Growth of any organization requires continuous movement through phases of exploration of the new and exploitation of the old.

1. INNOVATION MODEL
Adapted from @ponbook and @rogerlmartin
GAIN
Second half of the chessboard First half of the chessboard
We’re Right Got it figured out
We’re Winners (in theory)
(Forever)
Exploitation Exploration
of old reliable of new valid
behaviour behaviour
Disruptive Ideas Work the Bugs Out
Confusion Refine the Algorithm
Messy Experiments LOSS
Self Canibalization

2. Sustainable Growth Through
Balance Of Exploration and Exploitation
Characteristics of Characteristics of
Exploitation Exploration
•Reliability • Validity
•Efficient • Uncertainty & Hunches
•Formula • Knowledge
•Confidence • Insecurity
•Perceived Predictability • Unknown
•The Herd • Alone