Solving the discrepancy between exploitation and exploration (Theoretical treatment)

Authors

  • Aree M. Ali Technical College of Administration - Duhok Polytechnic University, Duhok, Kurdistan Region - Iraq
  • Dilman Kh. R. Sharafani Department of Tourism and Hotel Management (Visitor in Nawroz University), University of Dohuk, Kurdistan Region of Iraq

DOI:

https://doi.org/10.25007/ajnu.v9n3a793

Abstract

The current study sought to try to investigate the difference between the concept of exploration and exploitation and the reason for the contradiction between them, in addition to trying to find a solution to this contradiction by proposing intellectual concepts and theoretical treatment by explaining the two concepts and how to harmonize between them, or even linking them through organizational prowess, which is considered an attempt to solve This contradiction, in order to come up with intellectual premises and ways to address the problems of the organizations by showing a specific mechanism presented by the study of how to benefit from the two concepts, and not one at the expense of the other.
A number of conclusions were reached, the most important of which is that the balance between exploitation and exploration is a very difficult challenge in organizations that suffer from a lack of resources, capabilities and expertise.
The study also reached a set of recommendations represented not to take too long in resolving the contradiction with the government and how to choose one of them, but to find a way to solve the contradiction and use the best or both.

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References

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Published

2020-08-06

How to Cite

Ali, A. M., & Sharafani, D. K. R. (2020). Solving the discrepancy between exploitation and exploration (Theoretical treatment). Academic Journal of Nawroz University, 9(3), 249–259. https://doi.org/10.25007/ajnu.v9n3a793

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Articles