Bednarek, Rebecca, Burke, Gary, Jarzabkowski, Paula and Smets, Michael (2016). Dynamic client portfolios as sources of ambidexterity:exploration and exploitation within and across client relationships. Long Range Planning, 49 (3), 324–341.
Abstract
This paper explains how dynamic client portfolios can be a source of ambidexterity (i.e., exploration and exploitation) for knowledge-intensive firms (KIFs). Drawing from a unique qualitative dataset of firms in the global reinsurance market, we show how different types of client relationships underpin a dynamic client portfolio and become a source of ambidexterity for a KIF. We develop a process model to show how KIFs attain knowledge by segmenting their client portfolios, use that knowledge to explore and exploit within and across their client relationships, and dynamically adjust their client portfolios over time. Our study contributes to the literature on external sources of ambidexterity and dynamic management of client knowledge within KIFs.
Publication DOI: | https://doi.org/10.1016/j.lrp.2015.12.003 |
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Divisions: | College of Business and Social Sciences > Aston Business School > Marketing & Strategy |
Additional Information: | © 2015, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/ Funding: ESRC (ES/K00926/1; RES-186-27-0020; RES-173-27-0163); British Academy of Management (SG091192) Insurance Intellectual Capital Initiative, Worshipful Company of Insurers, and Lloyd's Tercentennary Foundation. |
Uncontrolled Keywords: | Strategy and Management,Finance,Geography, Planning and Development |
Publication ISSN: | 1873-1872 |
Last Modified: | 29 Oct 2024 13:21 |
Date Deposited: | 28 Jan 2016 13:30 |
Full Text Link: | |
Related URLs: |
http://www.scop ... tnerID=8YFLogxK
(Scopus URL) |
PURE Output Type: | Article |
Published Date: | 2016-06 |
Published Online Date: | 2015-12-24 |
Accepted Date: | 2015-12-23 |
Authors: |
Bednarek, Rebecca
Burke, Gary ( 0000-0002-1625-8095) Jarzabkowski, Paula Smets, Michael |