{"id":3611,"date":"2023-09-27T19:35:23","date_gmt":"2023-09-27T09:35:23","guid":{"rendered":"http:\/\/localhost\/wordpress\/?p=3611"},"modified":"2023-09-27T19:40:34","modified_gmt":"2023-09-27T09:40:34","slug":"ambidextrous-leadership","status":"publish","type":"post","link":"https:\/\/gearedforgrowth.biz\/ambidextrous-leadership\/","title":{"rendered":"Ambidextrous Leadership: The Key to Success in a Changing World"},"content":{"rendered":"\t\t
In today’s fast-paced business environment, leaders need to be able to think both strategically and operationally. They must keep up with the latest trends and developments, whilst also managing the day-to-day demands of the business. This is what is known as ambidextrous leadership.<\/p>
Ambidextrous leaders are able to balance two seemingly opposing forces: exploration and exploitation. Exploration is about taking risks and trying new things. Exploitation is about focusing on what works and optimising existing processes.<\/p>
Both exploration and exploitation are essential for business success. Exploration allows businesses to identify new opportunities and grow into new markets. Exploitation allows businesses to improve their efficiency and profitability.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t Social research has shown that ambidextrous leadership is an effective approach to leadership. For example, a study by the Harvard Business Review found that companies with ambidextrous leaders were more likely to outperform their peers financially. Another study, published in the Journal of Management Studies, found that ambidextrous leadership was associated with higher levels of employee engagement and innovation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t Neuroscience can help us to understand how ambidextrous leaders are able to switch between exploration and exploitation so effectively.<\/p> When we are thinking about the long term, we are using our prefrontal cortex, which is the part of the brain responsible for planning, decision-making, and abstract thought. When we are focused on the short term, we are using our amygdala, which is the part of the brain responsible for our emotions and fight-or-flight response.<\/p> Ambidextrous leaders are able to switch between these two modes of thinking by activating different parts of their brains. They are also able to control their emotions and avoid making impulsive decisions, even when they are under pressure.<\/p> When we switch between long-term and short-term thinking, there are a number of changes that occur in our brains.<\/p> These changes in brain activity allow us to switch between long-term and short-term thinking effectively.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t Ambidextrous leadership is not about a single leader trying to do everything. Rather, it is about creating an organisation where exploration and exploitation can coexist.<\/p> Research of 12 top management teams at major companies suggests that firms thrive only when senior teams lead ambidextrously. This means fostering a state of constant creative conflict between the old and the new by: Here are a few tips for switching between long-term and short-term thinking:<\/p> Take a break.<\/strong> When you need to switch between long-term and short-term thinking, it is helpful to take a break. This will help to clear your head and give your brain a chance to rest.<\/p> Change your environment.<\/strong> If you are struggling to switch between long-term and short-term thinking, try changing your environment. This could involve moving to a different room or going for a walk.<\/p> Use a visual cue<\/strong>. A visual cue can help you to switch between long-term and short-term thinking. For example, you could have a picture of your long-term goals on your desk or a whiteboard with your short-term tasks written down.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\tThe Evidence<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
Neuroscience Insights<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
How to Become an Ambidextrous Leader: \nCreate Ambidextrous Teams<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
This can be done by:<\/p>Tips for Switching Between Long-Term and Short-Term Thinking\n<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
Sources and citations\n<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t