Macro-Design · Full-day strategic retreats

The Innovation Portfolio (Explore/Exploit)

A framework for managing an organization's entire range of business models. It helps leaders balance the improvement of current operations with the search for future innovations to ensure long-term resilience.

When to use The Innovation Portfolio (Explore/Exploit)

During organizational transformation or long-term strategic roadmap planning.

How The Innovation Portfolio (Explore/Exploit) works

Facilitators can use this with leadership teams to categorize their current L&D initiatives, distinguishing between 'optimizing current training' and 'exploring new learning paradigms'.

Phases of The Innovation Portfolio (Explore/Exploit)

  1. Explore (Search for new growth engines)
  2. Exploit (Manage and grow existing business)

Key principles

  • Dual-Track Innovation
  • Portfolio Diversification
  • Continuous Renewal

Best for

  • Organizational Resilience
  • Strategic Growth
  • Change Management

Considerations

  • Requires different KPIs and mindsets for 'Explore' vs 'Exploit' activities
  • Needs strong executive buy-in to protect 'Explore' budgets

Attribution & sources

Developed by Alexander Osterwalder and Yves Pigneur

Primary source

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