Possible ways of managing paradoxes
Navigating Focus on one contradiction at a time, temporal separation
Parallel processing Split the paradox up, so different departments can handle a different
aspect of it - spatial separation
Juxtaposing Constant managing of both sides, this is often done by managers
Balancing Dynamic capabilities, dynamic balance, trade-off
Resolving Reach a balance at a higher level
Embracing Use the tension, exploit it, can lead to more creativity
The paradoxes we care about
Strategy topic Strategy paradox Strategy perspective
Strategising Logic vs intuition Analytic vs holistic reasoning
Mission & vision Profitability vs responsibility Shareholder vs stakeholder
Business level strategy Markets vs resources Inside-out vs Outside-in
Network level strategy Competition vs collaboration Discrete vs embedded
Strategic innovation Exploitation vs exploration Strategic improvement vs radical
rejuvenation
The solutions/ways to manage them
Strategising Navigating (mental time-outs to allow for creativity)
Parallel processing (logic and intuition separated into different
departments)
Embracing (get advantages of both by putting them in same team)
Mission & vision Parallel processing (manage shareholders and stakeholders at
different levels and by different people)
Balancing (just do both, make sure we’re always doing sustainable
things as well as just making money)
Resolving (CSV)
Business level Parallel processing (Different departments work on markets (sales
strategy managers) while others work on resource leveraging (R&D))
Juxtaposing (Dynamic capabilities* allow them to manage the
paradox at the same time at different levels)
Navigating Focus on one contradiction at a time, temporal separation
Parallel processing Split the paradox up, so different departments can handle a different
aspect of it - spatial separation
Juxtaposing Constant managing of both sides, this is often done by managers
Balancing Dynamic capabilities, dynamic balance, trade-off
Resolving Reach a balance at a higher level
Embracing Use the tension, exploit it, can lead to more creativity
The paradoxes we care about
Strategy topic Strategy paradox Strategy perspective
Strategising Logic vs intuition Analytic vs holistic reasoning
Mission & vision Profitability vs responsibility Shareholder vs stakeholder
Business level strategy Markets vs resources Inside-out vs Outside-in
Network level strategy Competition vs collaboration Discrete vs embedded
Strategic innovation Exploitation vs exploration Strategic improvement vs radical
rejuvenation
The solutions/ways to manage them
Strategising Navigating (mental time-outs to allow for creativity)
Parallel processing (logic and intuition separated into different
departments)
Embracing (get advantages of both by putting them in same team)
Mission & vision Parallel processing (manage shareholders and stakeholders at
different levels and by different people)
Balancing (just do both, make sure we’re always doing sustainable
things as well as just making money)
Resolving (CSV)
Business level Parallel processing (Different departments work on markets (sales
strategy managers) while others work on resource leveraging (R&D))
Juxtaposing (Dynamic capabilities* allow them to manage the
paradox at the same time at different levels)
