Table 2From “Growth needs an exploration-exploitation portfolio”
How can executive leadership conduct an auditable exploration-exploitation portfolio audit?
Table 2How can executive leadership conduct an auditable exploration-exploitation portfolio audit?
| Review question | Exploration answer | Exploitation answer |
|---|---|---|
| What is the object? | A hypothesis, option, or new capability | A process, offer, or capability already selected |
| What action is being taken? | Search, vary, test, or compare | Refine, standardize, produce, or implement |
| What counts as evidence? | A learning signal that changes the next search | A repeatable result under a stable operating boundary |
| What is the next decision? | Continue, redirect, combine, or stop the search | Scale, repair, automate, or retire the routine |
| Which horizon is valid? | Long enough to observe meaningful learning | Short enough to manage current performance |
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Source: Table from this essay. Sources and interpretation are given in the article.

From the essay
Growth that compounds
Growth needs an exploration-exploitation portfolio
Growth needs two time horizons: exploration searches and experiments; exploitation refines and implements what already works.
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