By a News Reporter-Staff News Editor at Investment Weekly News -- Researchers detail new data in Futures. According to news reporting out of Sheffield, United Kingdom, by VerticalNews editors, the research stated, "Whilst past research has explored the notion of co-evolution and ambidexterity in organizations, few have drawn from theoretical insights made in other domains of study such as biology and cultural evolution. This paper seeks to make a contribution towards this project, by developing an agent-based simulation model of multi-level co-evolution within an organization, with a view towards shedding new light on organizational adaptation."
Our news journalists obtained a quote from the research from the University of Sheffield, "Unlike previous simulation studies of this nature, this study focuses on the co-evolution of behaviour at multiple-levels between interacting individuals, based on the evolutionary mechanisms of variation, selection and retention. In this way it is seen that incremental, punctuated and chaotic patterns of aggregate organizational behaviour arise from the same core building blocks of variation-selection-retention. The findings from this study point to the need for management control in ambidextrous organizations both during times of stability AND transformational change. In the latter case, this control was not that of an overpowering management suppressing variations and innovation from within the organization."
According to the news editors, the research concluded: "Rather it might be interpreted as the voice of calm in the chaos of the storm, providing direction to the many actors within the organization and walking them along the thin line between inaction and chaos."
For more information on this research see: Calm in the storm: Simulating the management of organizational co-evolution. Futures, 2014;57():62-77. Futures can be contacted at: Elsevier Sci Ltd, The Boulevard, Langford Lane, Kidlington, Oxford OX5 1GB, Oxon, England. (Elsevier - www.elsevier.com; Futures - www.elsevier.com/wps/product/cws_home/30422)
Our news journalists report that additional information may be obtained by contacting D. Breslin, University of Sheffield, Sch Management, Sheffield S10 1FL, S Yorkshire, United Kingdom.
Keywords for this news article include: Europe, Futures, Sheffield, United Kingdom
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