u1492637478_A_split_image_with_an_explorer_on_the_left_a_busi_221bddc3-2e9a-4ca6-b930-a8d3f3fb479f_0 Editorial Reinvention vs. Optimization In 1991, the organizational theorist James G. March published a paper that has quietly shaped how we think about business ever since. He called it Exploration and Exploitation in Organizational Learning. His argument was simple but profound: every organization faces a tension between two forces — exploring the new and exploiting By Tobias Dahlberg • 4 min read