Exploration versus exploitation: Emotions and performance as antecedents and consequences of team decisions

Published

Journal Article

Copyright © 2015 John Wiley & Sons, Ltd. We analyze performance and emotions as antecedents and consequences of team strategic decisions to explore a new routine versus exploiting an existing one. In a laboratory study, we examine team decision making over time and draw causal inferences about the relationships among team emotions, team performance, and explore-exploit decisions. We use self-report data to measure team emotions, and validate results with psychophysiological data. We find that declines in performance increase the likelihood that teams decide to explore new routines rather than exploit existing ones. We also find a marginal positive effect of positive emotions, as measured by both self-report and psychophysiological data, on team decisions to explore a new routine. Further, teams successful at implementing new routines report increased positive emotions, as measured by the self-report data. This relationship is fully mediated by performance change.

Full Text

Duke Authors

Cited Authors

  • Døjbak Håkonsson, D; Eskildsen, JK; Argote, L; Mønster, D; Burton, RM; Obel, B

Published Date

  • June 1, 2016

Published In

Volume / Issue

  • 37 / 6

Start / End Page

  • 985 - 1001

Electronic International Standard Serial Number (EISSN)

  • 1097-0266

International Standard Serial Number (ISSN)

  • 0143-2095

Digital Object Identifier (DOI)

  • 10.1002/smj.2380

Citation Source

  • Scopus