In the corporate world Mantra to not fail lies in how well a company is able to balance its efforts between Innovations and Operations. My observation- Yhoo is an example of how once a net-icon is now on the downhill path as they kept picking only one i.e. either Innovation or Operation at a time vs. balancing both all the time. On the other hand, GOOG has been successful so far as they have been at the forefront of innovations while ensuring operational efficiency is not lost. This TED video provides great insights on “Balancing Exploration and Exploitation.”

http://www.ted.com/talks/knut_haanaes_two_reasons_companies_fail_and_how_to_avoid_them?utm_source=linkedin.com&utm_medium=social&utm_campaign=tedspread