Implementing Corporate Strategy: Managing the Multibusiness Firm
5 important questions on Implementing Corporate Strategy: Managing the Multibusiness Firm
What are the four main activities by which corporate management creates value within a company?
- Managing the business portfolio
- Managing linkages among businesses
- Managing individual businesses
- Managing change and development
How do you call the activity that can be described as deciding which businesses and geographical markets the company should serve and allocating resources among these different businesses and markets?
How do you call the activity that can be described as exploiting opportunities for sharing resources and transferring capabilities comprises multiple activities ranging from the centralized provision of functions to best practices transfer?
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How do you call an activity that canbe described as increasing the performance of individual businesses by enhancing the quality of their decision making, installing better managers, and creating incentives that drive superior performance?
How do you call an activity that can be described as although multi businesses have the key advantage of not being captives of a single industry, exploiting thus advantage means the processes, structures, and attitudes that foster new initiatives and create a willingness to let go of the past?
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