"A fundamental part of any firm's corporate strategy is its choice of what portfolio of business to compete in. According to the academic literature, this decision should reflect the 'superiority' of related diversification over unrelated diversification... This is because related diversification presumably allows the corporate center to exploit the interrelationships that exist among its different businesses (SBUs) and so achieve cost and/or differentiation competitive advantages over its rivals."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
p. 149
https://en.wikiquote.org/wiki/Constantinos_C._Markides
Revision History
No revisions have been submitted for this quote.
Categories
Constantinos C. Markides
(born 1960) Cypriot economist and Robert P. Bauman Professor of Strategic Leadership at (London, UK), since 1990. He was listed among the Forbes.com list of Most Influential Management Gurus (2009).
8 quotes on TrueQuotesView all quotes by Constantinos C. Markides β
Related Quotes
"The process of developing superior strategies is part planning, part trail and error, until you hit upon something thβ¦"
"Traditional measures of relatedness provide an incomplete and potentially inaccurate picture of the scope of exploit β¦"
"We will argue that the long-run value of a related diversification lies not so much in the exploitation of economies β¦"
"It is important here to clarify the difference between 'strategic assets' and 'core competences.' Strategic assets arβ¦"
"Successful innovators focused on technology as a driver of value, not just as a tool for operational efficiency."
"Successful innovators are early adopters of ICT in their industry, even if the technology is already dispersed in othβ¦"
"Successful innovators have CEOs who act as technology evangelists."