Downscoping: How to Tame the Diversified Firm
 |
|
Описание:
Large, diversified firms face unique challenges as they compete worldwide, and corporate restructuring is one way multinationals strive for competitive advantage. Weighing the pros and cons of a variety of approaches to restructuring, Downscoping offersexecutives a clear, strategic path through the maze. The authors show that when a multinational conglomerate fails to compete effectively, too much diversification may be the culprit. Whether the result of weak corporate governance or poor corporate strategy, over-diversification can make managers, unfamiliar with some of the markets in which they compete, opt for safety over innovation. This risk-aversion and lack of long-range commitment to innovation lead inevitably to stagnation over the longer term. The answer is not downsizing--closing offices and laying off personnel--but downscoping: a strategic approach to restructuring. The options include incentive and compensation adjustments for executives, leveraged buy-outs and...Похожие книги
 | Restructuring Health Care Автор: J. Philip Lathrop Год: 1993 |
 | Privatization in Central and Eastern Europe: Perspectives and Approaches Автор: June G. Hopps, Demetrius S. Iatridis Год: 1998 |
 | Systemic Bank Restructuring and Macroeconomic Policy Автор: William E. Alexander, Carl-Johan Lindgren, Liam P. Ebrill, Jeffrey M. Davis Год: 2000 |
 | Workouts and Turnarounds II Автор: Dominic DiNapoli Год: 1999 |
 | Business Diagnosis (Mandarin) (Mandarin Chinese Edition) Автор: Dr Michael Teng Год: 2010 |
 | Mergers, Acquisitions and Corporate Restructuring Автор: Krishnamurti C., Vishwanath S.R. Год: 2008 |