Why Multibusiness Strategies Fail and How to Make Them Succeed
Multibusiness enterprises remain the dominant form of corporate organization today. While crafting strategies for them can certainly be hard, the way many leaders go about it is flawed: They focus too much on the composition of their portfolio and too little on how the corporation should add value to the businesses in it. A corporation’s scope determines its strategic potential, but aligning its structure and management processes with its chosen sources of value creation determines the success of its execution.
