When corporate parenting aids strategic clarity: The importance of a firm's core competencies. Issue 9 (9th September 2019)

• Record Type: Journal Article
• Is Part Of: Strategic direction. Volume 35:Issue 9(2019)
• Page Start: 4
• Page End: 6
• Publication Date: 2019-09-09
• Subjects: Corporate strategy -- Core competencies -- Diversification; Management -- Periodicals; 658.4005
• DOI: 10.1108/SD-06-2019-0109
• Languages: English
• ISSNs: 0258-0543

Abstract

Abstract : Purpose: This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach: This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings: Many firms today opt to seek growth through a diversification strategy. Success becomes likelier when the company is able to access key resources and capabilities and adopts a corporate parenting approach that is both appropriate and highly focused. Originality/value: The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.