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Diversifiction and Diversifact
Ghoshal, Sumantra , and Henry Mintzberg
37/1  (Fall 1994): 8-27

A spinning top is an apt metaphor for diversification that works. It requires sitting on a base of strong business, possessing substantial bulk in the form of planning systems and adapting mechanisms, and receiving thrust from the central management-all held together by a viable culture and maintaining its balance through its dynamic energy. This article develops the metaphor, links it to a number of corporate experiences, discusses the different tradeoffs in keeping a diversified enterprise in balance, and suggests a sequence by which necessary capabilities can be developed.

 

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