Publications

January 1990 (Revised February 1990)
Teaching Note

Great Lakes Diversified Corp.: The Detroit Plant--1980, Teaching Note

By: Roy D. Shapiro

12 Sep 2023
Research & Ideas

How Can Financial Advisors Thrive in Shifting Markets? Diversify, Diversify, Diversify

assets. We also found that low-growth firms struggle with business development and marketing,” DiMaggio says. “That’s the loop you can get stuck in.” Ways to diversify The firms offering the broadest set of client services tend to expand... View Details

Keywords: by Ben Rand; Financial Services

September 1982 (Revised March 1986)
Teaching Note

Great Lakes Diversified Corp.: The Detroit Plant (TN)

By: W. Earl Sasser

August 2013
Article

The Price of Diversifiable Risk in Venture Capital and Private Equity

By: Michael Ewens, Charles Jones and Matthew Rhodes-Kropf

This paper explores the private equity and venture capital (VC) markets and extends the standard principal-agent problem between the investors and venture capitalist to show how it alters the interaction between the venture capitalist and the entrepreneur. Since the... View Details

Keywords: Price; Risk and Uncertainty; Venture Capital; Private Equity; Contracts; Investment; Competition; Agency Theory; Investment Return; Forecasting and Prediction; Theory; Diversification

Read Now

July 1979 (Revised December 1983)
Case

Norton Co. (A): Strategic Planning for Diversified Business Operations

By: Francis Aguilar

Keywords: Strategic Planning; Diversification

November 2011 (Revised February 2012)
Case

Greater Minneapolis-St. Paul: Building on a Diversified Base (Abridged)

By: William W. George

Keywords: Economic Growth; Competition; Minneapolis; Saint Paul

Educators

10 Jan 2023
Research & Ideas

How to Live Happier in 2023: Diversify Your Social Circle

The classic advice to investors is to diversify—put wealth into a combination of assets. Perhaps some cash goes into mutual funds, some in blue chips, and a little in growth stocks, spreading out risk as well as opportunity. What if people thought about investments in... View Details

Keywords: by Michael Blanding

July 1979
Supplement

Norton Co. (A): Strategic Planning for Diversified Business Operations, Appendixes

By: Francis Aguilar

Keywords: Strategy

1998
Working Paper

The Dark Side of Internal Capital Markets II: Evidence from Diversified Conglomerates

By: David S. Scharfstein

March 1998
Article

The Nature of Diversified Business Groups: A Research Design and Two Case Studies

By: P. Ghemawat and Tarun Khanna

Keywords: Business Ventures; Groups and Teams; Corporate Strategy

1996
Working Paper

Corporate Scope and Institutional Context: An Empirical Analysis of Diversified Indian Business Groups

By: Tarun Khanna and Krishna G. Palepu

1996
Working Paper

The Nature of Diversified Business Groups: A Research Design and Two Case Studies

By: Pankaj Ghemawat and Tarun Khanna

April 2000
Article

Is Group Affiliation Profitable in Emerging Markets? An Analysis of Diversified Indian Business Groups

By: Tarun Khanna and Krishna G. Palepu

Keywords: Groups and Teams; Profit; Emerging Markets; Theory; India

2025
Working Paper

Prices and Concentration: A U-shape? Theory and Evidence from Renewables

By: Michele Fioretti, Junnan He and Jorge Tamayo

We show that when firms compete via supply functions, transferring high-cost capacity to the largest, most efficient firm—thereby diversifying its production technologies while increasing concentration—can lower prices by prompting the leader to expand output and... View Details

Keywords: Diversified Production Technologies; Concentration Levels; Market Power; Supply Function Equilibrium; Hydropower; Energy Transition; Renewable Energy; Price; Competition; Supply and Industry; Energy Industry; Colombia

Read Now

12 Dec 2023
Research & Ideas

COVID Tested Global Supply Chains. Here’s How They’ve Adapted

diversification Companies are also starting to recognize—and rediscover, as in the case of Intel Corp.—the benefits of diversifying their global production and supply chains, Alfaro says. The chip manufacturer downsized its plant in Costa... View Details

Keywords: by Scott Van Voorhis

03 Jan 2023
What Do You Think?

How Would the Leadership Style of Girl Scouts' Frances Hesselbein Fare Today?

(iStockphoto/400tmax) While summarizing comments to this same question asked about Jack Welch in last month’s column (shown below), I received word of Frances Hesselbein’s death. Welch was regarded by many as the greatest CEO of the 20th century. Hesselbein, national... View Details

Keywords: Re: James L. Heskett

31 Aug 2012
Working Paper Summaries

The Effect of Institutional Factors on the Value of Corporate Diversification

Keywords: by Venkat Kuppuswamy, George Serafeim & Belén Villalonga

April 1998 (Revised September 1998)
Case

Classic Pen Company, The: Developing an ABC Model

By: Robert S. Kaplan

Classic Pen has diversified from its core blue and black pen business by introducing new specialized colors. But costs have risen and margins on blue and black pens are decreasing. The controller turns to activity-based costing (ABC) for an explanation. View Details

Keywords: Activity Based Costing and Management; Manufacturing Industry

Educators

March 2002 (Revised September 2005)
Case

Robert Mondavi and the Wine Industry

Examines the competitive challenges facing Robert Mondavi as the wine industry begins to consolidate globally. Mondavi faces challenges from foreign competitors entering the U.S. market as well as diversified global alcoholic beverage companies entering the wine... View Details

Keywords: Plant-Based Agribusiness; Competitive Strategy; Globalized Markets and Industries; Agriculture and Agribusiness Industry; Food and Beverage Industry; United States

Educators