Corporate strategy is the strategy a firm uses to compete across multiple businesses. Many small firms want to grow by entering new businesses. Many large firms already are in multiple businesses, e.g. a photo camera producer selling also sunglasses.
We developed this course to help you make good corporate strategy decisions. Of the many decisions a firm has to make, corporate strategy decisions are among the most consequential. We will look at these key corporate strategy decisions:
– Diversification: How and which businesses should your firm enter?
– Divestiture: How and from which businesses should your firm exit?
– Corporate HQ: How should we organize corporate headquarters to create value across the different businesses?