...Kathryn Rudie Harrigan We propose a view of conglomerates that is at odds with what was seen in the implementation of highly unrelated diversification strategies pursued in the 1960s. Many of their differences emanated from development of the Internet’s enhanced computing power which facilitated...

... are offered in light of additional information about research findings and observed industry phenomena that are at odds with information available when Rumelt's (1974) study of diversification was performed. © 2022 Emerald Publishing Limited 2022 Emerald Publishing Limited Licensed re-use rights only...

...-use rights only Corporate renewal resource redeployment diversification scope divestitures declining performance turnaround consultants strategic owners financial owners Corporate strategy involves resource allocation decisions — including use of cash flows, technology, time...