The firm-as-portfolio model implies both a practice (growth through diversification) and a form (the conglomerate). Unrelated diversification entails buying businesses in industries that are neither potential buyers, suppliers, competitors, or complements to the firm's current business.
Neil FligsteinRelated topics
business buying conglomerate current diversification form growth model potential practiceRelated quotes
My model for business is The Beatles. They were four guys who kept each other kind of negative tendencies in check. They balanced each other and the total was greater than the sum of the parts. That's how I see business: great things in business are never done by one person, they're done by a team of people.
Steve Jobs
We must consider not only why the classical theory of democracy appears to be in contradiction with the observed practice, but also why the many different responses to this observation, though mutually incompatible, all share the belief that democracy is the best form of political organization.
Moses I. Finley
Parties do not maintain themselves. They are maintained by effort. The government is not self-existent. It is maintained by the effort of those who believe in it. The people of America believe in American institutions, the American form of government and the American method of transacting business.
Calvin Coolidge
