'Strategic intent', 'core competence' and 'strategy as stretch and leverage', are all management concepts that have become associated with C.K. Prahalad and his frequent co-author, Gary Hamel, most often in the pages of the Harvard Business Review, but also in other journals and books. These...

The traditional system of company‐centric value creation (that has served us so well over the past 100 years) is becoming obsolete. Leaders now need a new frame of reference for value creation. In the emergent economy, competition will center on personalized co‐creation experiences,...

As recently as 24 months ago, the principal focus of management attention was cost reduction. Today, the captivating target is growth. How do you account for this rapid shift in interest?

Current research offers alternative explanations to the “linkage” between the pattern of diversification and performance. At least four streams of research can be identified. None of these can be considered to be a reliable, predictive theory of successful diversification. They are, at best,...