Business Level Strategy and Related Diversification
2024-06-07
By Dale Nesbitt
5 min read
Introduction
Strategic diversification is not just about expanding, but also about smart risk management.”
Dr. Nesbitt
Data scientist
01
Understanding Business Level Strategy and Its Role in Diversification
02
Exploring the Three Fundamental Tests for Successful Diversification
03
Related Diversification and Core Competencies
At the heart of a company's diversification is its business level strategy. Through related diversification, firms can make the most of their core skills. They can venture into new fields in line with their current operations, consolidating a firm’s strengths.
Read more