Strategy, Structure, And Economic Performance by Richard P. Rumelt
This work uses empirical analysis of large U.S. firms to argue that a company’s economic performance is shaped by its strategic choices and the fit between those choices and organizational structure: diversification, corporate policies, and managerial coordination matter, and diversified firms perform better when their businesses are related and when structure facilitates transfer of skills and resources. It challenges simple market-structure explanations for profitability, shows how internal organization, economies of scale and scope, and strategic positioning influence returns, and emphasizes that careful alignment of strategy and structure — not just industry conditions — explains much of the variation in corporate performance.
- Published
- 1974
- Nationality
- American
- Length
- Unknown
- Pages
- Unknown
- Original Language
- English
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