PDF-Inefficient diversification

1SeeforexampleGreenspan1997andFinancialCrisisInquiryCommission20112 betweenriskswithinanassetclassThekeyassumptionintheirmodelisthatjointfailuresofintermediarieswouldleadtoslowerrecoveryofthe. BACKGROUND. Rapid rate of diversification often follows the adaptive radiation. + (sexual) selection. New niches. Mutation. New species. Adaptive radiation. Examples of adaptive radiation:. Galapagos Island finches. Kyle Hersey, Stefan . Dimitrov. , Kasey Darling,. Lauren D’Amato & . Khaleel. . Jhungeer. Growth. Growth strategies are used to increase and expand a company’s operations. Growth is often necessary for the long-term survival of thriving companies. Brian O. ’. Meara. EEB464 Fall . 2015. http://www.youtube.com/watch?v=b97sBw-sRNM. Stork. Insect diversity: facts, fiction, and speculation. Biological Journal of the Linnean Society (1988) vol. 35 pp. 321-337. CHAPTER 6. CORPORATE-LEVEL STRATEGY. THE STRATEGIC MANAGEMENT PROCESS. . . . . KNOWLEDGE OBJECTIVES. . . KNOWLEDGE OBJECTIVES. GENERAL ELECTRIC: THE QUINTESSENTIAL DIVERSIFIED FIRM. ■. B290. Diversification. Diversification:. The entry into product markets in which the firm has had no prior activities, e.g. . Sprits from beer (Whitbread). Bricks, coal mining (Hanson). Computers from . Crafting a Diversified Company’s . Overall Corporate Strategy . Picking new industries to enter and deciding . on the means of entry. Pursuing opportunities to leverage cross-business value chain relationships into competitive advantage. Bodie, Kane and Marcus. Essentials of Investments . 9. th. Global Edition. . 6. 6.1 Diversification and Portfolio Risk. Market/Systematic/Non diversifiable Risk. Risk factors common to whole economy. CORPORATE STRATEGY: DIVERSIFICATION AND THE MULTIBUSINESS COMPANY. Understand when and how business diversification can enhance shareholder value.. Gain an understanding of how related diversification strategies can produce cross-business strategic fit capable of delivering competitive advantage.. why and how?. Ricardo Hausmann. Harvard Kennedy School & . Center for International Development at . Harvard University. A reinterpretation of the sources of growth. Why are some countries rich and others poor?. Hal Pawson. City Futures Research Centre, UNSW, Sydney. Presentation overview. Diversification into ‘community services’. Diversification into surplus-generating commercial activities. Innovations in organisational structures. 1. er. février 2017 - Gembloux.     . L’organisation du travail :. Prendre le temps d’y réfléchir. Amélie TURLOT . – CRA-W. Anne VERBOIS . – Accueil Champêtre en Wallonie. Maryvonne CARLIER . Don’t put all of your eggs in one basket. Because it is very difficult to accurately predict how any one company will perform over time, you may want to diversify your portfolio.. Diversification. is a strategy that helps to protect your portfolio over time.. Need tools to help evaluate contagion risk. . Although large cascades are (today) off-path, it’s important to keep them off-path.. Introduction. Rochet, Tirole (1996. ) . Kiyotaki, Moore (1997. ). Allen, Gale (2000. Non-standard decision making (Menu effects) and non-standard beliefs. Reading. Predictably Irrational. , Chapter 9, . Keeping Doors Open. Nudge. , sections “Rules of Thumb” and “Company Stock” of Chapter 7, .