The degree of collaboration between business units in diversified corporation: A strategic perspective

Abstract

The Company's CEOs are always obsessed with diversification since the early 1960s and this belief is continuing to date. Diversified corporations run multiple businesses to generate various opportunities to gain competitive advantages and differentiate themselves in the market. This study considered the business strategy of business units (BUs) for diversified corporations. Based on the dominating strategy pursued by BUs, this study tried to investigate the level of collaboration between the BUs when these BUs have a similar strategy or different strategy. Thus, this article aims to examine the level of collaboration or coordination between BUs in Indian diversified companies. A survey was carried out with 107 companies for examination and these companies were chosen to be of different sizes and sectors. The findings represent that the level of collaboration is high when the BUs have a similar kind of business strategy while the level of collaboration is low when they have different kinds of business strategies. These findings are useful for the current organizations to seek collaboration between BUs in the diversified corporation.

Evaluation of organizational variables of quality 4.0 in digital transformation: the study of an Indian manufacturing company

“…(3) Collaboration: Collaboration can be defined in various ways and names but is generally described as a cooperative or coordinated way in which two or more entities work together toward a shared goal (Verma et al, 2020). In other words, it also acts as a competency in the national and global plan for quality improvement (Martin and Bryant, 2020).…”

“…The second positioned variable for quality 4.0 in digital transformation is Collaboration (COL). Collaboration is described as a cooperative or coordinated way in which two or more entities work together toward a shared goal (Verma et al, 2020;Martin and Bryant, 2020). The organizations should incorporate the digital transformation strategy across value chains and supply chains as well as with manufacturers for quality 4.0 success.…”

Designing supply chain performance system: a strategic study on Indian manufacturing sector

“…Prospectors organizations encounter entrepreneurial challenges, such as product innovation and marketplace development, whereas on the other extreme Defenders type of organizations dwell in a stable market environment with constant and narrow product offerings (Kumar and Sharma, 2017b;. Defenders' prime basis of competition is the cost-efficiency in their operations (Verma et al, 2020b). Analyzers are the organizations that share attributes with both prospectors and defenders.…”

Impact of Network Factors on Supply Chain Performance: A Case of Textile Sector of Pakistan

“…This increases the need to probe the factors that hinder SC performance in this sector. Literature also emphasizes on increasing attention towards the implementation of integrational strategies which can greatly influence SC performance and can enhance the competitiveness in Textile supply chains (Verma et al, 2020).…”