Making Corporate Strategy Work - Focused Corporate Parenting as a Core Competence

Galpin, Timothy J. (2018) Making Corporate Strategy Work - Focused Corporate Parenting as a Core Competence. Journal of Business Strategy. (Accepted)

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Abstract

The gap between management theory and practice has been much criticized. To help bridge the divide, a synthesis of empirical, theoretical, and practice literature is offered, along with an application of the widely used VRIO framework, to contend that developing a focused corporate parenting approach as a core competence serves as a source of competitive advantage for diversified companies. The synthesis of empirical, theoretical, and practice literature presented provides a foundation for future research into the impact of focused corporate parenting on diversified firm performance. The application of the resource-based view (RBV) and core competency theories to corporate parenting provides managers with the rationale for and methodology to focus their corporate parenting activities. A prescription for how diversified firms can implement a focused corporate parenting approach is also included.

Item Type: Article
Keywords: Corporate Strategy, Corporate Parenting, Resource-Based View, Core
Subject(s): Strategy
Date Deposited: 10 Apr 2018 10:35
Last Modified: 10 Apr 2018 10:35
Funders: N/A
URI: http://eureka.sbs.ox.ac.uk/id/eprint/6798

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