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Build, Borrow, Or Buy: Solving The Growth DilemmaStock informationGeneral Fields
Special Fields
DescriptionThis book offers a framework and process to help you answer the perennial question of whether you should grow new capabilities internally, access them through licensing or other partnership arrangements, or acquire them by purchasing other companies. How should you grow your organization? It's one of the most challenging questions an executive team faces - and the wrong answer can break your firm. The problem is, most firms' growth strategies emphasize just one type of growth - some go for organic growth, others for M&A. When these strategies falter, the common response is simply to try harder. That can be fatal: firms falling into this "implementation trap" usually end up losing out to a competitor whose approach is more inclusive. So where do you start? By asking the right questions, argue INSEAD's Laurence Capron and coauthor Will Mitchell, of Duke University's Fuqua School of Business and the Rotman School of Management at the University of Toronto. Drawing on more than two decades of research and teaching, Capron and Mitchell have found that a firm's aptitude for determining the best "resource pathways" for its growth has a defining impact on its success. Author descriptionLaurence Capron is the Paul Desmarais Chaired Professor of Partnership and Active Ownership at INSEAD and Director of INSEAD Executive Education Program on "M&As and Corporate Strategy." Will Mitchell is the J. Rex Fuqua Professor of International Management at Duke University's Fuqua School of Business and holds the Anthony S. Fell Chair in New Technology and Commercialization as a Visiting Professor of Strategic Management at the University of Toronto's Rotman School of Management. |