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The Peanut Butter and Jelly Approach to Growth

Harvard Business Review

For 2011, it all added up to $4.8 In 2001, Smucker's acquired Jif and Crisco from P&G, which no longer saw them as a strategic fit. Smucker's impressive annual results cap a decade in which the 4,500-employee firm achieved compound annual revenue growth of 23% and per-share earnings growth of 14%. billion in sales.

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How to Know If a Spin-Off Will Succeed

Harvard Business Review

Decisive actions are required to tackle the factors that prompted the spin-off in the first place, which in many cases are underperformance and/or a lack of strategic fit leading to chronic underinvestment in the development of the business. Only in rare circumstances is “business as usual” a viable value-creating option.