Remove Engineering Remove Finance Remove Fixed Costs Remove Management
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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

Given the two companies’ complementary shipping schedules, services, and vessels, the agreement allows them to provide greater product options to customers at substantially lower operating cost. A company that misses one generation may find it hard to catch up, especially if it has also lost internal process engineering know-how.

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3D Printing Will Revive Conglomerates

Harvard Business Review

Hailed in the 1960s as bastions of sophisticated management, they used cheap financing to acquire, then rationalize, many family-owned firms. With GE’s recent announcement to split off its remaining finance operations , and Honeywell also considering divestment, the pressure on these groups remains in force.