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Don’t Write Off the (Western) Focused Firm Yet

Harvard Business Review

The rise of Tata in India, Koç Holding in Turkey, and Grupo Carso in Mexico have some management thinkers contending that the conglomerate is back at the expense of the focused firm. In that same period PPG’s share price has risen by a compound average rate of 6.6%, compared to 5.1% for the S&P 500 Industrials. in the U.S.,