Remove Lean Production Remove Long-term Remove Supply Chain Remove Technology
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The Coherent Conglomerate

Harvard Business Review

Every successful conglomerate we know of — GE, Honeywell, Tata and United Technologies Corporation among them — has prospered by doing two things. How, then, can conglomerates succeed over the long term while remaining large and relatively diverse? But that probably won't work. There is no universal answer.

Welch 8
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What You Won’t Hear About Trade and Manufacturing on the Campaign Trail

Harvard Business Review

Generally, what we see is the country where the final assembly of a product took place. Almost every sophisticated manufacturer uses some kind of lean production system that pulls raw materials in from a warehouse. Why are supply chains structured this way with tiers of component makers who assemble progressively larger pieces?