Issues Revisited from Rumelt's (1974) "Strategy, Structure and Economic Performance"

Abstract

Performance expectations are revisited pertaining to particular corporate strategies that were highlighted by Rumelt (1974). In particular, suggestions regarding expectations about conglomerate enterprises, vertical integration, and mature- or declining-demand businesses are offered in light of additional information about research findings and observed industry phenomena that are at odds with information available when Rumelt’s (1974) study of diversification was performed.