Cross-Business Synergies [electronic resource] : A Typology of Cross-Business Synergies and a Mid-range Theory of Continuous Growth Synergy Realization /
Knoll, Sebastian.author.
Currently, the realization of cross-business synergies is one of the most pressing strategic issues on the corporate agenda of multi-business firms. Sebastian Knoll investigates what cross-business synergies actually are and how they are realized successfully. In a first step, a theory-based typology of cross-business synergies is developed and two new types of synergies are conceptualized: (1) Growth synergies, i.e. profitable growth advantages from recombining complementary operative resources across businesses, and (2) corporate management synergies, i.e. performance advantages from leveraging corporate management capabilities across businesses. In a second step, the author focuses on growth synergies and inducts a framework for their continuous realization from a longitudinal in-depth single case study. He suggests that the successful realization of growth synergies is associated with a selective focus on specific growth opportunities, decentralized cross-business collaboration that motivates productive business unit self-interest, and a corporate management approach that guides and balances this self-interest in an evolutionary fashion.
Description based upon print version of record.
Dissertation--Universität St. Gallen, 2008.
Includes bibliographical references.
Introducing and Classifying Cross-Business Synergies -- Concept and Characteristics of Cross-business Synergies -- Types of Cross-business Synergies -- Summary and Discussion of Part I -- Realizing Growth Synergies -- Literature Review: Operative Synergies -- Empirical Approach -- Exploratory Work: Strategies for Growth Synergies -- Case Study: The continuous realization of growth synergies -- Results: Key success factors for the continuous realization of growth synergies -- Summary and Discussion of Part II.
Currently, the realization of cross-business synergies is one of the most pressing strategic issues on the corporate agenda of multi-business firms. Sebastian Knoll investigates what cross-business synergies actually are and how they are realized successfully. In a first step, a theory-based typology of cross-business synergies is developed and two new types of synergies are conceptualized: (1) Growth synergies, i.e. profitable growth advantages from recombining complementary operative resources across businesses, and (2) corporate management synergies, i.e. performance advantages from leveraging corporate management capabilities across businesses. In a second step, the author focuses on growth synergies and inducts a framework for their continuous realization from a longitudinal in-depth single case study. He suggests that the successful realization of growth synergies is associated with a selective focus on specific growth opportunities, decentralized cross-business collaboration that motivates productive business unit self-interest, and a corporate management approach that guides and balances this self-interest in an evolutionary fashion.
Leadership.
Management.
Business Strategy/Leadership.
Management.