THE CONGLOMERATE AND THE FOCUSSED AGGLOMERATE: MODERN FORMS OF THE LEADER-COMMANDED FIRM

Bruce W. Ross

No 109, Working Papers from University of Sydney, School of Economics

Abstract: The dominant business form of this century, the hierarchically controlled multidivisional enterprise, is typically committee-commanded. commanded. However in the last quarter-century there has been a resurgence of leader-commanded firms. Two distinct types are identified. The more common is the diversified conglomerate. The other is the focussed agglomerate. The focused agglomerate has greater potential to eventually transform into a hierarchically controlled multidivisional enterprise.

Date: 1988-07
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