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strategic styles


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The ways in which large diversified businesses control their subsidiary companies. Broadly, three strategies have been defined:strategic planning, in which the central organization develops a detailed overall masterplan with specified targets for the subsidiaries;financial control, in which the central organization acts as banker to the subsidiaries, setting tight financial targets and regularly monitoring performance;strategic control, in which the central organization sets an overall strategy, but agrees a business plan with each subsidiary and monitors each one against the agreed plan.See also parenting.

strategic planning, in which the central organization develops a detailed overall masterplan with specified targets for the subsidiaries;

financial control, in which the central organization acts as banker to the subsidiaries, setting tight financial targets and regularly monitoring performance;

strategic control, in which the central organization sets an overall strategy, but agrees a business plan with each subsidiary and monitors each one against the agreed plan.

Subjects: Business and Management.


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