Description: This book examines the evolving strategies and structure of large European firms in comparative and historical context. Although European corporations still differ in terms of ownership and management, they are adopting increasingly similar organizational structures and diversification strategies. The authors explain recent corporate developments by extending Alfred Chandler's original model of strategy and structure to include conglomerate diversification and the more integrated 'networked multidivisional' structure.
Review Quotes: "This is the definitive European work on the Harvard (Chandler) model of the strategy and structure of large corporations. After a balanced survey of alternatives and a measured denunciation of the excesses of Chandler's caricatures, Whittington and Mayer comprehensively confront the theory with empirical evidence and unmodishly but convincingly reaffirm the power of the Chandlerian perspective on diversification and divisionalization."--Leslie Hannah, Dean of City University Business School