The quotations above are as close as we can get to an intellectual ‘mano a mano’ between philosophers from different centuries. Woody Allen might be more entertaining, but Machiavelli is probably more accurate. About half of the success of a company is tied to the fate of the industry in which it operates.
KeywordsBusiness Opportunity Competitive Position Late Entrant Unrelated Diversification Early Entrant
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- 1.Niccolo Machiavelli, The Prince, The Harvard Classics, edited by Charles W. Elliot, LLD (New York: P. F. Collier & Son, 1910) p. 84.Google Scholar
- 5.Thomas J. Peters and Robert H. Waterman, Jr, In Search of Excellence, Lessons from America’s Best-Run Companies (New York: Harper & Row, 1982) pp. 13–15.Google Scholar
- 8.Excellent descriptions about the early years of the General Motors organization are those of R. D. Chandler, Jr, Strategy and Structure, Chapters in the History of the American Enterprise (Cambridge: The MIT Press, 1980) (#37), andGoogle Scholar
- 8a.Alfred P. Sloan Jr, My Years with General Motors, edited by John McDonald with Catharine Stevens (New York: Doubleday Anchor, 1972).Google Scholar
- 9.Federal Trade Commission, Report on Motor Vehicle Industry (Washington, 1939) pp. 29–31.Google Scholar
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- 11.R. P. Rumelt, Strategy, Structure and Economic Performance (Cambridge: Harvard University Press, 1974),Google Scholar
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