Abstract
In this chapter, we will first explain the importance of growth as a driver of long-term value creation and corporate vitality. We will then introduce important frameworks for thinking about corporate growth that address the different time horizons of growth, the sources of growth close to and beyond the core, and the different internal and external pathways for achieving growth. And finally, we will go into more detail and discuss the various levers to tap the growth potential within the existing portfolio as well as proven approaches for identifying, evaluating, and selecting growth options beyond the existing portfolio.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Baghai M, Coley S, White D (2000) The alchemy of growth. Perseus Publishing, Cambridge, MA
Brigl M, Hong M, Roos A, Schmieg F, Wu X (2016) Corporate venturing shifts gears: how the largest companies apply a broad set of tools to speed innovation. BCG Report
Casadesus-Masanell R, Gassmann O, Sauer R (2017) Hilti (A): fleet management? HBS case 9–718-419. HBS Publishing
Das TK, Teng BS (2000) Instabilities of strategic alliances: an internal tension perspective. Organ Sci 11(1):77–102
Grant RM (2012) Jeff Immelt and the reinventing of general electric. In: Grant RM (2013) Contemporary strategy analysis, 8th edn. Wiley, Chichester
Jackson T (2009) Prosperity without growth: economics for a finite planet. Earthscan, New York, NY
Junni P, Sarala RM, Taras V, Tarba SY (2013) Organizational ambidexterity and performance: a meta-analysis. Acad Manag Perspect 27(4):299–312
Kim WC, Mauborgne R (2004) Blue ocean strategy. Harv Bus Rev 82(10):76–84
March JG (1991) Exploration and exploitation in organizational learning. Organ Sci 2(1):71–87
Meadows DH, Meadows DL, Randers J, Behrens WW III (1972) The limits to growth. Potomac Associates
Ringel M, Zablit H, Grassl F, Manly J, Möller C (2018) The most innovative companies 2018. BCG Report
Schneider F, Kallis G, Martinez-Alier J (2010) Crisis or opportunity? Economic degrowth for social equity and ecological sustainability. J Clean Prod 18(6):511–518
Teece DJ (2010) Business models, business strategy, and innovation. Long Range Plan 43(2):172–194
Zook C (2004) Beyond the core. Harvard Business School Press, Cambridge, MA
Zook C, Allen J (2001) Profit from the core. Harvard Business School Press, Cambridge, MA
Zook C, Allen J (2016) The founder’s mentality. Harvard Business Review Press, Boston, MA
Further Reading
Success Factors of Corporate Growth
Campbell A, Park R (2005) The growth gamble: when leaders should bet on big new businesses. Nicholas Brealey International
Demir R, Wennberg K, McKelvie A (2017) The strategic management of high-growth firms: a review and theoretical conceptualization. Long Range Plan 50(4):431–456
Silverstein MJ, Bolden D, Jacobsen R, Sajdeh R (2016) Rocket: eight lessons to secure infinite growth. McGraw-Hill, New York, NY
Growth Modes
Achtenhagen L, Brunninge O, Melin L (2017) Patterns of dynamic growth in medium-sized companies: beyond the dichotomy of organic versus acquired growth. Long Range Plan 50(4):457–471
Capron L, Mitchell W (2012) Build, borrow, or buy: solving the growth dilemma. Harvard Business Press, Boston, MA
Geyskens I, Steenkamp JBEM, Kumar N (2006) Make, buy, or ally: a transaction cost theory meta-analysis. Acad Manag J 49(3):519–543
Growth Search and Creativity
De Brabandere L, Iny A (2013) Thinking in new boxes: a new paradigm for business creativity. Random House, New York, NY
Liedtka J, Ogilvie T (2011) Designing for growth: a design thinking toolkit for managers. Columbia Business School Publishing, New York, NY
Business Model Innovation
Kim WC, Mauborgne R (2004) Blue Ocean strategy: how to create uncontested market space and make the competition irrelevant. Harvard Business School Publishing, Cambridge, MA
Lindgardt Z, Hendren C (2014) Doing something new with something old: using business model innovation to reinvent the core. BCG Report
Limits of Growth
Fournier V (2008) Escaping from the economy: the politics of degrowth. Int J Sociol Soc Policy 28(11):528–545
Latouche S (2009) Farewell to growth. Polity, Cambridge, UK
Victor PA (2008) Managing without growth: slower by design, not disaster. Edward Elgar, Cheltenham, UK
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2019 Springer Fachmedien Wiesbaden GmbH, part of Springer Nature
About this chapter
Cite this chapter
Pidun, U. (2019). Corporate Growth Strategy. In: Corporate Strategy. Springer Gabler, Wiesbaden. https://doi.org/10.1007/978-3-658-25426-1_5
Download citation
DOI: https://doi.org/10.1007/978-3-658-25426-1_5
Published:
Publisher Name: Springer Gabler, Wiesbaden
Print ISBN: 978-3-658-25425-4
Online ISBN: 978-3-658-25426-1
eBook Packages: Business and Economics (German Language)