Group Ideas Businesses
Summary
Structuring a collection of businesses to make the whole greater than the sum of the parts.
Key Concepts
- Acquisition to build a corporate group is a proven way to build substantial, valuable businesses. It is also often the quickest way to get an ideas business to the scale where the option opens up to become a public company.
- The motivation for forming groups must involve a clear strategy and, while processes are often driven by financial considerations, they must not be allowed to take over.
- A business that is being taken over by another must accept that fact positively for the acquisition to succeed.
- The central dilemma in growing a group business is making the diversity in the group a strength, not a weakness.