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How to ensure success in new markets

The head office must exercise effective corporate oversight of its business units

Debt-laden Hanjin Shipping's collapse was due to a multitude of factors such as lack of head office support for strategic direction, management capability, financial resources and risk management.

General Electric has created a parallel system that takes advantage of its sheer scale of operations to drive strategic growth and performance.

WHAT does it take for business units to operate effectively and succeed in new markets? What do failed business expansions have in common?

In a volatile and diverse economy, how should top business executives redefine the relationship between the head office and business units to drive...

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