Cover: Twelve Case Studies of Terminations and Divestitures by Business Firms

Twelve Case Studies of Terminations and Divestitures by Business Firms

Published 1986

by Susan J. Bodilly

Download

Download eBook for Free

FormatFile SizeNotes
PDF file 1.4 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.

Purchase

Purchase Print Copy

 Format Price
Add to Cart Paperback45 pages $23.00

To aid the Air Force in planning for potential budget cuts dictated by the Gramm-Rudman-Hollings Act, this Note considers case studies of twelve firms that have terminated or divested major activities. The study's findings suggest the following conclusions: (1) large organizations have difficulty terminating or divesting major activities; (2) a decision to terminate a major activity is usually made in conjunction with a decision to continue or initiate another activity, tying it to broad questions of corporate strategy; (3) successful corporations viewed termination in the larger context of corporate strategy, while often reformulating that strategy; (4) the strategy provided a context for decisions, not a plan; (5) top management's leadership skills were crucial in initiating, encouraging, and supporting the corporate strategy changes; and (6) termination efforts required the use of nonroutine procedures outside the established budgeting and planning processes.

This report is part of the RAND note series. The note was a product of RAND from 1979 to 1993 that reported other outputs of sponsored research for general distribution.

This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.

RAND is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.