Not too long ago the prevailing corporate buzzword was “synergy.” Combine one business with another, eliminate redundancies, and watch the profits accumulate. Not all mergers would succeed, of course, but two heads would usually prove better than one, particularly at companies where revenue and innovation had stagnated. In 2011, however, a growing number of large companies are challenging the synergy gospel by spinning pieces of their business off into independent entities.
2011
21
Oct
