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Business Quote by Adam Lashinsky

“The reliable way great conglomerates grew over time was by adding new products and buying new companies. IBM moved from mainframe to PCs.” quote by Adam Lashinsky
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“The reliable way great conglomerates grew over time was by adding new products and buying new companies. IBM moved from mainframe to PCs.”

Adam Lashinsky

About This Quote

Source Book: “The Big Score: The Billion Dollar Story of Silicon Valley” by Adam Lashinsky, 2012

Conglomerates expand by diversifying products and acquiring firms, as IBM did moving from mainframes to PCs.

In simple terms: Growth through new products and acquisitions.

Key Takeaway

Diversify and acquire to grow.

Themes

business strategy growth acquisition

Mood

strategic analytical

Type

business strategic

When to use this quote

  • entering new markets
  • product development
  • M&A activity
  • strategic pivots

Key Concepts

Corporate diversification market expansion

Questions to Reflect On

  • How can a company maintain identity while expanding?
  • What risks accompany rapid diversification?
A Different Perspective

Reliance on acquisitions can dilute core competencies.

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