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The Role of the Corporate Centre |
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Parenting Styles |
Summary of the Parenting Styles Model by Goold and Campbell. Abstract |
Michael Goold, Andrew Campbell |
The Parenting Styles theory (PS) of Michael Goold, Andrew Campbell is a framework about the role of the corporate centre in a corporation. It was addressed in their book, "Strategies and Styles", and several articles. They argue that there are many successful approaches to corporate strategy based upon management styles. Main determinants are the approaches taken to planning influence of the centre and the type of control influence exerted by the centre on the businesses within the group. From this they identify 3 generic stereotypes which companies tend to follow. There are other styles but most tend to converge upon one of these three generic styles. Each style is different in its approach, can offer different advantages to the corporation, but has different strengths and weaknesses. The three generic PS of Goold and Campbell are:
1. Financial Control
T I P : Here you can discuss and learn a lot more about the role of the corporate centre in a corporation. Compare with Parenting Styles: Parenting Advantage | Prahalad | Levers of Control | Greiner | Kay | Mintzberg | 3C's | M&A |
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