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Remix Strategy: The Three Laws of Business Combinations (Harvard Business School Press),Used
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Alliances, partnerships, acquisitions, mergers, and joint ventures are no longer exceptions in most businessesthey are part of the core strategy. As companies look to external partners for acquiring even strategic resources and capabilities, they need a practical road map for ensuring these relationships generate value. What combinations of resources do we need? How do we manage them over time? What profits will we earn? Will they justify our investments?Benjamin GomesCasseres shares insight from decades of consulting and academic research on how companies create new value by "remixing" resources with other companies. Organized around three laws, Remix Strategy explains how companies can gain the most from their business combinations:* First Law: The value created by the combination should exceed the total that would be generated by the players acting alone. How much more value can we create together in the market, together? What lies behind this "joint value"?* Second Law: The combination must be designed and managed to realize the joint value in reality. What partners and structures fit this goal best? How do we manage those elements that are the sources of the joint value?* Third Law: Each participant must earn sufficient profits to reward its investment. How do we divide the joint value? How might these shares change over time?Other books explain how to structure deals or how to navigate complexities of organization and culture. This book provides core principles and a practical framework for creating and capturing value, no matter the path chosen.
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- Q: How many pages does the book have? A: The book has three hundred four pages. It provides a comprehensive exploration of business combinations and strategies.
- Q: What is the binding type of this book? A: This book is a hardcover edition. The durable binding is designed for long-term use and easy reading.
- Q: What are the dimensions of the book? A: The book measures six inches in length, one point two inches in width, and nine point three inches in height. These dimensions make it a manageable size for reading and reference.
- Q: Who is the author of 'Remix Strategy'? A: The author is Benjamin Gomes-Casseres. He brings extensive experience from consulting and academic research to the book.
- Q: What is the main theme of this book? A: The main theme is about business combinations such as alliances and mergers. It focuses on how to create and capture value through strategic partnerships.
- Q: Is this book suitable for beginners in business strategy? A: Yes, the book is suitable for beginners. It provides core principles and a practical framework that is accessible to those new to business strategy.
- Q: How can I apply the strategies from this book? A: You can apply the strategies by understanding the three laws of business combinations outlined in the book. They guide how to manage resources effectively.
- Q: What type of reader would benefit most from this book? A: Business professionals and students interested in mergers and acquisitions would benefit most. The insights are practical for real-world applications.
- Q: Are there any specific business sectors this book targets? A: Yes, the book targets sectors involved in partnerships, acquisitions, and joint ventures. It is relevant across various industries.
- Q: What if I have questions about the book after purchase? A: You can reach out to the publisher for support. They typically provide contact information for inquiries related to their publications.
- Q: Is there a return policy for this book? A: Yes, there is usually a return policy. Check with the retailer for specific return guidelines and conditions.
- Q: What if the book arrives damaged? A: If the book arrives damaged, you should contact the seller immediately. Most retailers will offer a replacement or refund.
- Q: Can this book help with understanding the financial aspects of mergers? A: Yes, the book addresses financial considerations in business combinations. It discusses how to evaluate profits and investments.
- Q: Are there any practical examples in the book? A: Yes, the book includes practical examples of successful business combinations. These examples illustrate the application of its principles.
- Q: Does this book cover cultural factors in business combinations? A: Yes, it touches on the complexities of organization and culture. Understanding these factors is essential for successful partnerships.