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Andrew Campbell, Sven Kunisch, and Günter Müller-Stewens » Visit Original Source

Badly judged centralization can stifle initiative, constrain the ability to tailor products and services locally, and burden business divisions with high costs and poor service. Insufficient centralization can deny business units the economies of scale or coordinated strategies needed to win global customers or outperform rivals. … [ Read more ]

Source: McKinsey Quarterly | Subjects: Management, Strategy