Monday, July 06, 2009

Growth is about new market opportunities

See acquisition as a growth platform

Indian firms tend to prefer organic growth when it comes to the Indian market, but have looked to acquisitions to enter international markets, observes Bala Chakravarthy, Shell Chair Professor of Sustainable Business Growth, IMD, Switzerland ( http://www.imd.ch/), and author Profit or growth? Why you don’t have to choose (Wharton). He cautions, however, that international acquisitions are expensive and can bring some nasty surprises.

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