Most major companies are not single businesses firms operating in a single location but portfolios of products and business units spanning multiple locations. This course studies corporate strategy in terms of portfolio composition and organization, focusing in particular on vertical integration, horizontal scope, and geographic diversification decisions.
Class time shall be devoted to discussing cases to gain a better understanding of the economic factors underlying value creation and value capture in corporate strategy. In particular, we will explore the role of transaction costs, agency costs, complementarities, and organizational rigidity and adaptation. Students who take this course will develop a sophisticated basis for analyzing corporate strategy decisions both as insiders (corporate managers and management consultants), and as analysts and investors.
Associate Professor of Business
Dan Wang is Associate Professor of Business and (by courtesy) Sociology at Columbia Business School. He teaches the core EMBA and MBA Strategy Formulation course, an elective MBA course on Technology Strategy, and a PhD seminar on Organizational Theory. He received the 2020 Dean’s Award for Excellence in Teaching in the Core and the 2018 Singhvi Prize for Scholarship in the Classroom...