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Time Warner, under Mr. Bewkes, who became chief in 2007, has become a stripped-down conglomerate focused on producing content rather than delivering it.
"We have consciously kept away from businesses where we would have needed lots of permissions," said Ajay Piramal, who heads a Mumbai-based conglomerate focused on pharmaceuticals.
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With the fashion conglomerates focused on global branding, guests are commanded to tuck in their legs and handbags so that photographers can get tidy shots of the clothes.
Previous studies have shown that Achilles tendon ossifications exhibit a variety of histological findings, including endochondral and intramembranous ossification, lamellar bone, and conglomerate foci of calcification [ 24].
But to the surprise of many, George Weston, a little-known Canadian conglomerate that focuses more on running supermarkets than supplying them, walked off with the prize, outbidding Sara Lee by as much $200 million.
Although on a peripheral level, Witte and Mannon (2010) discuss how internet conglomerate Yahoo! focuses on sharing targeted contents that are aligned with the interests and needs of a privileged group of Internet users.
The new managers made a tour of their institutional shareholders, and got the same message: "We want you to be a focused conglomerate".
Amidi traces the partnership initiatives back to 2011, when Plug And Play began working with Volkswagen to introduce the German conglomerate to startups focused on auto-related technologies.
When you think about what Google, the 32,000-employee search engine conglomerate, is strategically focused on these days, here's one thing that doesn't come to mind: an initiative to get more Kenyan businesses online via manually grabbing data from a local startup that's trying to do something complementary.
Conglomerates must focus on a few areas where they can achieve global scale.
But decision makers at broadcast conglomerates are too focused on chasing profits to see the potential for hard-hitting journalism in the communities they're supposed to serve.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com