diversification away from

USAGE SUMMARY

The phrase "diversification away from" is grammatically correct and can be used in written English.
It is often used in financial or business contexts to describe the act of expanding or spreading out one's investments or resources in order to minimize risk. Here is an example: "The company's recent strategy has been focused on diversification away from traditional markets and into emerging industries, in order to protect against potential economic downturns."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

44 human-written examples

It was the price of "diversification away from an oil-dependent economy", I'd tell myself.

The Guardian

The acquisition will provide Amlin with a strong European presence and diversification away from catastrophe reinsurance.

The Guardian - Business

It's seeking diversification away from their core business and preservation of capital".

The New York Times

The government has launched plans to cut red tape and to promote diversification away from mining.

The Economist

For resource-starved China, overland supply of Russian metals and oil is an important diversification away from seaborne shipments.

The New York Times

Using relatively cheap capital, companies in dire need of diversification away from wounded businesses like print are going shopping.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

16 human-written examples

He also got picky about Household's diversifications away from its core business of making low-rent loans.

Forbes

With the euro looking less appetising as a diversification play away from the dollar, gold's appeal has naturally grown.

The Guardian - Opinion

Bahrain's financial center is one of the oldest in the region, established in the early 1980s as part of an economic diversification plan away from oil dependency.

The New York Times

The diversification efforts away from an oil-dependent economy, moving citizens into private-sector employment, and welcoming foreign investment, also known as the "prince's project," is at stake.

The Washington Post

Furthermore, wildlife tourism is seen as a viable diversification option away from the predominantly diamond mining-dependent economy.

Pastoralism

Expert writing Tips

Best practice

Use "diversification away from" to clearly indicate a strategic shift from a primary area of focus to mitigate risk or explore new opportunities. Ensure the context specifies the original area and the new direction.

Common error

Avoid using "diversification away from" without specifying what is being diversified from. This can lead to ambiguity. Always clarify the original focus or dependence to provide a clear understanding of the strategic shift.

Linguistic Context

The phrase "diversification away from" functions as a prepositional phrase indicating a strategic shift or movement. It typically modifies a noun or verb, specifying the origin from which something is diversifying. Ludwig AI confirms its grammatical correctness and frequent use.

Expression frequency: Very common

Frequent in

News & Media

35%

Science

25%

Formal & Business

20%

Less common in

Academia

10%

Wiki

5%

Reference

5%

Ludwig's WRAP-UP

In summary, "diversification away from" is a grammatically correct and frequently used prepositional phrase that signifies a strategic shift from a specific focus. According to Ludwig, it is most commonly used in news, scientific, and business contexts. When using the phrase, ensure you clearly specify the area from which diversification is occurring to avoid ambiguity. Alternatives include "shifting away from" and "moving away from". Avoid overgeneralization and prioritize clarity in your writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

shifting away from

Focuses on the act of changing direction or emphasis.

moving away from

Emphasizes a physical or metaphorical departure.

expanding beyond

Highlights the act of growing or extending past existing boundaries.

reducing reliance on

Focuses on lessening dependence on something.

de-emphasizing

Highlights the act of lessening the importance of something.

transitioning from

Emphasizes a change from one state or condition to another.

evolving from

Suggests a gradual development or change.

reorienting towards

Focuses on changing the direction or focus of something.

departing from

Emphasizes a clear break or divergence.

redirecting efforts

Highlights a shift in energy or resources.

FAQs

How can I use "diversification away from" in a sentence?

You can use "diversification away from" to describe a strategic shift, such as "The company is pursuing "diversification away from" its core market to reduce risk".

What are some alternatives to "diversification away from"?

Alternatives include "shifting away from", "moving away from", or "expanding beyond" depending on the context.

When is it appropriate to use "diversification away from"?

It's appropriate when describing a deliberate strategy to reduce reliance on a specific area, product, or market by exploring new opportunities or investments.

What's the difference between "diversification away from" and "/s/diversification"?

"Diversification" refers to the general act of spreading investments or resources, while ""diversification away from"" specifies a shift from a particular focus or dependence.