Competitiveness through Corporate Restructuring

Svante Schriber is Professor of Business Administration at Stockholm Business School, Sweden. He received his PhD from the Stockholm School of Economics after a career in consulting. His research centers on strategic management, especially how firms can develop capabilities to handle dynamic environments, and how to successfully pursue non-organic growth. His main research focus has been on merger and acquisition target evaluation and integration. David R. King is the Higdon Professor of Management at Florida State University, where he teaches undergraduate and graduate business strategy. He earned his PhD in Strategy and Entrepreneurship from Indiana University's Kelley School of Business. His research focuses on complementary resources and mergers and acquisitions (M&A) integration and performance. Florian Bauer is Professor of Strategy at the University of Bristol Business School, UK. His research focuses on sustainable corporate development and particularly on non-organic approaches, such as mergers and acquisitions (M&A), for transformation. He is an engaged scholar and is regularly involved in acquisition projects for large- and medium-sized businesses. Furthermore, he is a board member of the German M&A Association and a co-founder of MADiscover, a company focused on digitalizing target screening.

“Competitiveness through Corporate Restructuring takes a refreshingly comprehensive and dynamic view on corporate strategy. The in-depth coverage of the myriad ways that firms can renew their competitiveness through resource deployment is particularly impressive. Corporate restructuring is the way of life in modern business, making the book a must-read for current or aspiring corporate executives."Bruce T. Lamont, Jim Moran Eminent Scholar of Business Administration, Florida State University, USA“This book offers a fresh, comprehensive perspective on corporate restructuring. By linking specific restructuring strategies to the overarching goal of fostering enduring competitiveness, it serves as a clear and practical guide for navigating change in today's dynamic global landscape. It is an insightful and highly recommended read for students and practitioners alike.”Markus Kreutzer, Professor of Strategic and International Management, EBS Business School, EBS University, Germany“This book offers a comprehensive and insightful analysis of corporate restructuring, bringing together diverse perspectives from strategy, finance, and organizational studies. By systematically examining the range of restructuring possibilities and integrating them within an interdisciplinary approach, it provides readers with a nuanced understanding of how firms navigate complex transformations.”Katy Mason, Professor, PVC Dean Salford Business School and President of the British Academy of Management, UK“This book unpacks the strategic dimension of corporate restructuring. It is comprehensive in scope, analytically rigorous, and engaging in style. It is a must-read for anybody involved or interested in the practice and process of corporate restructuring.”Martin Friesl, Professor of Strategy & Organization Studies, Otto-Friedrich-University Bamberg, Germany“Corporate restructuring is a salient feature of contemporary industrial landscapes. Its successful execution is key for corporations to improve firms’ competitiveness in dynamic markets. This book provides future corporate managers with a much sought-after guide to restructuring measures. It contains accessible and to-the-point theory illustrations and offers a new capabilities-based perspective on corporate restructuring, exemplified with a wide range of pertinent cases involving firms from across the globe.”Fredrik Tell, Professor and Chair of Business Studies, Department of Business Studies, Uppsala University, Sweden“This book provides a timely, in-depth, and comprehensive overview of different corporate restructuring measures that are traditionally analyzed in isolation, concretizing how their combination helps firms to address competitive pressures while also creating value for engaged actors. Schriber, King, and Bauer distill their experience in research and practice and provide an insightful tool for managing competition and growth.”Olimpia Meglio, Associate Professor of Management, University of Naples Federico II, Italy“This book provides a comprehensive and contemporary overview of corporate restructuring and strategy. The emphasis on strategic flexibility and the book's sensitivity to the shifts in the international business environment make the book both rigorous and relevant. Several novel topics such as multi-relational strategy and serendipitous synergy bring insights beyond the existing knowledge in the field. Overall, the book is a useful and unique guide to corporate restructuring.”Peter Zámborský, PhD, Senior Lecturer in International Business and Strategy, University of Auckland Business School, New Zealand“In today’s VUCA world—where once-successful businesses quickly mature and new ventures continuously emerge—the authors deliver a penetrating analysis of corporate strategy through the lens of corporate restructuring. Their distinctive approach, enriched with numerous contemporary examples, allows both business students and managers to grasp the essence of corporate strategy—namely, resource allocation—while clarifying the critical challenges they must confront.”Katsuhiko Shimizu, Konosuke Matsushita Professor of Organizational Theory and Strategic Management, Graduate School of Business Administration, Keio University, Japan

• 1. Competitiveness through corporate restructuring 2. The role of the corporate headquarters 3. Research and development 4. Capital investment 5. Non-equity alliances 6. Equity alliances 7. Joint Ventures 8. The pre-acquisition phase 9. M&A completion 10. The M&A integration phase 11. Business groups 12. Divestment 13. Bringing it all together