THE CORPORATE STRATEGY HOURGLASS

PART I INTRODUCTION TO CORPORATE STRATEGY
Chapter 1 Corporate strategy and value creation
Chapter 2 Corporate strategy models and synergies
PART II UNDERSTANDING THE CORPORATE STRATEGY
Chapter 3 The corporate strategy hourglass 
Chapter 4 Megatrends
Chapter 5 Corporate governance 
Chapter 6 Corporate orientation toward capital market
Chapter 7 Stakeholder orientation 
Chapter 8 Corporate identity 
Chapter 9 Corporate resources and capabilities 
Chapter 10 Core business and corporate scope
Chapter 11 Business portfolio: horizontal scope 
Chapter 12 Business portfolio: vertical scope 
Chapter 13 Business portfolio: geographical scope 
Chapter 14 Organizational structure and central units
Chapter 15 Corporate integrated performance
PART III CORPORATE GROWTH
Chapter 16 Modes of corporate growth
Chapter 17 Managing mergers and acquisitions
Chapter 18 Managing alliances, partnerships, and joint ventures
Chapter 19 Managing internal development 
Chapter 20 Financial valuation for corporate growth 
Chapter 21 Turnaround and divesting

The book is an innovative tool for evaluating and innovating the strategy of multi-business companies that can be used by both managers and students at various levels. In the first part, a new model of analysis of multi-business companies is presented, the Hourglass of Corporate Strategy, and adopts a concept of value that goes beyond the creation of profit for shareholders by introducing a multi-stakeholder approach. The second part is dedicated to refining the ability to analyze and critically evaluate corporate strategy, reviewing each variable of the hourglass. Finally, the third part provides a review of the growth strategies of a multi-business company while also addressing the main problems encountered during implementation. In particular, attention is paid to the evolution of the business portfolio with a view to generating value for all stakeholders.

Matteo Pedrini is full professor of Business Sustainability and Corporate Strategy at the Università Cattolica del Sacro Cuore. 
Marco Minciullo is Assistant Professor of Business and Corporate Strategy at Università Cattolica del Sacro Cuore (Milan). 
Mario Molteni is Full Professor of Business Administration and Corporate Strategy at the Università Cattolica del Sacro Cuore (UCSC).