Parenting Styles
(Goold & Campbell)

Knowledge Center

   

The role of the Corporate Centre in Strategy. Explanation of Parenting Styles of Michael Goold and Andrew Campbell.


The Parenting Styles theory of Michael Goold, Andrew Campbell is a framework about the role of the corporate centre in a corporation. It was dealt with in their book, "Strategies and Styles", and several articles. They argue that there are many successful approaches to corporate strategy based upon management styles. Main determinants are the approaches for the planning influence of the centre and the type of control influence exerted by the centre on the businesses within the group. From this they identify 3 generic stereotypes which companies tend to follow. There are other styles but most tend to converge upon one of these three generic styles. Each style is different in its approach, can offer different advantages to the corporation, but has different strengths and weaknesses.


Three Generic Parenting Styles

The three generic parenting styles of Goold and Campbell are:

  1. Financial Control
  2. Strategic Planning
  3. Strategic Control

Parenting Style:

Strategic Philosophy

Role of Corporate Centre

Role of SBU's

Typical # Businesses

Corporate Methods

The detail level of the information in the Corporate Centre

Financial Control Portfolio Financial. The centre aims to provide a better investment performance. Manage strategy against tight financial targets set by centre. Autonomous. Many Diverse Financial (Risk) and Uniform Low
Strategic Control Linkages Centre coordinates and reviews strategy. Sets fairly tight financial & strategic targets. Attempts to create links between businesses to create competitive advantage. Largely develop strategy but coordinated by Centre. Medium Limited Corporate  Scorecard Medium
Strategic Planning Core Competence Centre drives strategy. Around important potential synergies / competences. Strongly coordinating actions and creating linkages between units. They concentrate on implementation and assist with strategy. Low Similar Comprehensive Corporate Scorecard High


Which type of influence/style is best to maximize value creation? The answer is complex but depends and can be determined upon the corporate purpose, history and culture and upon the reconciliation of multiple paradoxes of parenting advantage (control versus empowerment, responsiveness versus synergy, portfolio versus core competence).


Parenting Styles Special Interest Group


Special Interest Group (290 members)


Parenting Styles Forum  

In the forum section you will find recent discussions within this knowledge area.


  The New Deal Parenting Style (0 reactions)
Yves L. Doz and and Mikko Kosonen seem to be in favor of the...
 
 
 
 

Best Practices - Parenting Styles

In the best practices section you will find the best forum discussions within this knowledge area.



Expert Tips - Parenting Styles

In the expert tips section you will find advices from experts within this knowledge area.


 

Checklist of Parenting Possibilities

Parenting Best Practices, Corporate Strategy, Corporate Governance...
 
 
 

What is the Optimal Size for a Corporate Center?

Sizing the Corporate Center...
 
 
 

An important Notice about Parenting Value!

Corporate Strategy, Parenting, Corporate Governance...
 
 
 

How a Corporate Center can impact the Strategies of its SBU's

Corporate Strategy, Business Unit Strategy, Corporate Governance...
 
 
 

How can one Assess the Fit Between a Parent Company and its Businesses?

Corporate Strategy, Parenting, Corporate Governance...
 
 
 

What is the Best Location of a Corporate Center?

Corporate Geographic Strategy, Corporate Governance...
 
 

Resources - Parenting Styles

In the Resources section you will find powerpoint presentations, micro-learning videos, articles, news items, etc. within this knowledge area.


Size, Strucure & Performance

Corporate Headquarters...
 

Strategic and Portfolio Management and Corporate Organization

Diversification, Corporate Strategy, Portfolio Management, Corporate Center...
 
 

News about Parenting Styles


     
 

News about Corporate Center


     
 

Videos about Parenting Styles


     
 

Videos about Corporate Center


     
 

Presentations about Parenting Styles


     
 

Presentations about Corporate Center


     
 

Books about Parenting Styles


     
 

Books about Corporate Center


     
 

More about Parenting Styles


     
 

More about Corporate Center


     

Compare with Parenting Styles: Parenting Advantage  |  Prahalad  |  Levers of Control  |  Growth Phases  |  Centralization and Decentralization  |  Distinctive Capabilities  |  Organizational Configurations  |  3C's  |  Mergers & Acquisitions  |  Organization Chart  |  Horizontal Integration  |  Office of Strategy Management


Return to Management Hub: Change & Organization  |  Communication & Skills  | Leadership  |   Strategy  |  Supply Chain & Quality


More Management Methods, Models and Theory

Special Interest Group Leader

You here? Sign up for free


 


About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2019 12manage - The Executive Fast Track. V15.0 - Last updated: 24-4-2019. All names ™ of their owners.