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Management article
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Reference no. SMR3435
Published by: MIT Sloan School of Management
Published in: "MIT Sloan Management Review", 1993
Length: 16 pages

Abstract

Vertical integration is a risky strategy - complex, expensive, and hard to reverse. Yet some companies jump into it without an adequate analysis of the risks. The authors have developed a framework to help managers decide when it''s useful to vertically integrate and when it''s not. They examine four common reasons to integrate and warn managers against a number of other, spurious reasons. Their primary advice: don''t vertically integrate unless it is absolutely necessary to create or protect value.

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Abstract

Vertical integration is a risky strategy - complex, expensive, and hard to reverse. Yet some companies jump into it without an adequate analysis of the risks. The authors have developed a framework to help managers decide when it''s useful to vertically integrate and when it''s not. They examine four common reasons to integrate and warn managers against a number of other, spurious reasons. Their primary advice: don''t vertically integrate unless it is absolutely necessary to create or protect value.

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