There is plenty of strategic advice available to executives who want to grow their companies. They can squeeze more out of their existing internal resources and build organically.
Or they can borrow resources from outside to supplement skills and knowledge from partners on a short-term basis. Alternatively, they can simply buy companies that provide expertise which they don’t currently have.
But how do you decide what is the best route?
Until now, there has been no definitive guide on how to select the most appropriate “pathways to growth” for a company to gain a competitive advantage. INSEAD Strategy Prof. Laurence Capron, along with co-author Will Mitchell (Duke & Toronto University have written Build, Borrow or Buy (Harvard Business Review Press, 2012), based on more than 15 years of research into how some companies succeed in developing powerful new b...