Convergence within a group: beyond strategic obviousness, keys to successful implementation
“Why work separately when we’re stronger together?” This question often arises in executive committees, especially under increased economic pressure and international competition. The answer seems clear: converge to optimize. Yet, the path from strategic intent to actual implementation is full of pitfalls. Converge—but to achieve what? Convergence between entities within the same group promises not only better economic performance but also improved quality: Rationalization of activities: Redundancies across countries are eliminated, with shared activities and expertise centralized in centers…