Chandlerism in post-war Europe: strategic and structural change in France, Germany and the United Kingdom, 1950-1993: a comment

Whittington et al. (Industrial and Corporate Change, 1999, 8,519–550) argue that the conglomerate is a relatively transientphenomenon. However, this comment on their article argues thatexamination of their data suggests that the conglomerate maybe more persistent than is generally believed. It is arguedthat the reason for this may be found in the contribution thisstrategy may make to dealing with technologically turbulentenvironments. The results of Whittington et al. are comparedwith other studies of large firm strategies, and some testableimplications are suggested.