Harvard Business Review November 6, 2025
Vijay Govindarajan, Venkat Venkatraman, Bill Achtmeyer

Today’s digital giants are changing the definition of a diversified portfolio. As industrial giants like GE and Honeywell—once models of diversified portfolios—split up, consider how companies like Amazon, Apple, and Alphabet operate across many unrelated sectors, like e-commerce, cloud computing, entertainment, financial services, smart homes, logistics, and healthcare. As...

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