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strategy and business

How subsidiaries can emerge as “centers of excellence”

Nov 19, 2019 2 Minuten
BY MATT PALMQUIST

ver the past several years, corporate subsidiaries have gone from performing necessary but relatively low-value functions for multinational firms to serving as proving grounds for vital drivers of knowledge, innovation, and value creation. Some subsidiaries are now dubbed centers of excellence (CoEs) by their parent company, meaning

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