Chairman of the Waterfield Group since 1999, J. Randall Waterfield directs the operations of a diverse range of subsidiary firms, including Action Labor and Waterfield Technologies. The latter company recently acquired PDT Communications, which supports contact center solutions. J. Randall (Randy) Waterfield’s company serves as one example of the diversified financial holdings firms that continue to strengthen the American business ecosystem.
Any type of corporate or product diversification represents a strategic decision on the part of management to expand reach and revenue by entering a new market. The related diversification in the Waterfield Group’s plan - in which a company enters a similar market while sharing branding, technical support, and other basic business resources among the entities in its portfolio - offers the potential to achieve superior performance while minimizing overhead.
Another example of related diversification is Google’s focus on the acquisition of additional technology manufacturing companies, which gives the company the ability to build out its central business.
Any type of corporate or product diversification represents a strategic decision on the part of management to expand reach and revenue by entering a new market. The related diversification in the Waterfield Group’s plan - in which a company enters a similar market while sharing branding, technical support, and other basic business resources among the entities in its portfolio - offers the potential to achieve superior performance while minimizing overhead.
Another example of related diversification is Google’s focus on the acquisition of additional technology manufacturing companies, which gives the company the ability to build out its central business.