Big business is evolving. Since the mid 20th century, the traditional conglomerate model ruled as the standard for global enterprise. It was understood that the pinnacle of corporate operations were massive global conglomerates. As time passed, the Internet was born. This started to change the way conglomerates worked. As Internet conglomerates emerged, the traditional model started to evolve. Conglomerates were making software, hardware, and handling their own marketing. The operations became smoother and more efficient, but the profit distribution remained top-heavy. Even today, one of the biggest problems facing traditional and internet conglomerates is the top-heavy distribution of profits. The formal structure of a conglomerate necessitates a parent company, and subsidiary companies. This means that the subsidiaries may have their own brand, but they operate for the larger goal of the parent company.
https://www.linkedin.com/pulse/decentralized-conglomerate-ronny-boesing?trk=mp-author-card
