Strategic choices & advantage · Core
Diversification
Also called: diversify
ELI5
Moving into new kinds of business.
Used in conversation
“The diversification case needs capabilities, not just a large market.”
Definition
Expansion into new products, markets or businesses beyond the current core.
Here “Diversification” means: Expansion into new products, markets or businesses beyond the current core.
Pitch context
You will see “Diversification” in strategy decks, market analyses, business plans and planning workshops when the discussion reaches strategic choices & advantage.
Why it matters: It helps a reader interpret strategic choices & advantage without confusing the measure, decision, role or evidence being discussed.
Sources & evidence · 5
Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.
- Strategyzer — Business Model Canvas resourcesSupporting source family · practitioner · checked 2026-08-16
- Strategyzer — Value Proposition Canvas resourcesSupporting source family · practitioner · checked 2026-08-16
- LEANSTACK — Lean CanvasSupporting source family · practitioner · checked 2026-08-16
- U.S. Department of Justice Antitrust Division — Herfindahl-Hirschman IndexSupporting source family · primary · checked 2026-08-16
- U.S. Census Bureau — Business and economy dataSupporting source family · primary · checked 2026-08-16