Table of Contents....

1. Introduction 1

2. Concept 3

3. Competition 6

4. Flow of Money 8

5. Differences from an Arm's-Length Business 11

6. Implications for Business Processes 14

7. Implications for Governance 20

8. Autonomous Business Units Versus Corporate Synergies 30

9. Benefits 34

10. Implementation 37

11. Leadership 42