Companies in this industry manage the operations of other companies or enterprises and may have an equity stake or controlling interest in the managed firm. Major companies include Berkshire Hathaway and Icahn Enterprises (both based in the US), Israel Corporation, and Canada's Onex.
Demand is driven by business activity and potential returns on investment. The profitability of individual firms depends on efficient operations and the ability to identify targets for investment. Large firms have advantages in access to capital. Small firms can compete by specializing in niche industries or geographies.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major services may include strategic or organizational planning and decision-making, as well as establishing and monitoring corporate governance efforts. However, some companies have minimal involvement in the day-to-day business activities of the company. For example, investment firms typically focus on tasks such as capital allocation and choosing chief executives for operating businesses.