diworsification

plural diworsifications

1. countablehumorousinformaluncountablebusinessThe process by which something is made something worse by diversifying.

   Furthermore, even well-regarded public companies have been known to fritter away their shareholders' funds in ill-timed business expansions or, as Peter Lynch has said, "diworsifications."

   1997, Ralph L. Block, The Essential REIT: A Guide to Profitable Investing in Real Estate Investment Trusts, San Francisco, C.A.: Brunston Press, →ISBN, page 9

   1 more example

   Not only does the process create an organic and self-sustaining kind of teamwork, but it prevents diworsification for companies, which can stay focused on what they do best and what fits their core competencies.

   2008, Paul Orfalea, Lance Helfert, Atticus Lowe, Dean Zatkowsky, The Entrepreneurial Investor: The Art, Science, and Business of Value Investing, Hoboken, N.J.: John Wiley & Sons, Inc., →ISBN, page 68