Continuous Development to Longevity

Maximilian Lantelme, Laura K. C. Seibold and Hermut Kormann
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Maximilian Lantelme: Zeppelin University
Laura K. C. Seibold: Zeppelin University
Hermut Kormann: Zeppelin University

Chapter Chapter 4 in German Family Enterprises, 2021, pp 45-90 from Springer

Abstract: Abstract In this chapter, we analyze the characteristics of continuous development. This is a kind of a baseline for development—as opposed to high growth (Chap. 6) or downfall (Chap. 7). A permanent continuous development leads to longevity. We propose a theoretical concept that longevity is not based on superior performance in certain success factors—as it is stated in various concepts on strategy. Rather, we see longevity as a consequence of meeting certain minimum prerequisites to a satisfactory degree.

Keywords: Longevity; Success Factors; Family business governance (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-69759-4_4

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DOI: 10.1007/978-3-030-69759-4_4

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