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Author(s)

John L. Ward

Craig Aronoff

Observes that many family firms are trapped by past success. Fears about making changes; Resulting stagnation; Importance of strategic renewal; Why family firms are particularly vulnerable to stagnation; Advice from experts on how to implement change.
Date Published: 1992
Citations: Ward, John L., Craig Aronoff. 1992. Don't Be Trapped by Past Success. Nation. (3)52-53.