Abstract
From a business perspective, the major task at the Sibling Partnership stage is the revitalization of the business’s strategy. The business has gone through the founding or acquisition era, it has achieved success, it has matured, and by Stage II, after 20 to 35 years under one CEO, it has probably stagnated. But there’s a secure foundation and, with the right strategy, the Stage II leaders can re-energize the company.
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© 2004 John L. Ward
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Ward, J.L. (2004). Stage II: The Sibling Partnership. In: Perpetuating the Family Business. A Family Business Publication. Palgrave Macmillan, London. https://doi.org/10.1057/9780230505995_5
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DOI: https://doi.org/10.1057/9780230505995_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-51698-8
Online ISBN: 978-0-230-50599-5
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