Planning for Growth: Life Stage Differences in Family Firms
从代际视角出发，探讨战略规划和继任规划对私有家族企业增长的影响，发现这两种规划的效果因管理企业的代际而异：对第一代企业最有利，对第二代企业作用不大，而对第三代及以后企业，继任规划重新有益，但战略规划反而与增长负相关。
Applying insights from the generational perspective, this study explores when strategic planning and succession planning are most conducive to privately held family firm growth. The results show that the degree to which strategic planning and succession planning are associated with family firm growth depends on the generation managing the firm. Both forms of planning are most conducive to the growth of first–generation firms; however, neither form of planning confers much growth for second–generation firms. For third–and–beyond–generation firms, the benefits of succession planning appear to reemerge. However, strategic planning is negatively associated with their level of growth.