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Record W3124720193 · doi:10.4337/9781847204394.00033

Lost in Time: Intergenerational Succession, Change and Failure in Family Business

2006· book-chapter· en· W3124720193 on OpenAlexaff
Danny Miller, Lloyd Steier, Isabelle Le Breton‐Miller

Bibliographic record

VenueEdward Elgar Publishing eBooks · 2006
Typebook-chapter
Languageen
FieldBusiness, Management and Accounting
TopicFamily Business Performance and Succession
Canadian institutionsUniversity of AlbertaHEC Montréal
Fundersnot available
KeywordsSuccessor cardinalBankruptcyEcological successionDismissalFamily businessHistoryBusinessPolitical economyPolitical scienceSociologyMarketingLaw

Abstract

fetched live from OpenAlex

Previous research has shown there is a high failure rate (70%) for successions in family owned businesses. Other researchers have suggested that the reasons why such successions fail are: unclear succession plans, incompetent or unprepared successors, and family rivalries. In this paper, poorly performing or failed family enterprises were tracked for several years to determine what happened. Sixteen intergenerational successions, which were followed by poor performance ending either in successor dismissal or bankruptcy, were studied. Findings indicated that intergenerational successions were often hampered by an inappropriate relationship between the past and the future. Specific problems identified include: excessive attachment to the past by an overly dependent and conservative successor, a rejection of the past by a rebellious one, or an incongruous blending of past and present by an unsure and wavering new leader. The fact that these patterns occur with such regularity suggests that they be studied further as syndromes that must be combated by a great many family owned businesses. (SFL)

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow), Scholarly communication
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: Not applicable
GenreCandidate signal: Other · Consensus signal: Other
Teacher disagreement score0.366
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0020.000
Science and technology studies0.0000.000
Scholarly communication0.0030.006
Open science0.0010.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.024
GPT teacher head0.204
Teacher spread0.181 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designNot applicable
Domainnot available
GenreOther

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations17
Published2006
Admission routes1
Has abstractyes

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