Question: Three Dimensional Development Model Application: NOT THREE CIRCLE METHOD 1. Explain the theory/perspective 2. Explain specifically how this model relates to the family business (Jewelry

Three Dimensional Development Model Application: NOT THREE CIRCLE METHOD

1. Explain the theory/perspective 2. Explain specifically how this model relates to the family business (Jewelry Store)

3. Apply aspects of theory to this family business (Jewelry Store)

Three Dimensional Development Model Application:

Nothing so practical as a good theory 19 Ownership Young couple Divorce Decline or renewal? Death Family Business Figure 2.2 A Three-Dimensional Development Model (adapted from Gersick et al., 1997). Retirement Children Cousin consortium Sibling partnership Controlling owner Single Start-up Growing business Mature

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