Paul Karofsky is founder/CEO of Transition Consulting Group, Ltd. He was third generation CEO of his family's business and is executive director emeritus of Northeastern University's Center for Family Business and a long time consultant to business families. The recipient of multiple awards and honours, Paul holds a certificate in Family Business Advising from the Family Firm Institute with fellow status. Paul can be reached at email@example.com | 561.626.1110 | www.fortcg.com
David Karofsky is president of Transition Consulting Group, Ltd. He has over 15 years of experience coaching executives and working with companies across the globe to excel, grow and outperform their competition. The recipient of multiple achievement awards, he received his AB from Bowdoin College, an Ed M from Boston University in Counselling Psychology and a MBA from Northeastern University. David can be reached at firstname.lastname@example.org | 508.875.7751 | www.fortcg.com
In general, we discourage families from leaving their homes to multiple children as it can often lead to family conflict, but following some simple rules can lessen potential problems, write Paul and David Karofsky.
A recent report by KPMG in Australia explores the education and progression of next generation family members and their approach to changing business strategy, write David and Paul Karofsky
Family business researchers, educators and advisors have long been touting the need to extend the role of governance to non-family members, write father-and-son team Paul and David Karofsky
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