Throughout the next few months, we plan to introduce a series of thought-provoking transition case studies designed to foster conversation and critical thinking. We welcome your comments and feedback below! Next Generation Leadership: Whose Decision Is It? Pat and Jody are siblings, age 34 and 33, in their family business. Both have Ivy League MBAs and […]
Originally published in Family Business Magazine How does entitlement present itself? What are its causes and consequences? And how do we cure it? While waiting for our table during a recent dinner with friends, someone in our party encountered a woman in her mid-20s speaking on a cell phone. The young woman, attractively dressed in […]
Father: Rick, I thought this project was going to be completed yesterday. Son: Well, Dad, I tried to, but there were just so many things going on. Father: I understand there are lots of things going on, but you’ve got to get this done. Son: I’m sure I’ll be able to get to it later […]
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. (Click here to view the report) This resonates with some critical issues faced by several family businesses we are currently working with. Here are the key points […]