David Karofsky

David Karofsky

Ed.M., MBA

MA, US
David Karofsky is President/CEO of Transition Consulting Group. He has over 25 years of experience coaching and consulting to individuals, families and companies.


David Karofsky has over 25 years of experience coaching and consulting to individuals, families and companies to develop better cross team communication and build alignment among the senior management team. His client work is focused on executing the transition of ownership and leadership, professional development, conflict resolution, strategic planning and forming governance structures for family and closely-held businesses.


Prior to partnering with his father at Transition Consulting Group, David was Vice-President of Marketing for a software start-up where he helped launch the company and raise over $10 Million in funding. Prior to that, David spent 8 years at EMC Corporation holding various corporate roles including managing operations for worldwide marketing.


His interest in family business consulting was launched with his course work in family business dynamics at the Cambridge Center for Creative Enterprise. David's work helping corporate executives develop superior listening and communication skills was honed by his professional training in executive team building, strategic decision making, effective communication, managing people, matrix management, and performance enhancement.
David is a graduate of Bowdoin College and received his Ed.M. in Counseling Psychology from Boston University and his MBA from Northeastern University where he was awarded a full academic scholarship while working as a teaching assistant for undergraduate business courses.


The recipient of multiple achievement awards, David has been a guest speaker internationally and is a mentor to current and former MBA students at Northeastern University's Graduate School of Business and serves on the Marketing Career Track Advisory Board. He is a founding member and former chair of the Boston chapter of the Young Presidents' Organization's Young Adult Forum, member of the Family Firm Institute where he holds certificates in Family Wealth and Family Business Advising, former member of the Board of Directors of the Mazie Mentoring Program and a former member of the Executive Board of Directors for the Men's Associates at Hebrew SeniorLife. David is co-author, with his father and partner, Paul, of So You're in the Family Business: A Guide to Sustainability.


Married for 20 years, David and his wife, Jennifer, and their 2 children reside in Framingham, Massachusetts.


David can be reached at David@FamBizConsulting.com or 508-875-7751.


David Karofsky has over 25 years of experience coaching and consulting to individuals, families and companies to develop better cross team communication and build alignment among the senior management team. His client work is focused on executing the transition of ownership and leadership, professional development, conflict resolution, strategic planning and forming governance structures for family and closely-held businesses.


Prior to partnering with his father at Transition Consulting Group, David was Vice-President of Marketing for a software start-up where he helped launch the company and raise over $10 Million in funding. Prior to that, David spent 8 years at EMC Corporation holding various corporate roles including managing operations for worldwide marketing.


His interest in family business consulting was launched with his course work in family business dynamics at the Cambridge Center for Creative Enterprise. David's work helping corporate executives develop superior listening and communication skills was honed by his professional training in executive team building, strategic decision making, effective communication, managing people, matrix management, and performance enhancement.
David is a graduate of Bowdoin College and received his Ed.M. in Counseling Psychology from Boston University and his MBA from Northeastern University where he was awarded a full academic scholarship while working as a teaching assistant for undergraduate business courses.


The recipient of multiple achievement awards, David has been a guest speaker internationally and is a mentor to current and former MBA students at Northeastern University's Graduate School of Business and serves on the Marketing Career Track Advisory Board. He is a founding member and former chair of the Boston chapter of the Young Presidents' Organization's Young Adult Forum, member of the Family Firm Institute where he holds certificates in Family Wealth and Family Business Advising, former member of the Board of Directors of the Mazie Mentoring Program and a former member of the Executive Board of Directors for the Men's Associates at Hebrew SeniorLife. David is co-author, with his father and partner, Paul, of So You're in the Family Business: A Guide to Sustainability.


Married for 20 years, David and his wife, Jennifer, and their 2 children reside in Framingham, Massachusetts.


David can be reached at David@FamBizConsulting.com or 508-875-7751.

Managing Conflict


Everyone Fights! Managing Conflict

This highly interactive presentation explores the different types of conflict that family and closely-held businesses face, their causes, and best practices for effective solutions.

Discussions Include:

  • Letting go and taking hold
  • Entry and exit criteria
  • The epidemic of entitlement
  • Communication styles
  • Governance structures

Educational / InformativeTechnical / Specific

Succession Planning Strategies

Cat's In The Cradle: Succession Planning Strategies

Succession planning is critical to all family businesses. This presentation delves into the challenges and solutions of succession planning as it relates to owning and running family and closely-held businesses.

Topics Include:
  • Roles and responsibilities
  • Decision making criteria
  • Managing expectations
  • Transition of leadership
  • "Letting Go" & "Taking Hold"
Educational / InformativeTechnical / Specific

Family Enterprise Sustainability

Next Stop... The Future An Intergenerational Workshop

With only 1/3 of family businesses successfully transition through the second generation, this workshop provides principals & potential successors in business together with a concrete Action Plan to build a sustainable family enterprise.

Workshop Takeaways:
  • Effective communication skills
  • Understanding of the needs of the family
  • Understanding of the needs of the business
  • An...
Educational / InformativeTechnical / Specific

Family Business Challenges

Hot Themes in Family Enterprise Topics for Sustainability

The majority of family enterprises are at the most challenging juncture in their existence as they face the transition to a new generation. A better understanding of differing generational perspectives and those of other key stakeholders enables principals and their advisors to turn these challenges into opportunities.

Discussion Topics Include:
  • Generational Differences
  • More reliance on key non-family...
Educational / InformativeTechnical / Specific