Seven Pearls of Wisdom for the New Managing Partner

A thankless job: Divide, conquer and delegate.

Most CPAs are thrust into the managing partner role with little or no training or coaching. Who teaches you to be an effective managing partner? How do you know if you’re performing well?

Your partners won’t tell you. If you’re new to the job, do you just do it the same way as your predecessor? Is that the best approach for the firm? Who will mentor you?

Gary Adamason, longtime managing partner of Dayton, Ohio-based, BradyWare, has been there, done that, and come back with a few wise words:

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There are not too many places to turn for help. Whether you are new or a veteran, here is an approach to organizing the job with a focus on dividing and conquering and delegating when necessary.