Good management gets them there.
By Marc Rosenberg
The Rosenberg Practice Management Library
If partners of firms across the country were asked what the key was to the success of legendary Fortune 500 companies such as General Electric, Coca-Cola, IBM and countless others, I’m sure that the words “strong management” and “strong leadership” would dominate their responses. Yet, ask those same partners to evaluate their own firms’ management, and if they are honest, their responses would not be very flattering.
MORE: Five Ways to Separate Accounting Winners from Losers | Two Factors Determine Firm Profitability | Five Keys in Compensating New Managing Partners | What Partners Do and Don’t Deserve | Five Steps to Transition to Partnership
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Of all of the techniques for improving CPA firm profitability, none is more effective than strong management and leadership. Yet, nothing is more elusive. Why is this?
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