By August J. Aquila
What Makes a Great Partnership
Several years ago there was an interesting article in Fortune magazine. It dealt with the topic of why CEOs fail.
MORE ON GREAT PARTNERSHIPS: What Managing Partners Should Be Doing | The Toughest Job in the World: Managing an Accounting Practice | How to Become the Firm of Choice | Five Factors for Measuring a Partner’s Value | Why Accountability Counts | Communication Goes Both Ways | Why Shared Values Are Important | Why ‘Walking Together’ Is So Important | 6 Ways to Pay Partners | How to Build a Better Firm Through Teamwork | 8 Questions to Analyze Your Pricing | 24 Points for AFTER the Deal Is Done | 5 Questions for Every MP to Answer Honestly
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For example, “Chainsaw Al” Dunlap was let go by Sunbeam after two years of years of dismal performance and questionable conduct. What do CPA firm managing partners have to learn from corporate America?