Do your firm’s core values mean anything?
By Marc Rosenberg
The Role of the Managing Partner
We have addressed the techniques managing partners use to manage the partners. One of the most effective tactics to show leadership in working with partners – and managing the firm – is to create ways to establish accountability for their behavior and conduct. In this post, we drill down on this.
MORE: Five Ways to Evaluate Partners | Compensation Is No Way to Manage Partners | Clarify Partner Expectations | Exceptional Managing Partners Offer Their Advice
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I have had the privilege of working with dozens of highly effective managing partners during my career. These leaders are the CPA profession’s equivalent of rock stars. One question I always ask them: What makes your firm so successful? They almost never cite the obvious suspects: Great at bringing in business. Lots of billable hours. High rates. Expertise. Long work hours.
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