If they don’t want to, why keep them?
By August J. Aquila
What Makes a Great Partnership
Do you ever wonder why your best plan is never implemented? Why some of your partners sabotage what you are trying to do in the firm?
MORE: The Seven Building Blocks of a Great Partnership
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Over the years I have seen firms develop great strategic, operational and compensation plans and then nothing ever happens. The plans are not implemented for a myriad of reasons. One managing partner told me he had too many other issues to address, another was waiting for the management team to give its final blessing and still another just blamed everyone else in the firm rather than looking at himself in a mirror. And, another managing partner even told me the firm could not afford to make the changes!
If you are planning to tackle an issue in the firm and make a change, the first thing you need to do is clarify what the real problem is. Next, describe your overall approach by creating a roadmap. Then you need to gather facts and work together with other partners in the firm. Finally, develop your recommendations and identify the next steps.
“Firms are better at planning than executing.” – August Aquila
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