And 11 steps to take in response.
By August J. Aquila
What Makes a Great Partnership
Over the years I have been called in to firms to help address an underperforming partner. I have learned that underperforming can mean a lot of different things and the underperformer can have many different problems.
MORE: Nine Ways to Handle Partners with Strong Views | Nine Standards for Partner Compensation | Five Ways to Keep Your Edge as a Leader | Why Partners Need Written Goals | Eight Criteria for Partnership
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I have also learned that many managing partners waste a lot time and energy either trying to “fix” the underperformer or just ignoring the 5-ton elephant in the room.
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