Clarify Partner Expectations
It makes managing them easier. By Marc Rosenberg The Role of the Managing Partner Over the years, during countless partner interviews, many have told me they aren’t sure of their…
It makes managing them easier. By Marc Rosenberg The Role of the Managing Partner Over the years, during countless partner interviews, many have told me they aren’t sure of their…
It’s a people job. By Marc Rosenberg The Role of the Managing Partner This is a saying I developed about partners that stands as tall today as it did 20…
An unexpected pandemic benefit. By Chris Frederiksen The Rosenberg MAP Survey After distancing (A.D.), senior people want to work at home all the time. Younger staff members want to work…
How your answer affects growth. By Sarah Dobek The Rosenberg MAP Survey The unfolding events of 2020 will continue to be the tailwind of change for the profession. The most…
Want to grow? Make sure your tech stack can keep up. By Terry Putney The Rosenberg MAP Survey We are in a fluid environment as firms adapt and learn more…
You need to invest where you haven’t before. By Gale Crosley The Rosenberg MAP Survey We’re operating now in the super-fast lane. The most significant change is the exposure of…
Firms must continually adapt to new developments even as old issues linger. By Dan Hood, Accounting Today The Rosenberg MAP Survey The successful shift to remote work is probably the…
PLUS: PPP loans helped firms in multiple ways.
By Gary Adamson
The Rosenberg MAP Survey
It looks like 2020 will be a good year for almost all small to midsized firms.
MORE: SURVEY: 2020’s Disruptions Are Only the Beginning | COVID Brought Us More and Better Client Communication
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Revenues will be flat to up with the PPP application and forgiveness revenue helping out, plus most firms will recognize their own PPP loan as additional income. The big question is what will 2021 look like for us and how deep will the economic damage for our clients be when the economy finally opens back up?
16 items that don’t require formal votes. 7 that do. And 25 best practices.
By Marc Rosenberg
The Role of the Managing Partner
There is no better way to start this post than with a quote by Tony Kendall, managing partner of Mitchell & Titus, a large CPA firm with offices in New York, Philadelphia, Chicago and other cities. Tony said:
“I can’t manage this firm if I have to take a vote every time I want to make a decision.”
For managing partners to be effective, they must have the authority and flexibility to make decisions without first getting approval and without subjecting those decisions to the nitpicking and negativity that may occur when management decisions are open for debate and discussion.
MORE: Exceptional Managing Partners Offer Their Advice | Why Management Is the #1 Key to the Firm’s Success | Herding Cats: Advice for Managing Partners
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There are two caveats to this:
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