Management Styles: Partnership vs. Corporate

"That's okay I don't know what the chart means either."BONUS CHECKLIST: 25 best practices for managing partners.

By Marc Rosenberg
CPA Firm Retreats

In firm management and governance, we find two distinct management styles: partnership vs. corporate.

Partnership style. Democracy heavily impacts the way partnerships are governed. In a democracy, every partner has a vote and there is a “majority rules” mentality. A system of checks and balances prevents leaders from becoming dictators. The “citizens” want a reasonable amount of input into decisions.

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In a partnership style, partners have “certain inalienable rights” like:

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Marc Rosenberg

Marc Rosenberg at cpatrendlines.com

About the Author

Marc Rosenberg, CPA, is a nationally known consultant, author and speaker on CPA firm management, strategy, and partner issues.

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His CPA Trendlines publications include:

President of his own Chicago-based consulting firm, The Rosenberg Associates, he is founder of the most authoritative annual survey of mid-sized CPA firm performance statistics in the country, The Rosenberg Survey. He has consulted with hundreds of firms throughout his 20+ year consulting career. Accounting Today has acknowledged Marc Rosenberg as one of Top 100 Most Influential People in the CPA profession for the past 11 consecutive years and INSIDE Public Accounting has repeatedly recognized him as one of the Ten Most Recommended CPA Firm Consultants.

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