No Partner Candidates? Whose Fault Is That?

Magnifying glass over pin in a haystack8 competencies to develop.

By Domenick J. Esposito
8 Steps to Great

As I travel across the country working with small and midsized CPA firms, one of the most common concerns expressed by managing partners and other senior partners at these firms is, “We don’t have a sufficient number of partner candidates who can help perpetuate the firm into the next generation.”

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When I ask the question, “What are you doing to develop the next generation?” I usually hear a lot of lip service and superficial things that, in most cases, don’t add up to a hill of beans.

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Domenick J. Esposito



About the Author

Domenick J. Esposito is the former CEO of Grant Thornton, vice-chair of BDO, national growth director at CohnReznick.

He is the author of "8 Steps to Great: The Eight Essential Strategies Driving Success at the World's Largest CPA Firms. And How to Apply the Lessons at Firms of All Sizes," published by CPA Trendlines.

His consulting firm, EspositoCEO2CEO specializes in helping managing partners and other senior partners in small and mid-sized firms evolve their firm from good to a mid-market sustainable brand. Esposito CEO2CEO, actively led by Esposito, draws upon a diverse and expansive pool of consultants with a wide range of expertise who are introduced into assignments when called upon.

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