Ineffective Management Is Hazardous to Your Firm's Health

Red warning sign9 warning signs, plus 4 things a managing partner should NOT be.

By Domenick J. Esposito
8 Steps to Great

Hard to believe but every year there are a number of small and midsized CPA firms that either “die on the vine,” break up or merge up as “damaged goods” if a well-run firm is willing to take them on.

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Why is it that so many firms continue to spiral into a slow death? It’s because they are aware of the danger signals but little, if anything, is done about them or because they are not paying attention to the warning signs including the following:

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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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