April 2010 Best Practices Tips
Every month we select some of the best ideas for practice improvement from the accounting literature. Here are the selections for April 2010. For the archive, click here.
| BEST PRACTICE | LINK TO ARTICLE RESOURCE IN CPA LEADERSHIP REPORT | DATE OF ARTICLE |
| Management/People/Culture | ||
| Leaders' Behavior:
Effective leaders use a combination of transformational, transactional, and servant behaviors tailored to particular situations or people. |
How Should a Leader Behave? | April 2010 |
| Teaching Managers to Manage:
The number one cause of employee dissatisfaction: It is the quality of the first-line supervisor. |
Are You Teaching Your Managers How to Manage? | April 2010 |
| Break the Mold:
Modeling a firm on the strengths of a technology company, e.g.: flexible telework policies, Web and cloud based solutions, aggressive social media participation, dedication to change based on client criticism. |
How a Successful Start-Up Invents New Ways of Doing Business | April 2010 |
| Tips for dealing with problem partners: Face-to-face confrontation/reduce influence. |
Dealing With Problem Partners | April 2010 |
| Partner Compensation: Base compensation may be tied to gross revenue and, generally, should not be more than 60 to 70 percent of total compensation. |
Principles of Partner Compensation | April 2010 |
| Succession Planning | ||
| Avoid an Upstream Merger: Dig in to a specialty and become the acknowledged go-to person for all technical questions. |
Is Your Firm on the Verge of Merging? | April 2010 |