Developing Your Firm's Future Leaders

Source: Accounting Today

In this article, Rebecca Ryan discusses the importance of preparing the future leadership of your firm. According to Ryan, employees who have leadership capability should be targeted and mentored — a tactic that maximizes the skills of capable employees and ensures that these same individuals will be prepared to step into a leadership role within the firm when the need arises.

Ryan says that successful leadership development requires targeting talented individuals who are dedicated to the firm and willing to take on the responsibilities of high-level leaders. It also requires interaction with partners. Rising leaders respond to the direct input of partners. Rising leaders also need to be given the chance to prove themselves, and should receive proper acknowledgement for what they accomplish.

For the complete article, read “Focus on Your Instrument Panel.”

From Accounting Today, September 27, 2010, SourceMedia Inc., One State Street Plaza, 27th Floor, New York, NY 10004, 800-221-1809.