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Our monthly review of the most important management and leadership articles in the accounting press.
Vol. 3 No. 2, February 2011
The Leadership Forum is a panel of the most prominent thought leaders in the profession. Each month we ask them to respond to a question dealing with CPA firm management and leadership.
This month's question is: What do you see in store for firms in 2011? Will fees and partner compensation be down, flat or up? What do you see as a top priority a firm should do to increase fees in 2011?
For the archive of Leadership Forum Reports, click here.
Consultants and Other Prominent Observers
| Larry Bildstein | The Whetstone Group | [email protected] |
| ... The improving economic outlook is beginning to stimulate business activities that require the assistance of CPAs ... More | ||
| Steve Erickson | National Consultant to CPA Firms | www.SteveEricksonLLC.com [email protected] |
| ... Organic growth will be challenged and as a result firms will look to grow through mergers and acquisitions which will lead to significant growth for a few firms ... More | ||
| Angie Grissom | The Rainmaker Consulting Group | www.therainmakeracademy.com [email protected] |
| ... The top priority for firms in 2011 is to bear hug your clients (as always) and look for ways to add value to clients ... More | ||
| Bob Lewis | Visionary Marketing | www.thinkvisionary.com [email protected] |
| Fees are "in motion" which has been and will continue to put partner compensation in jeopardy ... More | ||
| Marc Rosenberg | The Rosenberg Associates | www.rosenbergassoc.com [email protected] |
| ... though modest improvements are being seen, a return to healthy growth rates and profit increases is nowhere in sight ... More | ||
| Richard Rinehart | Grant Partners, LLC | [email protected] |
| ... The other camp suggests that we will see new failures of governments in Europe and around the world with enormous pressure to manage the deficit here in the US ... More | ||
| Cornell Rudov | CPASNet | www.cpasnet.com [email protected] |
| Both fees and hours will increase in 2011 with a large move in transactional work comprising the "growth" for most firms ... More | ||
| Joel Sinkin | Accounting Transition Advisors | www.transitionadvisors.com [email protected] |
| ... things are a little brighter in 2011. I think though the top priority of firms is and should always be adding talent ... More | ||
| Rick Telberg | CPA Trendlines | www.cpatrendlines.com [email protected] |
| ... asking about how to increase fees is the wrong question because focusing on raw fee growth in this environment is shortsighted and misguided ... More | ||
| Douglas H. Thompson, Jr. | CPAmerica International | [email protected] |
| ... Now is time to focus on making sure you have the right people on the bus in the right seats ... More | ||
| Jennifer Wilson | ConvergenceCoaching LLC | www.convergencecoaching.com [email protected] |
| ... Refining or revising the firm's vision and strategy and gaining buy-in at all levels is crucial to driving firm growth ... More | ||
Firm Leaders
| Paul | Hemming Morse, Inc., CPAs | |
| Fees and partner compensation will be up. A top priority will be to position the firm to be ready for more work. | ||