January 2012 Leadership Forum
Vol. 4 No. 1, January 2012
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 are firms doing to make partners more accountable? How does a firm create a culture of accountability?
Consultants and Other Prominent Observers
| August Aquila | Aquila Global Advisor Group, LLC | www.aquilaadvisors.com [email protected] |
| Accountability is now the number one issue facing large firms according to the most recent PCPS Survey. The main reason, I believe, accountability has risen to the top of the list is ...More | ||
| Rita Keller | Keller Advisors, LLC | www.ritakeller.com [email protected] |
| ... There are two words that can help you create a culture of accountability - pay attention. Simple as that, most people ...More | ||
| Bob Lewis | Visionary Marketing | www.thinkvisionary.com [email protected] |
| Setting new client sales goals seems to be becoming more of a focal point in firms and ...More | ||
| Rich Rinehart | Grant Partners, LLC | http://enterprisenetworkworldwide.com [email protected] |
| Great firms create accountability through great relationships. Accountability is both an individual partner's inner state of being as well as ...More | ||
| Marc Rosenberg | The Rosenberg Associates | www.rosenbergassoc.com [email protected] |
| I would like to start by sharing my definition of accountability: "If there are no consequences to failing to achieve a goal, then it is less likely that the goal will be accomplished." ...More | ||
| Joel Sinkin | Transition Advisors | www.transitionadvisors.com [email protected] |
| ... Firms that are high performing, though, use performance management of their partners as a means to achieve the strategic objectives of the firm and ...More | ||
| Douglas H. Thompson, Jr. | CPA Choice, LLC | www.cpamerica.org [email protected] |
| Have partners set goals...two to four a year. Tie compensation to achievement of those goals. | ||
| Lisa Tierney | TIERNEY Coaching & Consulting | www.TIERNEYCoaching-Consulting.com [email protected] |
| ... you can only hold yourself accountable. I have found that the trick to creating a culture of accountability begins with the empowerment of the leaders ...More | ||
| Sandra Wiley | Boomer Consulting, Inc. | www.boomer.com [email protected] |
| Partner accountability is obtained when all partners make a commitment to excellence. Excellence comes from ...More | ||
| Jennifer Wilson | ConvergenceCoaching LLC | www.convergencecoaching.com [email protected] |
| ... Two important behavioral elements to partner accountability are a willingness to discuss below-expectation performance and a willingness to ...More | ||
Firm Leaders
| Richard A. Berkowitz | Berkowitz DickPolllack & Brant CPAs and Consultants | |
| Accountability at it's core is "Do what you say". In a partnership circle, where each of the partners faces outward with his or her back to the other partners, making promises that cannot be kept is a lie. Recognizing this and the consequences that flow from that recognition are big steps a partnership group can take to elevating their partnership to a new level. | ||
| Paul Regan | Hemming Morse, CPAs | |
| We budget and track: Charged hours, revenue sourced, revenue supervised, how non-chargeable hours are used, marketing activities. | ||