Vol. 6 No. 7, July 2014

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's stopping managing partners from being real leaders in their firms?


 


Consultants and Other Prominent Observers

August Aquila  AQUILA Global Advisors, LLC www.aquilaadvisors.com
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...Perhaps managing partners are finding it difficult to be real leaders because they do not have a clearly defined position description. In other words, they don't know what the firm wants or needs the managing partner to achieve... More

William Carlino  Transition Advisors www.transitionadvisors.com
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For many they are stuck in a time warp - a generation ago, the managing partners were expected not only to service their own clients but also head up business development and related duties for the firm - leaving little time for such essential strategies as mentoring, training, recruiting... More

Rita Keller Keller Advisors, LLC www.ritakeller.com   
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...Often managing partners are not educated in management. They have learned from their predecessors or from experience. I urge MPs to invest in their own success - enroll in a high-level management/leadership program... More

Rich Rinehart  Grant Partners, LLC [email protected]
It has been said that leaders derive their power from "the consent of the governed"... More

Marc Rosenberg The Rosenberg Associates www.rosenbergassoc.com   
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...The other partners are reluctant to compensate the MP at a high level for managing the firm. Foolishly, they expect the MP to maintain most if not all of his/her large book of business in addition to spending 500-1000 hours a year managing the firm. This results in the MP failing to make the firm his/her #1 client... More

Cornell Rudov CPAsNET.com www.cpasnet.com   
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Their inability to hold their partners accountable. To many MP's want to be liked rather than lead which requires thinking about the firm first.

Jennifer Wilson ConvergenceCoaching LLC www.convergencecoaching.com
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...Unwillingness of partners to submit to being managed by the MP or led by someone other than themselves... More