Vol. 7 No. 6, June 2015
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 the biggest causes of partner conflicts at firms these days?
Consultants and Other Prominent Observers
| August Aquila | AQUILA Global Advisors, LLC | www.aquilaadvisors.com [email protected] |
| The biggest causes are lack of direction by the firm's leadership and lack of performance management. Partners are great at comparing themselves to others in the firm and... More | ||
| William Carlino | Transition Advisors | www.transitionadvisors.com [email protected] |
| A lot depends on the ages of the partners - younger partners tend to be more aggressive regarding strategies such as going paperless, expanding into new practice lines, or... More | ||
| Rita Keller | Keller Advisors, LLC | www.ritakeller.com [email protected] |
| ...The most common, in my observation, is the disconnect between partners that are more progressive minded and the ones that are perfectly happy with status quo. Radical change is needed in so many firms and... More | ||
| Terrence Putney | Transition Advisors LLC | www.transitionadvisors.com [email protected] |
| A common issue causing partner conflicts these days is succession planning. Partners in many firms have procrastinated addressing the problem leading some to wonder... More | ||
| Rich Rinehart | Grant Partners, LLC | www.grantptrs.com [email protected] |
| ...The adage "rising tides floats all boats" is certainly true in CPA firms. If as partners, we allow our egos to take over and dig in to support our own interests we will certainly lose the respect of our partners and most likely the thing that we are fighting so hard to defend... More | ||
| Marc Rosenberg | The Rosenberg Associates | www.rosenbergassoc.com [email protected] |
| ...What should our strategy be: merge into a bigger firm with more resources or stay independent? Bitter arguments on this one... More | ||
| Joe Tarasco | Accountants Advisory Group | www.accountantsadvisory.com [email protected] |
| ...Most small firms underestimate the need for good leadership now and in the future... More | ||
| Jennifer Wilson | ConvergenceCoaching, LLC | www.convergencecoaching.com [email protected] |
| The two biggest causes of partner conflict are generational conflicts -- the older generation resisting change and investment; the younger striving for change, more control and a bigger piece of the pie... More | ||
Firm Leaders
| Ed Fahey | RINA | |
| Scheduling of upper level tax staff. Escalating health insurance premiums. | ||