September 2013 Leadership Forum

September 2013 Leadership Forum

Vol. 5 No. 9, September 2013

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 top three (or more) responsibilities of the managing partner, in order of importance?

 


Consultants and Other Prominent Observers

August Aquila  Aquila Global Advisor Group, LLC www.aquilaadvisors.com   
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...Our research over the last two years identified 4 areas of responsibilities. First thing they do is to set direction - they provide a compelling direction and strategy, focus people's attention... More

L. Gary Boomer  Boomer Consulting, Inc. www.boomer.com 
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...Direct and coordinate the firm's planning processes including strategic, HR, IT, marketing, sales and succession planning... More

William Carlino  Transition Advisors www.transitionadvisors.com
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I would say in order of importance and feel free to juxtapose any one of them - firm governance, growth and reputation both within the profession and to their clients.

Marc Rosenberg The Rosenberg Associates www.rosenbergassoc.com   
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...2. Herding cats. The most difficult challenge for a MP is managing a group of smart, self-confident, incredibly successful partners who think that, because they are "partners," they have the right to do whatever they darn well please... More

Bryan Shelton, M.S. The Rainmaker Companies www.therainmakercompanies.com
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The most important responsibility of a Managing Partner is to develop and communicate a mission and vision for the firm. The mission and vision can be driving forces inside accounting firms... More

Joel Sinkin Transition Advisors, LLC www.transitionadvisors.com
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1) Protecting the firm: this entails everything under the sun... More

Rick Telberg CPA Trendlines www.cpatrendlines.com  
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The best managing partners I know act mainly as chairmen of the board. Some would say they should act like CEOs. Most agree they should shift COO duties (and CFO, CMO, CTO, etc.) to others... More

Lisa Tierney TIERNEY Coaching & Consulting www.TIERNEYCoaching-Consulting.com 
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...The third is to motivate - lead and inspire... More

Jennifer Wilson ConvergenceCoaching LLC www.convergencecoaching.com
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Defining the firm's vision with input from key leaders, ensuring an engaging culture and driving growth.