Posts Tagged ‘CPA’
Hands-Off Leadership Development Heralded by CPA Firm Leaders
You’re busy. Everyone is. You also need a pipeline of future leaders to continue to run the profitable accounting firm you’ve created and provide you, hopefully, with a generous internal buyout. You’ve been hearing that you need to actively develop your team to be successful, but who has time for that? After all, you learned how to be a consummate professional the hard way. Why not pass that experience on to the next generation?
Read MoreNew App Aims to Keep Partners Accountable
If you’re like most CPA firms, you’ve had your fair share of partner accountability challenges. Luckily, industry experts, notable partners and developers have finally come together to lead change in this area with a new tool: the Partner Accountability App.
Here are some of the common issues this groundbreaking technology addresses:
Read MoreRosenberg & Rampe Reveal Magic Formula for Partner Compensation
Partner compensation is a challenge for many accounting firm leadership teams. The desire to balance rewarding performance, book of business, billable hours, and plain old seniority leads to conflict. Feelings of confusion arise when partners who are total jerks continue to out-earn their peers who have 20% higher realization and manage staff as if they’d been personally mentored by Adam Grant.
I’ve been fortunate enough to work closely with Marc Rosenberg for the past several years on partner compensation projects. Combining our…
Read MoreBringing Your Team Together During a Crisis
When things get stressful, communication is critical. Checking in on your team’s wellbeing can be a crucial part of growing together. Kristen Rampe joined the Ohio Society of CPA’s State of Business podcast to discuss ways accounting teams can come together during a crisis and what that can mean in the virtual workplace.
Read MoreHow to Take the Sting Out of Failure – and Dramatically Improve Team Performance
What is the secret of a high performing team in accounting? Is it bringing together CPAs who have deep technical expertise? Do you need a wide diversity of personalities or strengths? Or maybe just having a strong leader who controls the group carefully with a skilled hand?
Over two years, Google conducted a massive study on team performance to answer the question – what creates high performing teams?
Read MoreHow to Create Change When Change is Hard – An Accounting Allegory
Meet John, a hard-working new partner at a mid-sized accounting firm on the west coast. We join John as he sits down for his first annual review as a partner. His managing partner, Gus, makes the feedback clear, “John, the bottom line is you have to delegate more so you can spend that time on business development and hit your new targets. We’re all counting on you.”
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