also: are you one firm or a bunch of solos under one roof?
by marc rosenberg
the rosenberg practice management library
“you get what you measure.” – peter drucker
in the context of this post, the terms “partnership style” and “corporate style” are used to describe a management style. these terms have nothing to do with the firm’s form of legal entity such as partnership, corporation, llc, etc.
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partnership vs. corporate style
in our work with cpa firms, we have observed two distinct styles of management: partnership and corporate.
partnership style. democracy heavily impacts the way partnerships are governed. in a democracy, every partner has a vote and there is a “majority rules” mentality. checks and balances prevent leaders from becoming dictators. the “citizens” want a reasonable amount of input into decisions. the partners sometimes feel collegiality is more important than management discipline.
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