{"id":26566,"date":"2013-02-28t03:19:51","date_gmt":"2013-02-28t08:19:51","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=26566"},"modified":"2016-04-19t11:13:52","modified_gmt":"2016-04-19t15:13:52","slug":"no-partner-vote-needed-17-decisions-best-left-to-the-managing-partner-alone","status":"publish","type":"post","link":"\/\/www.g005e.com\/2013\/02\/28\/no-partner-vote-needed-17-decisions-best-left-to-the-managing-partner-alone\/","title":{"rendered":"no partner vote needed: 17 decisions best left to the managing partner alone"},"content":{"rendered":"<p><strong>a lesson in leadership from the front lines.<\/strong><\/p>\n<figure id=\"attachment_27070\" class=\"thumbnail wp-caption alignright\" style=\"width: 230px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-27070\" title=\"anthony kendall\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/02\/anthony-kendall.jpg\" alt=\"//www.g005e.com/store/wp-json/wp/v2/posts/\" width=\"230\" height=\"226\" \/><figcaption class=\"caption wp-caption-text\">tony kendall<\/figcaption><\/figure>\n<p>by marc rosenberg<em>, cpa<br \/>\nauthor of <a href=\"http:\/\/baystreetgroup.com\/store\/rosenberg-profit\/\" target=\"_blank\">\u201c<span style=\"text-decoration: underline; color: #0000ff;\">cpa firm management and governance<\/span>.\u201d <\/a><\/em><\/p>\n<p style=\"text-align: left;\">tony kendall is the ceo of mitchell &amp; titus, a firm of over 170 professionals, 19 partners and locations in new york city, chicago, philadelphia, newark, baltimore, and washington, d.c.<\/p>\n<p style=\"text-align: left;\">shortly after taking over the reins from the firm\u2019s founder, he orchestrated changes in the firm\u2019s management structure, saying this: \u201ci can\u2019t manage this firm if i have to take a vote every time i want to make a decision.\u201d<\/p>\n<p style=\"padding-left: 30px;\"><em><strong>more on cpa firm leadership and management:\u00a0 <\/strong><a title=\"permanent link to: what a managing partner is\u2026 and is not\" href=\"\/\/www.g005e.com\/2013\/02\/09\/what-a-managing-partner-is-and-is-not\/\">what a managing partner is\u2026 and is not<\/a>\u00a0\u00a0 \u2022<strong>\u00a0 <\/strong><a title=\"permanent link to: when is it time to shift your firm from partnership-style to corporate-style governance?\" href=\"\/\/www.g005e.com\/2013\/01\/31\/when-is-it-time-to-shift-your-firm-from-partnership-style-to-corporate-style-governance\/\">when is it time to shift your firm from partnership-style to corporate-style governance?<\/a>\u00a0 \u2022\u00a0\u00a0<a title=\"permanent link to: de-bunking the myth about niche marketing for tax and accounting firms\" href=\"\/\/www.g005e.com\/2012\/11\/17\/de-bunking-the-myth-about-niche-marketing-for-tax-and-accounting-firms\/\">de-bunking the myth about niche marketing for tax and accounting firms<\/a> \u2022 <a title=\"permanent link to: practice development is no longer optional\" href=\"\/\/www.g005e.com\/2012\/11\/08\/practice-development-is-no-longer-optional\/\">practice development is no longer an optional activity<\/a> \u2022 <a title=\"permanent link to 10 good ways the achieve partner accountability\" href=\"\/\/www.g005e.com\/2012\/11\/01\/10-good-ways-the-achieve-partner-accountability\/\" rel=\"bookmark\">10 good ways the achieve partner accountability<\/a> \u2022 <a title=\"permanent link to pick your partners right to begin with\" href=\"\/\/www.g005e.com\/2012\/10\/18\/pick-your-partners-right-to-begin-with\/\">pick your partners right to begin with\u00a0<\/a><\/em><em>\u2022<\/em><a title=\"permanent link to pick your partners right to begin with\" href=\"\/\/www.g005e.com\/2012\/10\/18\/pick-your-partners-right-to-begin-with\/\">\u00a0<\/a><em><\/em><em><a title=\"permanent link to: not every firm needs a general patton\" href=\"\/\/www.g005e.com\/2013\/01\/28\/not-every-firm-needs-a-general-patton\/\">not every firm needs a general patton<\/a><\/em><em> <\/em><em>\u2022<\/em>  <a title=\"permanent link to: overcoming the three biggest obstacles in succession planning at cpa firms\" href=\"\/\/www.g005e.com\/2013\/01\/09\/overcoming-the-three-biggest-obstacles-in-succession-planning-at-cpa-firms\/\">overcoming the three biggest obstacles in succession planning at cpa firms<\/a> <em>\u2022<\/em> <a title=\"permanent link to: cpa firm merger \u201cnon-negotiables\u201d\" href=\"\/\/www.g005e.com\/2013\/01\/04\/cpa-firm-merger-non-negotiables\/\">cpa firm merger \u201cnon-negotiables\u201d<\/a> \u2022 <a title=\"permanent link to: the \u201caha moment\u201d in cpa firm leadership\" href=\"\/\/www.g005e.com\/2012\/12\/27\/my-aha-moment-in-cpa-firm-leadership\/\">the \u201caha moment\u201d in cpa firm leadership<\/a> \u2022 <a title=\"permanent link to: leadership is overrated: it\u2019s good management that makes successful firms\" href=\"\/\/www.g005e.com\/2012\/12\/18\/leadership-is-overrated-its-good-management-that-makes-successful-firms\/\">leadership is overrated: it\u2019s good management that makes successful firms<\/a> \u2022 <a title=\"permanent link to 40 great ways to improve firm profitability\" href=\"\/\/www.g005e.com\/2012\/12\/08\/40-great-ways-to-improve-firm-profitbility\/\" rel=\"bookmark\">40 great ways to improve firm profitability<\/a> \u2022 <a title=\"permanent link to four management metrics that fool even the best-run firms\" href=\"\/\/www.g005e.com\/2012\/12\/03\/four-management-metrics-that-fool-even-the-best-run-firms\/\" rel=\"bookmark\">four management metrics that fool even the best-run firms<\/a> \u2022 <a title=\"permanent link to 19 ways to improve accounting firm profitability\" href=\"\/\/www.g005e.com\/2012\/11\/24\/19-ways-to-improve-accounting-firm-profitability\/\" rel=\"bookmark\">19 ways to improve accounting firm profitability<\/a>\u2022<\/p>\n<figure id=\"attachment_6260\" class=\"thumbnail wp-caption alignright\" style=\"width: 78px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-6260 \" title=\"marc rosenberg\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/03\/marc_rosenberg.jpg\" alt=\"marc rosenberg\" width=\"78\" height=\"120\" \/><figcaption class=\"caption wp-caption-text\">marc rosenberg<\/figcaption><\/figure>\n<p>all partners usually vote on major decisions, such as:<\/p>\n<ul>\n<li>admitting or dismissing a partner.<\/li>\n<li>mergers and lateral partner hires.<\/li>\n<li>changes to the partnership agreement.<\/li>\n<li>expenditures in excess of a dollar amount.<\/li>\n<li>annual budget approval.<\/li>\n<\/ul>\n<p>beyond that, most well-managed firms with a strong managing partner allow him or her to make at least 17 types of decisions without any approval process: <a href=\"\/\/www.g005e.com\/2013\/02\/28\/no-partner-vote-needed-17-decisions-best-left-to-the-managing-partner-alone\/#more-26566\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'><ul class=\"socialwrap row\"><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2013%2f02%2f28%2fno-partner-vote-needed-17-decisions-best-left-to-the-managing-partner-alone%2f&amp;t=no+partner+vote+needed%3a+17+decisions+best+left+to+the+managing+partner+alone'  ><img  src='//www.g005e.com/store/wp-json/wp/v2/posts/\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='facebook'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-300px 0px'   \/> <span class=\"head\">like this on facebook<\/span><\/a><\/li><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.linkedin.com\/'  href='http:\/\/www.linkedin.com\/sharearticle?mini=true&amp;url=https%3a%2f%2fwww.g005e.com%2f2013%2f02%2f28%2fno-partner-vote-needed-17-decisions-best-left-to-the-managing-partner-alone%2f&amp;title=no+partner+vote+needed%3a+17+decisions+best+left+to+the+managing+partner+alone&amp;summary=a+lesson+in+leadership+from+the+front+lines.%0d%0a%0d%0a%5bcaption+id%3d%22attachment_27070%22+align%3d%22alignright%22+width%3d%22230%22%5d+tony+kendall%5b%2fcaption%5d%0d%0a%0d%0aby+marc+rosenberg%2c+cpa%0d%0aauthor+of+%e2%80%9ccpa+firm+management+and+governance.%e2%80%9d+%0d%0atony+kendall+is+the+ceo+of+mitchell+%26amp%3b+titus%2c+a+firm+of+over+170+professionals%2c+19+partners+and+locati'  ><img  src='//www.g005e.com/store/wp-json/wp/v2/posts/\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  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no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-1625px 0px'   \/> <span class=\"head\">tweet this item<\/span><\/a><\/li><li class=\"icon_text\"><a rel=\"_self\" href=\"mailto:?subject=cpa%20trendlines%20:%20no%20partner%20vote%20needed:%2017%20decisions%20best%20left%20to%20the%20managing%20partner%20alone&amp;body=here's%20something%20worth%20seeing%20from%20\/\/www.g005e.com...\r\n\r\n\r\n\r\n%20%20\/\/www.g005e.com\/2013\/02\/28\/no-partner-vote-needed-17-decisions-best-left-to-the-managing-partner-alone\/\" title=\"email this: no partner vote needed: 17 decisions best left to the managing partner alone \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li><\/ul><div class=\"clean\"><\/div> <\/div>","protected":false},"excerpt":{"rendered":"<p><strong>a lesson in leadership from the front lines.<\/strong><\/p>\n<figure id=\"attachment_27070\" class=\"thumbnail wp-caption alignright\" style=\"width: 230px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-27070\" title=\"anthony kendall\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/02\/anthony-kendall.jpg\" alt=\"//www.g005e.com/store/wp-json/wp/v2/posts/\" width=\"230\" height=\"226\" \/><figcaption class=\"caption wp-caption-text\">tony kendall<\/figcaption><\/figure>\n<p>by marc rosenberg<em>, cpa<br \/>\nauthor of <a href=\"http:\/\/baystreetgroup.com\/store\/rosenberg-profit\/\" target=\"_blank\">\u201c<span style=\"text-decoration: underline; color: #0000ff;\">cpa firm management and governance<\/span>.\u201d <\/a><\/em><\/p>\n<p style=\"text-align: left;\">tony kendall is the ceo of mitchell &amp; titus, a firm of over 170 professionals, 19 partners and locations in new york city, chicago, philadelphia, newark, baltimore, and washington, d.c.<\/p>\n<p style=\"text-align: left;\">shortly after taking over the reins from the firm\u2019s founder, he orchestrated changes in the firm\u2019s management structure, saying this: \u201ci can\u2019t manage this firm if i have to take a vote every time i want to make a decision.\u201d<\/p>\n<p style=\"padding-left: 30px;\"><em><strong>more on cpa firm leadership and management:\u00a0 <\/strong><a title=\"permanent link to: what a managing partner is\u2026 and is not\" href=\"\/\/www.g005e.com\/2013\/02\/09\/what-a-managing-partner-is-and-is-not\/\">what a managing partner is\u2026 and is not<\/a>\u00a0\u00a0 \u2022<strong>\u00a0 <\/strong><a title=\"permanent link to: when is it time to shift your firm from partnership-style to corporate-style governance?\" href=\"\/\/www.g005e.com\/2013\/01\/31\/when-is-it-time-to-shift-your-firm-from-partnership-style-to-corporate-style-governance\/\">when is it time to shift your firm from partnership-style to corporate-style governance?<\/a>\u00a0 \u2022\u00a0\u00a0<a title=\"permanent link to: de-bunking the myth about niche marketing for tax and accounting firms\" href=\"\/\/www.g005e.com\/2012\/11\/17\/de-bunking-the-myth-about-niche-marketing-for-tax-and-accounting-firms\/\">de-bunking the myth about niche marketing for tax and accounting firms<\/a> \u2022 <a title=\"permanent link to: practice development is no longer optional\" href=\"\/\/www.g005e.com\/2012\/11\/08\/practice-development-is-no-longer-optional\/\">practice development is no longer an optional activity<\/a> \u2022 <a title=\"permanent link to 10 good ways the achieve partner accountability\" href=\"\/\/www.g005e.com\/2012\/11\/01\/10-good-ways-the-achieve-partner-accountability\/\" rel=\"bookmark\">10 good ways the achieve partner accountability<\/a> \u2022 <a title=\"permanent link to pick your partners right to begin with\" href=\"\/\/www.g005e.com\/2012\/10\/18\/pick-your-partners-right-to-begin-with\/\">pick your partners right to begin with\u00a0<\/a><\/em><em>\u2022<\/em><a title=\"permanent link to pick your partners right to begin with\" href=\"\/\/www.g005e.com\/2012\/10\/18\/pick-your-partners-right-to-begin-with\/\">\u00a0<\/a><em><\/em><em><a title=\"permanent link to: not every firm needs a general patton\" href=\"\/\/www.g005e.com\/2013\/01\/28\/not-every-firm-needs-a-general-patton\/\">not every firm needs a general patton<\/a><\/em><em> <\/em><em>\u2022<\/em>  <a title=\"permanent link to: overcoming the three biggest obstacles in succession planning at cpa firms\" href=\"\/\/www.g005e.com\/2013\/01\/09\/overcoming-the-three-biggest-obstacles-in-succession-planning-at-cpa-firms\/\">overcoming the three biggest obstacles in succession planning at cpa firms<\/a> <em>\u2022<\/em> <a title=\"permanent link to: cpa firm merger \u201cnon-negotiables\u201d\" href=\"\/\/www.g005e.com\/2013\/01\/04\/cpa-firm-merger-non-negotiables\/\">cpa firm merger \u201cnon-negotiables\u201d<\/a> \u2022 <a title=\"permanent link to: the \u201caha moment\u201d in cpa firm leadership\" href=\"\/\/www.g005e.com\/2012\/12\/27\/my-aha-moment-in-cpa-firm-leadership\/\">the \u201caha moment\u201d in cpa firm leadership<\/a> \u2022 <a title=\"permanent link to: leadership is overrated: it\u2019s good management that makes successful firms\" href=\"\/\/www.g005e.com\/2012\/12\/18\/leadership-is-overrated-its-good-management-that-makes-successful-firms\/\">leadership is overrated: it\u2019s good management that makes successful firms<\/a> \u2022 <a title=\"permanent link to 40 great ways to improve firm profitability\" href=\"\/\/www.g005e.com\/2012\/12\/08\/40-great-ways-to-improve-firm-profitbility\/\" rel=\"bookmark\">40 great ways to improve firm profitability<\/a> \u2022 <a title=\"permanent link to four management metrics that fool even the best-run firms\" href=\"\/\/www.g005e.com\/2012\/12\/03\/four-management-metrics-that-fool-even-the-best-run-firms\/\" rel=\"bookmark\">four management metrics that fool even the best-run firms<\/a> \u2022 <a title=\"permanent link to 19 ways to improve accounting firm profitability\" href=\"\/\/www.g005e.com\/2012\/11\/24\/19-ways-to-improve-accounting-firm-profitability\/\" rel=\"bookmark\">19 ways to improve accounting firm profitability<\/a>\u2022<\/p>\n<figure id=\"attachment_6260\" class=\"thumbnail wp-caption alignright\" style=\"width: 78px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-6260 \" title=\"marc rosenberg\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2010\/03\/marc_rosenberg.jpg\" alt=\"marc rosenberg\" width=\"78\" height=\"120\" \/><figcaption class=\"caption wp-caption-text\">marc rosenberg<\/figcaption><\/figure>\n<p>all partners usually vote on major decisions, such as:<\/p>\n<ul>\n<li>admitting or dismissing a partner.<\/li>\n<li>mergers and lateral partner hires.<\/li>\n<li>changes to the partnership agreement.<\/li>\n<li>expenditures in excess of a dollar amount.<\/li>\n<li>annual budget approval.<\/li>\n<\/ul>\n<p>beyond that, most well-managed firms with a strong managing partner allow him or her to make at least 17 types of decisions without any approval process: <a href=\"\/\/www.g005e.com\/2013\/02\/28\/no-partner-vote-needed-17-decisions-best-left-to-the-managing-partner-alone\/#more-26566\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'>\n<ul class=\"socialwrap row\">\n<li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  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