{"id":29989,"date":"2013-07-13t09:47:58","date_gmt":"2013-07-13t13:47:58","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=29989"},"modified":"2024-10-01t09:36:35","modified_gmt":"2024-10-01t13:36:35","slug":"eight-new-metrics-to-measure-managing-partner-performance-and-potential","status":"publish","type":"post","link":"\/\/www.g005e.com\/2013\/07\/13\/eight-new-metrics-to-measure-managing-partner-performance-and-potential\/","title":{"rendered":"eight new metrics to measure managing partner performance and potential"},"content":{"rendered":"<figure id=\"attachment_29259\" class=\"thumbnail wp-caption alignright\" style=\"width: 150px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-29259\" alt=\"aquila\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/august-aquila-headshot-large-copy-150x1501-150x150.jpg\" width=\"150\" height=\"150\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/august-aquila-headshot-large-copy-150x1501.jpg 150w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/august-aquila-headshot-large-copy-150x1501.jpg 100w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/august-aquila-headshot-large-copy-150x1501-145x145.jpg 145w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><figcaption class=\"caption wp-caption-text\">aquila<\/figcaption><\/figure>\n<p style=\"text-align: left;\" align=\"center\"><strong>essential duties currently missing from most job descriptions.<\/strong><\/p>\n<p>most of the usual responsibilities of a managing partner can be captured in two paragraphs:<\/p>\n<ul>\n<li><strong>general responsibilities: <\/strong>report directly to the governing committee and the firm. responsible for the firm\u2019s overall management and practice. supervise overall marketing and business development effort. manage the professional staff and provide guidance for the support staff.<\/li>\n<li><strong>specific responsibilities: <\/strong>coordinate the firm\u2019s practices among the different offices and departments. implement the partnership agreement. appoint heads of various committees. represent the firm in community and professional organizations. supervise governing committee. oversee standing and ad hoc committees. provide guidance on financial policies and work with the governing committee to develop personal and administrative policies.<\/li>\n<\/ul>\n<p>these are, without doubt, all good and necessary functions. but are they the ones managing partners should focus on?<\/p>\n<p>august aquila,\u00a0doesn&#8217;t think so.<\/p>\n<p>his studies, documented in &#8220;<a href=\"http:\/\/baystreetgroup.com\/store\/aquila1\/\">leadership at its strongest<\/a>&#8221; and &#8220;<a href=\"http:\/\/baystreetgroup.com\/store\/engage\/\">how to engage partners in the firm&#8217;s future,&#8221;<\/a> show there are at least eight other areas that can make or break a managing partner and the firm.<\/p>\n<p style=\"text-align: right;\"><em>\u2013 rick telberg<\/em><\/p>\n<p style=\"padding-left: 60px;\"><strong>more for partnerships:<\/strong> <a title=\"permanent link to the six challenges crippling progress in today\u2019s multi-partner firms\" href=\"\/\/www.g005e.com\/2013\/07\/07\/engage-ch1-1\/\">the six challenges crippling progress in today\u2019s multi-partner firms<\/a>\u00a0\u00a0 |\u00a0\u00a0 <a title=\"permanent link to the debilitating effects of denial at accounting firms\" href=\"\/\/www.g005e.com\/2013\/06\/30\/the-debilitating-effects-of-denial\/\">the debilitating effects of denial at accounting firms<\/a> \u00a0\u00a0\u00a0|\u00a0\u00a0 <a title=\"permanent link to the five psychological hurdles that cpa firms must confront today\" href=\"\/\/www.g005e.com\/2013\/06\/21\/the-five-psychological-hurdles-firms-must-confront-today\/\">the five psychological hurdles that cpa firms must confront today<\/a>\u00a0\u00a0 |\u00a0\u00a0 <a title=\"permanent link to the managing partner\u2019s secret weapon in change management\" href=\"\/\/www.g005e.com\/2013\/06\/10\/the-managing-partners-secret-weapon-in-change-management\/\">the managing partner\u2019s secret weapon in change management<\/a> \u00a0\u00a0\u00a0|\u00a0\u00a0 <a title=\"permanent link to the 10 basic ways to boost profits at an accounting firm\" href=\"\/\/www.g005e.com\/2013\/06\/01\/the-10-basic-ways-to-boost-profits-at-an-accounting-firm-2\/\">the 10 basic ways to boost profits at an accounting firm<\/a> \u00a0\u00a0\u00a0|\u00a0\u00a0 <a title=\"permanent link to 12 must-do items for your partner retreat agenda\" href=\"\/\/www.g005e.com\/2013\/05\/21\/12-must-do-items-for-your-partner-retreat-agenda\/\">12 must-do items for your partner retreat agenda<\/a>\u00a0\u00a0 |\u00a0\u00a0 <a title=\"permanent link to seven signs you\u2019re working in a firm where the partners don\u2019t trust each other\" href=\"\/\/www.g005e.com\/2013\/05\/13\/seven-signs-youre-working-in-a-firm-where-the-partners-dont-trust-each-other\/\">seven signs you\u2019re working in a firm where the partners don\u2019t trust each other<\/a>\u00a0\u00a0 |\u00a0\u00a0 <a title=\"permanent link to seven tactics to stand out from the crowd\" href=\"\/\/www.g005e.com\/2013\/05\/03\/seven-tactics-top-cpa-firms-stand-out-from-the-crowd\/\">seven tactics to stand out from the crowd<\/a>\u00a0 \u00a0|\u00a0\u00a0 <a title=\"permanent link to achieving partner unity: the competitive advantage\" href=\"\/\/www.g005e.com\/2013\/04\/27\/achieving-partner-unity\/\">achieving partner unity: the competitive advantage<\/a>\u00a0\u00a0 |<\/p>\n<p style=\"text-align: left;\"><strong>in this report:<\/strong> see how you or your managing partner might compare on a new eight-point questionnaire.<\/p>\n<p> <a href=\"\/\/www.g005e.com\/2013\/07\/13\/eight-new-metrics-to-measure-managing-partner-performance-and-potential\/#more-29989\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<figure id=\"attachment_29259\" class=\"thumbnail wp-caption alignright\" style=\"width: 150px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-29259\" alt=\"aquila\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/august-aquila-headshot-large-copy-150x1501-150x150.jpg\" width=\"150\" height=\"150\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/august-aquila-headshot-large-copy-150x1501.jpg 150w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/august-aquila-headshot-large-copy-150x1501.jpg 100w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/august-aquila-headshot-large-copy-150x1501-145x145.jpg 145w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><figcaption class=\"caption wp-caption-text\">aquila<\/figcaption><\/figure>\n<p style=\"text-align: left;\" align=\"center\"><strong>essential duties currently missing from most job descriptions.<\/strong><\/p>\n<p>most of the usual responsibilities of a managing partner can be captured in two paragraphs:<\/p>\n<ul>\n<li><strong>general responsibilities: <\/strong>report directly to the governing committee and the firm. responsible for the firm\u2019s overall management and practice. supervise overall marketing and business development effort. manage the professional staff and provide guidance for the support staff.<\/li>\n<li><strong>specific responsibilities: <\/strong>coordinate the firm\u2019s practices among the different offices and departments. implement the partnership agreement. appoint heads of various committees. represent the firm in community and professional organizations. supervise governing committee. oversee standing and ad hoc committees. provide guidance on financial policies and work with the governing committee to develop personal and administrative policies.<\/li>\n<\/ul>\n<p>these are, without doubt, all good and necessary functions. but are they the ones managing partners should focus on?<\/p>\n<p>august aquila,\u00a0doesn&#8217;t think so.<\/p>\n<p>his studies, documented in &#8220;<a href=\"http:\/\/baystreetgroup.com\/store\/aquila1\/\">leadership at its strongest<\/a>&#8221; and &#8220;<a href=\"http:\/\/baystreetgroup.com\/store\/engage\/\">how to engage partners in the firm&#8217;s future,&#8221;<\/a> show there are at least eight other areas that can make or break a managing partner and the firm.<\/p>\n<p style=\"text-align: right;\"><em>\u2013 rick telberg<\/em><\/p>\n<p style=\"padding-left: 60px;\"><strong>more for partnerships:<\/strong> <a title=\"permanent link to the six challenges crippling progress in today\u2019s multi-partner firms\" href=\"\/\/www.g005e.com\/2013\/07\/07\/engage-ch1-1\/\">the six challenges crippling progress in today\u2019s multi-partner firms<\/a>\u00a0\u00a0 |\u00a0\u00a0 <a title=\"permanent link to the debilitating effects of denial at accounting firms\" href=\"\/\/www.g005e.com\/2013\/06\/30\/the-debilitating-effects-of-denial\/\">the debilitating effects of denial at accounting firms<\/a> \u00a0\u00a0\u00a0|\u00a0\u00a0 <a title=\"permanent link to the five psychological hurdles that cpa firms must confront today\" href=\"\/\/www.g005e.com\/2013\/06\/21\/the-five-psychological-hurdles-firms-must-confront-today\/\">the five psychological hurdles that cpa firms must confront today<\/a>\u00a0\u00a0 |\u00a0\u00a0 <a title=\"permanent link to the managing partner\u2019s secret weapon in change management\" href=\"\/\/www.g005e.com\/2013\/06\/10\/the-managing-partners-secret-weapon-in-change-management\/\">the managing partner\u2019s secret weapon in change management<\/a> \u00a0\u00a0\u00a0|\u00a0\u00a0 <a title=\"permanent link to the 10 basic ways to boost profits at an accounting firm\" href=\"\/\/www.g005e.com\/2013\/06\/01\/the-10-basic-ways-to-boost-profits-at-an-accounting-firm-2\/\">the 10 basic ways to boost profits at an accounting firm<\/a> \u00a0\u00a0\u00a0|\u00a0\u00a0 <a title=\"permanent link to 12 must-do items for your partner retreat agenda\" href=\"\/\/www.g005e.com\/2013\/05\/21\/12-must-do-items-for-your-partner-retreat-agenda\/\">12 must-do items for your partner retreat agenda<\/a>\u00a0\u00a0 |\u00a0\u00a0 <a title=\"permanent link to seven signs you\u2019re working in a firm where the partners don\u2019t trust each other\" href=\"\/\/www.g005e.com\/2013\/05\/13\/seven-signs-youre-working-in-a-firm-where-the-partners-dont-trust-each-other\/\">seven signs you\u2019re working in a firm where the partners don\u2019t trust each other<\/a>\u00a0\u00a0 |\u00a0\u00a0 <a title=\"permanent link to seven tactics to stand out from the crowd\" href=\"\/\/www.g005e.com\/2013\/05\/03\/seven-tactics-top-cpa-firms-stand-out-from-the-crowd\/\">seven tactics to stand out from the crowd<\/a>\u00a0 \u00a0|\u00a0\u00a0 <a title=\"permanent link to achieving partner unity: the competitive advantage\" href=\"\/\/www.g005e.com\/2013\/04\/27\/achieving-partner-unity\/\">achieving partner unity: the competitive advantage<\/a>\u00a0\u00a0 |<\/p>\n<p style=\"text-align: left;\"><strong>in this report:<\/strong> see how you or your managing partner might compare on a new eight-point questionnaire.<\/p>\n<p> <a href=\"\/\/www.g005e.com\/2013\/07\/13\/eight-new-metrics-to-measure-managing-partner-performance-and-potential\/#more-29989\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[2259,5,3120,2266],"tags":[575,1052,1124],"class_list":["post-29989","post","type-post","status-publish","format-standard","hentry","category-leadership","category-outlook","category-pro-member-exclusive","category-partner","tag-leadership","tag-partners","tag-partnership","membership-content","access-restricted"],"acf":[],"yoast_head":"<!-- this site is optimized with the yoast seo 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