{"id":57831,"date":"2019-02-11t12:00:51","date_gmt":"2019-02-11t17:00:51","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=57831"},"modified":"2019-02-18t17:45:11","modified_gmt":"2019-02-18t22:45:11","slug":"keep-some-plans-to-yourself","status":"publish","type":"post","link":"\/\/www.g005e.com\/2019\/02\/11\/keep-some-plans-to-yourself\/","title":{"rendered":"when to keep some plans to yourself"},"content":{"rendered":"
<\/a>leave room to be surprised.<\/strong><\/p>\n by ed mendlowitz<\/i> planning is a trait of most accountants, including me. maybe that is one reason we become accountants. i always seemed to write out plans \u2013 for myself, partners, staff and sometimes personal activities.<\/p>\n more:<\/b> the art of the deal: starts with listening<\/a> | fired from my first job<\/a> | staffers need to speak up with clients<\/a> | bored by cpe? you\u2019re missing out!<\/a> | clients buy solutions, not hours<\/a> | roger is my only client<\/a> | blown loan covenants and how to recover from them<\/a> | beyond the numbers: be a friend<\/a> | perception becomes reality<\/a> one time i had a plan for a new staff person who became our tax manager and eventually ran our firm\u2019s tax department.<\/p>\n he was very bright, aggressive and eager, plus i liked him a lot, right from the beginning. he also was the only person ever who wanted his wife to meet with me before he accepted the position. he wanted a career, not a job. i liked that.<\/p>\n we started him at a generous salary and i made note of what i believed would be his salary progression over the next five years. at the end of the first year his raise was right on target with my plan, and i told him that. he then asked me what that plan was and what he could expect over the next few years. i told him that while i had a generous plan for him, i wanted to keep my options open and also needed to consult with my partners so i was not going to tell him what it was.<\/p>\n as it turned out, the later raises he got were substantially greater than my plan. his value far exceeded our expectations, and while he did not become a partner, he along with our firm administrator helped make up our five-person management committee.<\/p>\n if i had told him my planned raises, he would have eventually left. a ceiling on his advancement would have been created, his surpassing our expectations would not have been factored in, and he would have felt shortchanged and dead-ended.<\/p>\n make plans. discuss them with your partners and other involved people. but sometimes, keep them to yourself. use discretion and never put yourself in a position that creates a ceiling for someone you want to reach for the stars.<\/p>\n","protected":false},"excerpt":{"rendered":"
\ncall me before you do anything: the art of accounting<\/i><\/a><\/p>\n
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