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Article: The Next Managing Partner Is ...
- Article from:
- The Practical Accountant
- Article date:
- November 1, 2000
CopyrightCOPYRIGHT 2000 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Dan Fensin, managing partner of Blackman Kallick Bartelstein in Chicago, gave the four most likely reasons for managing partners to step down, at the Fulcrum Information Services Inc. seminar, The Accounting Firm Leadership Summit.
They are (1) retirement, (2) term limit, (3) bum out, or (4) a new skill set is needed. Other possibilities are death and disability.
Fensin explains how to ensure a smooth transition to new leadership. The first step is evaluate how the firm has been managed and see what is wanted for the future. He points out that some firms have a dominant managing partner, others might have a strong or administrative managing partner ...