Succession

When Too Much Is Not Enough

I recently counseled a father (let’s call him Mike) who had built a successful small business over a period of several years. He hired his unemployed son, (let’s call him Jerry) because of the strained economy and made him a manager. Recently Mike decided to retire. Sometime after retiring, Mike discovered that the business was […]
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Having It All Isn’t Just a Women’s Initiative

Having It All Isn’t Just a Women’s Initiative I have the privilege of speaking at women’s conferences and working with firms whose leadership teams are committed to further the opportunities for women in the profession. Being a woman, I appreciate the ideas, programs and empathy for women professionals as we balance fulfilling on both personal […]
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Let’s Stop Paying Lip Service to People Development

Yesterday, I had three conversations with leaders of firms in completely different geographies and of a variety of sizes  about slightly different yet completely related topics:  a lack of traction in a mentoring program, an inability to get engagement reviews completed by both staff and managers and concerns that a partner group didn’t have enough […]
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Leadership Spotlight: Alan Hawrylak, CPA, Managing Partner, Hartman Leito & Bolt

Leadership Spotlight: Alan Hawrylak, CPA, Managing Partner, Hartman Leito & Bolt In this month’s Leadership Spotlight, we would like to introduce you to Alan Hawrylak.  Alan has been a friend of ConvergenceCoaching for many years, and in that time we have had the opportunity to witness him step into the role of Managing Partner and […]
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In With the New (Not Out With the Old)

In With the New (Not Out With the Old) There’s something eerie about the sound of wind high in the trees, shaking the last crackling leaves to the ground, mingled with the remaining bird calls, cricket chirps, and wind chimes of summer.  I am struck with the dichotomy of this relationship: the departure of one […]
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Reluctant Leadership?

Reluctant Leadership? Partners often tell me that one of their number one succession concerns is wondering who will ascend to partner.  The perception is that “there is no one interested in becoming a partner these days.”  Yet, when I talk to managers and senior managers (and even staff!), they are interested, but they don’t really […]
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Lead, Follow, Or…

In my last blog, People Development: More Important Than Business Development, I referred to the importance of having a formal “path” for aspiring partners to follow as they seek admission to the partnership.  Based on considerable observation of the firms we help to achieve success, it is clear that many have not outlined this path to partner. […]
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What’s Keeping You Up at Night?

The AICPA’s Private Companies Practice Section (PCPS) group has again conducted a survey in which they asked their members to reveal their most significant struggles.  The PCPS “Top Issues” lists are published based on firm size – from sole practitioners to 21 or more professionals.  There were differences in the results based on firm size, […]
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There Is No Success Without Succession

We all know of companies, organizations and teams – big and small, famous and not so famous – who enjoyed success for a while but could not make it last. In his book, Built to Last, Jim Collins studied companies that prospered over the long term like Ford, Hewlett-Packard, Johnson & Johnson, Marriott, Merck, Motorola, […]
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