Wednesday, July 24th, 2019

Leadership Wisdom

“Too many managers spend too much time focused on the wrong things.” – Dave Christiansen

As a partner or a managing partner in a CPA firm, do you cultivate your leadership wisdom? Do you realize that you are watched closely and that everything you do sets an example?

So many accounting firms are desperately struggling with succession, the constant chant being, “There’s no one who can replace me!” Whose fault is that?

Bruce Tulgan, in a recent LinkedIn post, featured Dave Christiansen, President and CEO of Mid-Kansas Coop (MKC). Christiansen spends the majority of his time clearly communicating expectations and vision to, establishing a culture for, and developing future leaders from roughly 400 full-time employees.

Aging CPAs have found themselves in need of future leaders but have spent minimal time focused on developing leadership skills in others (or even in themselves). Most CPA partners have spent considerable time developing CPAs possessing amazing technical skills.

Christiansen has great tips on hiring and developing today’s top talent:

  • Remember that you will end up with the staff you deserve
  • Staff for the company you want
  • Paint a picture for top talent
  • Most formal “coaching” or “mentoring” programs are ineffective
  • If you want to retain people, find out what they value
  • Invest in your people until it hurts
  • Have a structured approach to high-potential identification
  • Don’t hire people you have to motivate
  • The emerging young workforce will put more pressure on managers

Read more about each of these tips here. This is a great article to share with your partners and other management leaders.

  • "If you’ve spent your time wisely defining what you’re looking for in an individual, recruited well and created a picture in the new employees’ mind as to how they fit into your organization, what their role is, and how they’ll make a difference, you’ve won 80% of the battle."
  • Dave Christansen

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