Thursday, July 11th, 2019

The Importance of the Firm Administrator

The majority of people in the accounting profession operate at Levels I and II. – Gary Boomer

There is a good article by Gary Boomer via Accounting Today – Leadership, Management, and Administration: What’s the difference”

Here are some tidbits:

Boomer refers to Jim Collins’ five levels of leadership from his book “Good to Great.” He defines the levels as:

  • Level I: Capable individual
  • Level II: Contributing team member
  • Level III: Competent manager
  • Level IV: Effective leader
  • Level V: Executive

Administrative personnel are often expected to have all the skills, especially in smaller firms that have a part-time managing partner or CEO. This is a monumental task, and often people are set up to fail in the role of firm administrator. People in these positions require professional development, peer networks, and management resources to succeed. The biggest risk is they are viewed by many accountants, including some partners, as overhead, rather than as a strategic asset.

It’s a great article – Read the entire article here.

  • "People leave firms because of bad managers, not because of the firm. "
  • Gary Boomer

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