Wednesday, December 16th, 2020

Who Challenges You?

“I don’t run away from a challenge because I am afraid. Instead, I run towards it because the only way to escape fear is to trample it beneath your foot.” – Nadia Comaneci

You are a leader in your firm. You may be new to the role or perhaps you have been in a position of power for quite a while. Especially, if you are the managing partner, you need a challenging cheerleader.

This person cares enough about you to tell you the truth and not just what you want to hear.

If you are a team leader (head of tax, audit, or operations), you need someone for the same reason. As you move up the leadership ladder it becomes difficult and even awkward for your team members to be brutally honest with you. Find your challenging cheerleader.

In many firms, this person for the managing partner is the firm administrator, practice manager or chief operating officer. They know enough about the firm and the profession to give you valuable feedback. Plus, they will usually have a different approach to some of the problems you face. They will keep you grounded and take the risk of telling you exactly where you may be wrong.

I know many CPA firm CEOs and COOs who have worked this relationship well over many years. The bottom-line is that the firm has benefitted from their collaboration.

Many firms are now welcoming new managing partners. The baby boomers are retiring and passing the torch. If you are a new leader, find that person who will challenge you, be brutally honest and do it because they care about you and the firm.

Good article on this topic here.

  • "The gem cannot be polished without friction, nor man perfected without trials."
  • Chinese Proverb

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