mine vs. yours vs. ours

businessman tightly holding briefcase with dollar sign on it15 ways to take an entrepreneurial approach instead.

by domenick j. esposito
8 steps to great

it is a very prevalent view that midsized law firms are not particularly well led and well managed.

more on strategic planning: pitching vs. pursuing | focus on an enhanced client experience | new year’s resolution: solve the partner comp problem | 6 rocks in the path to growth | use compensation to shape partner behavior | the importance of m&a culture due diligence | are you attracting the new breed of equity partners?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

many of their partners operate as silos and refer to clients as “my clients” and my book of business.” sure, they share space and other overheads but they do not institutionalize clients for the long-term benefit of the firm.
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expect and embrace failure anytime you do new work

coats hanging on wall hooksinstructions given are not magically understood.

by bill reeb

the learning process is often frustrating. so why is it so difficult to learn new things?

more: be realistic regarding expectations | stop wishing your life away | don’t let inertia determine your direction | what does ‘getting stuck’ or ‘being stuck’ mean? | 3 ways to get ‘unstuck’
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

one answer is that we don’t have “hooks” for what we don’t know (neither the mental acuity nor the physical skills). an example of this is found anytime businesses train their employees.
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solve the partner comp problem

dial with arrow pointing to word "strategy"now is the time to take a hard look at your partners and your compensation model.

by domenick j. esposito
8 steps to great

let’s take a deep dive into both a firm’s partner mix and its compensation model.

more on strategic planning: 21 questions to help unlock accelerated growth | growth: the difference between the disruptor and the disrupted? | use compensation to shape partner behavior | the importance of m&a culture due diligence | are you attracting the new breed of equity partners?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

in a “good to great” research study on high-performing organizations performed by jim collins, it was concluded that the method of compensation, as a causal factor for high and sustained performance, is largely irrelevant. the study concluded that whatever system is in use, it simply must be rational and equitably managed and that high sustained performance is largely the result of doing many things well.
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