talent & career development

frank longobardi: cohnreznick’s battle for top talent

by

frank longobardi 2016
longobardi

newly named ceo launches bevy of programs to nurture skills at all levels.

by 卡塔尔世界杯常规比赛时间 staff

for frank longobardi, chief executive officer of cohnreznick, staffing is the biggest problem facing his and other cpa firms across the country.

imgres“the market is very competitive both in finding talent as well as in bringing in new clients,” he says. “many firms face a lack of talent at the senior level and competition is also coming from private companies who look to hire managers and senior managers from public accounting firms.”

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how retired partners are robbing their own firms

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masked man carrying large money bagif you don’t set policies and enforce retirement deals, your firm could become a financial hostage.

by bill reeb and dominic cingoranelli

as many as 30 percent of firms pay more to retiring partners than they initially agreed, according to our succession survey.

more on performance management for pro members: how involved should retired owners be? | firms say what would change retirement pay | action plans for transitioning partners | how retirement issues affect succession planning | how partner ratings factor into equity | develop your employees or suffer the consequences | what having your employees’ backs means | do cpa firms need management or leadership? |  job 1 for the practice owner: client management

here’s why.

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4 ways to create more capacity

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purple no. 4 billiard ballconsider creating two classes of partners.

by bill reeb and dominic cingoranelli
卡塔尔世界杯常规比赛时间 / succession institute

when partners plan to retire, how do we go about creating additional capacity or freeing up the necessary capacity to handle the client transitions that need to occur?

more on performance management: partner retirement and the war for clients | succession: the questions to care about | 7 succession questions to ignore for now | develop your employees or suffer the consequences | what having your employees’ backs means | 5 harmful management attitudes (and how to fix them) | job 1 for the practice owner: client management

first, all of the “c” clients, which is our shorthand way of describing the smallest clients the firm serves – who while profitable, don’t have much opportunity to hire us for additional services – should not be transitioned to partners, but rather to managers.
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