We Have Seen the Enemy and the Enemy Is Us


Only 20 percent of all CPA firms make it to the second generation. Why? In short, firms suck at succession planning:

  • Partners often lack mentoring skills;
  • There is very little accountability for mentoring;
  • Partners fail to give mentoring the same high-level focus as their client activities;
  • Firms have inadequate leadership development and mentoring programs; and,
  • Partners’ affluence makes them feel that failure at leadership development will not jeopardize their livelihood.

Get access to this article and thousands more...

All Accounting Today articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, podcasts, blog discussions, and conference discounts. Registered members may also choose to receive our exclusive Tax Pro Today e-newsletters covering the latest breaking news, opinions from industry leaders and developing trends.

Register now for FREE site access and more