There is a distinct correlation between a firm’s profitability and the degree to which its partners think and act strategically.During the course of my consulting, I have identified nine key non-financial elements that drive high-performing professional firms. They help explain why some firms are more profitable than others, and why the high-performing firms constantly beat the competition.

* 1. Vision. All high-performing professional firms have a clearly articulated vision. If you don’t have a vision, then all of the following elements won’t work. The firm becomes its own worst enemy.

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