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Last week, I wrote a column about dealing with managers that won’t follow the system and who work as Lone Rangers.
A very successful colleague once told me that the alternative to getting what you want was to reduce expectations. Here are some additional alternatives:
- Reduce quality;
- Reduce compliance;
- Accept added time to complete returns;
- Don’t mind added work in progress inventory;
- Be prepared for reduced fun on your part and increased stress;
- Reduce growth plans;
- Accept reduced profits;
- Reduce system compliance;
- Give up hope of having a smooth flowing system;
- Reduce your investment in training of younger or newer staff;
- Accept having Lone Rangers; and,
- Accept increased frustration, stress, anxiety, stagnation or failure.
If you're the boss, then be the boss!
Do not hesitate to contact me at emendlowitz@withum.com with your practice management questions or about engagements you might not be able to perform.
Edward Mendlowitz, CPA, is partner at WithumSmith+Brown, PC, CPAs. He is on the Accounting Today Top 100 Influential People list. He is the author of 24 books, including “How to Review Tax Returns,” co-written with Andrew D. Mendlowitz, and “Managing Your Tax Season, Third Edition.” He also writes a twice-a-week blog addressing issues that clients have at www.partners-network.com along with the Pay-Less-Tax Man blog for Bottom Line. He is an adjunct professor in the MBA program at Fairleigh Dickinson University teaching end user applications of financial statements. Art of Accounting is a continuing series where he shares autobiographical experiences with tips that he hopes can be adopted by his colleagues. He welcomes practice management questions and can be reached at (732) 743-4582 or emendlowitz@withum.com.
