CPA firms are facing a succession crisis that endangers growth and profitability. The historical model of organic growth that relies on relationship management by generalist partners is no longer effective in an increasingly specialized practice environment. An entirely different leadership foundation is needed, one that requires specialists who work together in pursuit of a valuable decision support function. Growth requires all stakeholders to be engaged in a shared purpose, shared quality, and shared language.
The following is an interview with Paul Fisher, author of Beyond the Days of the Giants: Solving the Crisis of Growth and Succession in Today’s CPA Firms.
The related article,”The Great CPA Followership Crisis: Learning to Grow Again through Shared Purpose, Quality, and Language,” by Paul Fisher, appeared in the December 2016 print edition, is available here.