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Unified front: Tips for building strong new leadership teams

Jo Larbie provides some pointers for new managing partners on forming strong leadership teams

22 March 2013

 

Taking on the role of managing partner can be a challenge; you have to deal with other partners who believe they know how to run the firm.

Partners are, by definition, skilled and autonomous individuals who expect the exercise of authority to occur through a process of influence and negotiation, rather than through reliance on more direct, position-based authority.

The other hurdle is that managing partners frequently lack a clear mandate from the partnership, with the result that their remit is only defined when they begin to implement decisions.

If you have made it to a managing partner position, this is usually on the basis of excellent personal performance, with an ability to generate high fees and lead a team of likeminded professionals. The ultimate goal of this position, however, is t...

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