A Compensation Plan Can Dramatically Improve a Firm’s Success
A large multi-discipline, multi-national engineering firm asked our assistance as the managers struggled with a compensation plan that had become increasingly de-motivating to the firm’s leading practitioners. The firm had evolved over several decades from a small partnership to a large, complex organization that still maintained its legal structure as a partnership. A remnant of […]
Resolving Partner Conflict
The newest partner – who was coincidentally the first non-founding partner in the firm – raised a red flag when he realized that conflict among the partners was a serious issue that could, he felt, tear the firm apart. We were asked to help. We spent time with each of the partners and learned that […]
Sabbatical Programs Can Enhance a Firm
In the course of a long-term relationship with a practice that high expectations of commitment, time, and performance of principals and staff, it became apparent that burnout of key performers was a high risk, and the solution seemed to be “work hard and retire early”. As senior principals came closer to the age at which […]