HAVE YOU RECENTLY BEEN MERGED-IN? HOW DOES IT FEEL?
Mergers, mergers and more mergers in the CPA firm world.
Just a couple of years ago it was about acquiring good people. Now, at least for the short-term, it is about acquiring and expanding the client base.
Per John Ezell on CPA Trendlines: ”We expect the M&A market for the next several years to be very active due to retirements…..”
Have you been recently merged into a larger firm? Even though it is all about the clients now (and yes, they are people, too), has the leadership of the firm made you and all your people feel special?
Did they orchestrate all of the on-boarding activities so that everyone feels included and has a clear sense of what is going to unfold during the next year? Or, do you feel like there is a dark cloud hanging over your head?
If you joined the right firm, they have a clear plan, well-documented and well-executed for making the valuable people they are merging-in feel part of something extra-ordinary.
How do you feel about going into the office this morning?
"We are all in the same boat in a stormy sea and we owe each other a terrible loyalty." - - G. K. Chesterton
Rita Keller is a nationally known CPA firm management consultant, speaker, author, mentor and blogger. She is a former shareholder and administrative partner in a successful, regional CPA firm and has over 30 years hands-on experience in CPA firm management, marketing, technology and administrative operations. She works with firms across the country focusing on people, partners and internal management issues.