5 Habits of a Successful Managing Partner

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You have walked the path from staff to manager and ultimately to the pinnacle of partner in your firm. So, how do you develop the ability to see the opportunities, sift through those ideas and motivate your team?

Fear not, there are some habits that you can implement that will assist you in this challenging role. Here are five simple ones to start with:

1. Read

We often tell ourselves that we are too busy to read, but outstanding leaders are those who find the time to learn about new ideas and management concepts and infuse them into their firm.  It is easier than ever to have those resources available to you through the e-readers that are available everywhere. An iPad or Kindle allows you to make time almost anywhere you are. 

2. Take Time Off

It is an interesting phenomenon that leaders wear the number of hours that they work as a badge of honor. I have done it myself! We brag about the late nights we put in or complain (with tongue in cheek) about the HUGE list of items we have to accomplish.

Ok, congratulations – you are busier than anyone in the world and everyone is aware of it. I would like to challenge you with something you can really brag about – taking time off! Great leaders take time off to relax and recharge.

Oh, and by the way, time off means NO work. No email, no phone, no emergency client meetings! Leadership requires that you trust your team to take care of things when you are away. Leave your computer and smartphone at home and enjoy some fun away from your normal routine.

3. Think Positive

It is easy when you are a leader in the firm to go down the negative path rather than the taking the high road. Profits are not what you were hoping; fellow partners are not producing as they should, staff members are not stepping up to a higher level of productivity and the darn technology is not working like you anticipate it should.

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About Sandra Wiley

Sandra Wiley

Sandra Wiley is President, Boomer Consulting Inc.


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Nov 10th 2017 21:37

I agree that managing partners and "people at the top" must do a better job to keep themselves motivated and inspired. All too often many of them burn themselves out and lose their motivation and drive to continue to do their best work. Taking time of is key to reflect with oneself. And equally important, is finding your tribe as long as it is constructively and not for complaining!

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Mar 29th 2018 13:17

Networking is good as the feeling of isolation of being at the top can if we are not careful lead to a lack of engagement with peers and then the loss of learning from the experience of others. It has happened to me before, but you have to learn to break out of it.

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