The Art of Managing Professional Services: Insights from Leaders of the World's Top Firms

The Art of Managing Professional Services: Insights from Leaders of the World's Top Firms book cover

The Art of Managing Professional Services: Insights from Leaders of the World's Top Firms

Author(s): Maureen Broderick (Author)

  • Publisher: Pearson P T R
  • Publication Date: January 1, 2010
  • Edition: 1st
  • Language: English
  • Print length: 297 pages
  • ISBN-10: 0137042523
  • ISBN-13: 9780137042524

Book Description

Maureen Broderick draws on her 30 years of experience in professional services to explore both the art and science of running a high performance firm. She presents tangible processes and programsùincluding 40 featured best practicesùthat readers can tailor to their own organizations and cultures. Inside you will learn:

-How to create and maintain a shared vision, values, and culture

-Best programs to recruit, train, and retain great people

-Strategies to develop and manage a profitable portfolio of clients

-What it takes to innovate services and share knowledge

-The key metrics to monitor financial health

-Insights into effective positioning, marketing, and selling firm services

-Proven practices for rewarding and managing the partnership

-A guide to both long-term and annual strategic planning

-Balancing structure and governance in a consensus-driven organization

-Secrets For leading “incredibly smart and independent people”

Editorial Reviews

Review

“Packed with specific takeaways, [this book] should help you bring the same level of professionalism to managing your firm as you do to serving your clients.” –Accounting Today

From the Back Cover

High praise for Maureen Broderick . Her book gives firm leaders a step up in competing on the global landscape.

James Turley, Chairman and CEO, Ernst & Young

Anyone involved in the management of a professional service firm will find real value here.

David Childs, Global Managing Partner, Clifford Chance

Maureen Broderick brings shape and clarity to the vital, but abstract, essence of professional service firms.

Ralph Shrader, Chairman and Chief Executive Officer, Booz Allen Hamilton

Broderick s book is filled with best practices that will help all kinds of companies whether they are professional service firms or not meet the challenges of doing business in the 21st century.

Ray Kotcher, Senior Partner and Chief Executive Officer, Ketchum

Every professional service partner and aspiring partner should read this book.

Paul Laudicina, Managing Officer and Chairman, A.T. Kearney

This comprehensive overview of best practices from the world s leading firms will resonate with leaders and managers.

Eric Friedman, Executive Partner, Skadden, Arps

The takeaways are fantastic!

Andy Cohen, Co-CEO, Gensler

One only needs to read this book to realize that managing a professional service firm is very much an art, if not a science, worthy of its own special study and examination.

Mike Goss, Managing Director and COO, Bain Capital

Building and managing a professional service firm is very different from running a product-based business. Infrastructure, governance, talent acquisition and retention, and compensation and financial management vary significantly from traditional corporate environments. Conventional management advice doesn t offer all the answers, and mainstream business gurus rarely address the unique challenges facing professional service firm leaders.

The Art of Managing Professional Services is one of the most comprehensive, research-based guides to firm management ever written for
the industry. Based on more than 130 in-depth interviews with leaders of the world s top firms, the book offers practical, proven, best practices on how to tackle the ten critical areas that firm leaders must monitor to build and maintain a strong organization: vision, values, and culture; people; clients; services; finance; positioning; partnership; strategy; structure; and leadership style.

Maureen Broderick draws on her 30 years of experience in professional services to explore both the art and science of running a high performance firm. She presents tangible processes and programs including 40 featured best practices that readers can tailor to their own organizations and cultures. Inside you will learn:

>> How to create and maintain a shared vision, values, and culture

>> Best programs to recruit, train, and retain great people

>> Strategies to develop and manage a profitable portfolio of clients

>> What it takes to innovate services and share knowledge

>> The key metrics to monitor financial health

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