Sentences with phrase «management culture of a firm»

In more than a few cases where it worked in the short run, in the long run, the management culture of a firm that survived did not learn the lessons of undue risk taking, and blew it up again.

Not exact matches

And these execs are not always the ideal hire: Local management teams often have deep knowledge and understanding of national cultures, markets, and worker psychology that most companies need for long - term stability, says Mark Murphy, CEO of Leadership IQ, an Atlanta research and management consulting firm.

Bridgeway Capital Management founder John Montgomery discusses how donating 50 percent of his company's profits to charity every year is simply part of his firm's culture.

Employees at Bain & Company, a global management consulting firm headquartered in Boston, rave about its «incredible culture» and its «incredible people [who display] a mix of intelligence but also humility that you don't find at other top consulting firms.»

The culture of compliance at Franklin Templeton starts from the top, with support from senior management and oversight by the firm's Chief Compliance Officer.

''... if [a Wall Street firm's] senior management and board would like to study a culture that does put clients first, they should hop in a limo and go 110 miles southwest to Valley Forge, Pa. — the home of The Vanguard Group.»

''... if [a Wall Street firm's] senior management and board would like to study a culture that does put clients first, they should hop in a limo and go 110 miles southwest to Valley Forge, Pa. — the home of The Vanguard Group.»

He has argued that failed banks should not be bailed out, Lehman's collapse was not a disaster, AIG should be declared bankrupt, that naked short selling is not a problem, that backdating isn't so bad, insider trading should be legal, many corporate CEOs are underpaid, global solutions are worse than local solutions, Warren Buffett is overrated, Michael Milken is a great American, the collapse of the hedge fund was not a scandal, hedge funds are over-regulated, education is overrated by the educated, bonuses at successful Wall Street's firms are deserved and possibly undersized, management buyouts are boons to the economy, Enron's management was victimized by an over-zealous prosecution, Sarbanes - Oxley should be repealed, corporate compliance culture is a disaster, shareholder democracy is overrated, hostile takeovers ought to be revived, the market is permanently moving away from public ownership of equity in corporations, private partnerships are on the rise, public ignorance is encouraged and manipulated by governments and corporations, experts overrate expertise, regulatory agencies are controlled by the businesses they supposedly regulate and Wall Street is much more fun than people give it credit for.

Le Monde, Mediapart and Canard PC reported that over a dozen of current and former employees (interviewed by Le Monde) have described the firm as having a «toxic studio culture», with «dubious contract practices», a management team with an «inappropriate behaviour», and employees being overworked and hardly respected.

Gapingvoid is a consulting firm that uses Six - Sigma methodology to define, measure, analyze, and implement change management in the form of corporate culture.

Client transition should be a function of management, firm culture and development opportunity rather than the age of a senior partner.

Firms promoting a culture of efficiency are increasingly looking for experiences with project management, pricing, six - sigma and / or process improvement.

The culture and personality of each firm, and the personality and style of firm management varies from firm to firm.

The first is having an understanding of the firm's culture, its business objectives, management style and the image the firm wants to project.

More often than not, the culture of the old firm dies, and experienced partners are less willing to put up with a new management culture.

But how a law firm or its executive management choose to allocate that money can make the difference between a law firm that fosters a culture of cohesion and collaboration or where the battle for a bigger share of a finite pie promotes a culture of «me vs. them» competition.

In addition to her legal practice, Ms. Shah is the Chief Diversity Officer for Brooks Kushman and as such serves on the management committee to help shape a culture of diversity and inclusiveness within the firm and extend the firm «s reach through pipeline initiatives and outreach efforts.

His Culture X-ray ® was a picture that was better than a thousand words of the usual law firm management consultant advice.»

The attorney's practice area; their target clients; the breadth or depth of an attorney's knowledge; the firm culture and compensation system; the maturity of the attorney's practice; the lawyer's matter management skills; their billing rates and competitive position; and the lawyer's professional relationships are so varied and dynamic that no two lawyer's practices are truly similar.

A major component of the planning process is the ability of the managing partner or the management committee to assess the firm's culture to determine whether the current culture reflects the type of internal culture the firm should aim to create.

After years of analyzing the personal and professional styles of lawyer managers, three inescapable conclusions have become readily apparent to me: (1) The authority of lawyer management is derived from the willingness of partners to be managed; (2) Partners in most law firms perceive themselves as being owners of the firm, having certain prerogatives and independence, not as employees to be «managed»; and (3) Law firms have their own personalities and cultures; and management techniques that may be effective in one firm may be marginally or not successful in another.

On a strategic level, social media marketing includes the management of the implementation of a marketing campaign, governance, setting the scope (e.g. more active or passive use) and the establishment of a firm's desired social media «culture» and «tone».

Klemchuk LLP hosts Culture Counts, a blog devoted to the discussion of law firm culture and corporate core values with frequent topics about positive work environment, conscious capitalism, entrepreneurial management, positive workplace culture, workplace productivity, and corporate core Culture Counts, a blog devoted to the discussion of law firm culture and corporate core values with frequent topics about positive work environment, conscious capitalism, entrepreneurial management, positive workplace culture, workplace productivity, and corporate core culture and corporate core values with frequent topics about positive work environment, conscious capitalism, entrepreneurial management, positive workplace culture, workplace productivity, and corporate core culture, workplace productivity, and corporate core values.

- Identifying the characteristics of successful partners and leaders so that women (and men who are not «connected» to power sources within the firm) understand what it takes to be successful in the culture of their firm (i.e. books of business, managing teams, practice group status within the firm, management skills, who you know).

His Culture Xray ® was a picture that was better than a thousand words of the usual law firm management consultant advice.»

In light of the numerous opportunities for such powerful and productive lawyers to join competing law firms, you and your fellow managers need to be especially cognizant of whether your firm culture, its management practices, and the presence or absence of appropriate strategic planning and marketing activities may finally drive lateral candidates to seek more lucrative and professionally rewarding opportunities elsewhere.

Standard policies with respect to audit enquiries, client confidentiality, conflicts, opinions and retainer letters help mitigate risk by better educating lawyers within the firm and by encouraging a law firm culture in which risk management is understood in the context of day - to - day practice.

Knepper's departure comes on the heels of the lawsuit she filed Jan. 12 accusing the firm of fostering a male - dominated culture in which male shareholders are «grossly overrepresented» at the top tier of the firm's management structure.

Diagnose a sick firm culture and you will find 10 symptoms: poor productivity; lawyers who fail to bill and collect; high personnel turnover; hostility between individuals; low morale; out of control overhead; lawyers unwilling to change or consider new practice ideas; lack of initiative or creativity; apathy; and the inability of management to gain support for its decisions.

The objective of the questionnaire was to obtain the attorneys» opinions and assessment of firm culture, economics, governance and growth; practice management, marketing and development; and their personal and economic goals and relationships with each other.

Performance management of partners typically includes monitoring the individual financial performance of partners, addressing behavior that is not consistent with firm culture, partner coaching, and overseeing the development and implementation of individual partner business plans.

Fostering the integration of legal project management techniques into the culture of the firm and in specific client engagements through the utilisation of the firm's technology, the deployment of firm resources,

Establish a culture of accountability achieved through the governance, management and compensation structures of the firm.

Assessment of your firm's governance arrangements and culture, including management information review, with a view to making systems of governance more effective, with a clear definition of the Conduct Risk Framework, and training and support for Approved Persons and Senior Managers.

After years of analyzing the personal and professional styles of lawyer managers of successful (and not so successful) law firms, three inescapable conclusions have become readily apparent to me: (1) The authority of lawyer management is derived from the willingness of partners to be managed; (2) Partners in most law firms perceive themselves as being owners of the firm, having certain prerogatives and independence, not as employees to be «managed»; and (3) Law firms have their own personalities and cultures; and management techniques that may be effective in one firm may be marginally or not successful in another.

When librarians apply their specialized knowledge management skills to the specific needs of their firm (its unique processes, culture, and practice groups), law firms and attorneys are more successful, productive, and efficient.

While terms like this may convey a general sense of a culture, greater definition is necessary to begin to clearly differentiate various law firms» cultures and use knowledge of those cultures to contribute to the management of the firms.

The result of treading into new territory, however, could mean more challenges for the management of the firm as well as a less harmonious culture within it.

BountyJobs, Inc., provider of the leading recruiting technology platform for collaboration between employers and search firms with over $ 1.25 Billion in placement fees to recruiters, today announced a strategic partnership with culture management service Candidate.Guru.

One indicator of firm culture is the background and management style of the company founders.

In search of a key role position with an industry leading company or lean consulting firm that has a top management supported passion to pursue a sustainable lean culture for maximum profit and team member fulfillment.

Perhaps the biggest change from when I took over management of the firm is that we're creating a culture of destination by providing strong, ethical leadership to like - minded people.