Business Services Industry
New Executive: The sum of all the parts ; Winning strategy for Ernst & Young's managing partner is managing teams.(Brief Article)(Company Profile)
Crain's New York Business, October, 2000 by keenan, charles
At first, it sounds like Paul T. Bader, Ernst & Young's new managing partner for its New York office, is reading from a management textbook on team building: Put people first and become more flexible as a company. But Mr. Bader isn't just spouting business school precepts, he's putting them into practice.
For starters, he's creating inter-divisional teams made up of tax, audit, accounting, e-commerce, e-security, and mergers and acquisitions specialists. Instead of focusing on revenues per partner, the firm will shift to reporting revenues per team. ``We have not been providing the client with as comprehensive a solution as we could,'' says the 41-year-old executive. ``Customers get more out of effective teams than if our people worked on their own.''...
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