The Dilemma of Professional Partnerships

Production of Producers or Prompt Profit?

Research output: Contribution to conferencePaperResearchpeer-review

Abstract

A large and growing proportion of the organizations in the contemporary knowledge economy are organized as professional partnerships as is the case of professional service firms. As these firms have grown larger (e.g. Big4: Deloitte, PwC, E&Y, KPMG), the way of organizing is under pressure for change. The internalized 'democratic' ownership, the single- minded focus on delivering professionalism in client relations and the fundamental goal of growing new professionals of the professional partnerships have become challenged. Based on an ethnographic study of Deloitte in Denmark, and data from other sources, the paper analyzes the changing organization of work, the changing partner and manager roles and basic changes in the HR-model. The paper explores the question of where the partnership organization is going and discusses potentials and pitfalls for this particular type of organization.
Original languageEnglish
Publication date2014
Number of pages24
Publication statusPublished - 2014
EventThe Academy of Management Annual Meeting 2014: The Power of Words - Philadelphia, United States
Duration: 1 Aug 20145 Aug 2014
Conference number: 74
http://aom.org/annualmeeting/

Conference

ConferenceThe Academy of Management Annual Meeting 2014
Number74
CountryUnited States
CityPhiladelphia
Period01/08/201405/08/2014
Internet address

Bibliographical note

CBS Library does not have access to the material

Cite this

Bévort, F., & Poulfelt, F. (2014). The Dilemma of Professional Partnerships: Production of Producers or Prompt Profit? . Paper presented at The Academy of Management Annual Meeting 2014, Philadelphia, United States.
Bévort, Frans ; Poulfelt, Flemming. / The Dilemma of Professional Partnerships : Production of Producers or Prompt Profit? . Paper presented at The Academy of Management Annual Meeting 2014, Philadelphia, United States.24 p.
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Bévort, F & Poulfelt, F 2014, 'The Dilemma of Professional Partnerships: Production of Producers or Prompt Profit? ' Paper presented at, Philadelphia, United States, 01/08/2014 - 05/08/2014, .

The Dilemma of Professional Partnerships : Production of Producers or Prompt Profit? . / Bévort, Frans; Poulfelt, Flemming.

2014. Paper presented at The Academy of Management Annual Meeting 2014, Philadelphia, United States.

Research output: Contribution to conferencePaperResearchpeer-review

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T1 - The Dilemma of Professional Partnerships

T2 - Production of Producers or Prompt Profit?

AU - Bévort, Frans

AU - Poulfelt, Flemming

N1 - CBS Library does not have access to the material

PY - 2014

Y1 - 2014

N2 - A large and growing proportion of the organizations in the contemporary knowledge economy are organized as professional partnerships as is the case of professional service firms. As these firms have grown larger (e.g. Big4: Deloitte, PwC, E&Y, KPMG), the way of organizing is under pressure for change. The internalized 'democratic' ownership, the single- minded focus on delivering professionalism in client relations and the fundamental goal of growing new professionals of the professional partnerships have become challenged. Based on an ethnographic study of Deloitte in Denmark, and data from other sources, the paper analyzes the changing organization of work, the changing partner and manager roles and basic changes in the HR-model. The paper explores the question of where the partnership organization is going and discusses potentials and pitfalls for this particular type of organization.

AB - A large and growing proportion of the organizations in the contemporary knowledge economy are organized as professional partnerships as is the case of professional service firms. As these firms have grown larger (e.g. Big4: Deloitte, PwC, E&Y, KPMG), the way of organizing is under pressure for change. The internalized 'democratic' ownership, the single- minded focus on delivering professionalism in client relations and the fundamental goal of growing new professionals of the professional partnerships have become challenged. Based on an ethnographic study of Deloitte in Denmark, and data from other sources, the paper analyzes the changing organization of work, the changing partner and manager roles and basic changes in the HR-model. The paper explores the question of where the partnership organization is going and discusses potentials and pitfalls for this particular type of organization.

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KW - HRM

KW - Management

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Bévort F, Poulfelt F. The Dilemma of Professional Partnerships: Production of Producers or Prompt Profit? . 2014. Paper presented at The Academy of Management Annual Meeting 2014, Philadelphia, United States.