We sit down with Bill Reeb, co-founder of Succession Institute and former AICPA Chair, for a conversation that challenges some of the most common assumptions in professional services. Bill makes a bold case that the so-called talent pipeline crisis is largely a myth — the real issues are firms refusing to go global, failing to push work down to lower levels, and holding on to bad clients. The discussion dives deep into why work-life balance problems are almost always self-inflicted, how over-billing partners are unknowingly destroying the value of their own firms, and what the rise of private equity really means for the future of small and mid-sized accounting firms. Bill also shares his unique perspective on conflict as a catalyst for growth, the importance of letting people make mistakes as a leadership development tool, and why the best advisors focus on asking the right questions rather than having all the answers.
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