What is the role of a ‘managing partner’, exactly? How are their responsibilities different from those of the Partners reporting to them?

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There can be different levels of managing partners.

To give an example of how it might be structured: your run of the mill line partners might own an account or capability, and they report to a managing partner who owns the market their account/capability is in. That managing partner might report to a managing partner who owns the geographical region, who reports to the managing partner who owns the country, and so on.

There's a lot of overlap between line partners and managing partners, with a bigger scope for the managing partners.

MPs are also typically more focused on running the business than on client delivery, and in some cases, might only have limited delivery/BD responsibilities. They also are typically more focused on setting the strategy for their region/sector/geography/etc than line partners are.

likehelpful

Very helpful, thank you!

They run the business of our business.

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“I’m living in a cuckoo clock.”

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Glorified salesman for one account

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There are bosses, and then there are big bosses.

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A managing partner oversees the firm’s operations, sets strategic goals, and makes high-level decisions, while partners focus on specific business areas or clients. Their responsibilities include leadership, resource allocation, and ensuring overall performance. We also have an open customer service management position.

funny

It seems like a lot of overlap with the C-level execs, then.

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