Our Team is Coming Apart at the Seams

Beverly Flaxington is a practice management consultant. She answers questions from advisors facing human resource issues. To submit yours, email us here.

Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.

Dear Bev,

I’m a senior advisor at a firm but not yet a partner. The partners (five) recently decided it was prudent to hire a COO. There was a significant search process to find this person and the start date was early summer.

Now, with three months of experience, the situation has been, “change, change and more change.” A new COO shouldn’t be shaking everything up before they know all about us. Our firm is doing well financially, and our team has been in place for many years. We don’t suffer turnover or poor performance.

Why do people in leadership roles think that change is always good? It’s been hard to get work done because everyone is swimming against a tide of things we don’t need or want to do. It’s exhausting.