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Leadership


The honest truth



How Don Misheff builds up his employees and client base at Ernst & Young by never being afraid to admit a mistake

By Kristy J. O’Hara


Smart Business Cleveland | May 2008

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While Don Misheff jokes that he’s been successful because he got lucky by marrying the right woman and the right firm, his true success can be attributed to more than what’s on his resume — it’s his character.

“Honesty, honesty, honesty — and integrity,” he says. “I tell my kids, ‘You only have one chance to lose it. You lose your trust, you don’t get it back. It’s the sacred thing you have to protect.’”

These aren’t attributes he simply preaches about and doesn’t do himself. They’ve been evident throughout his life in the choices he’s made. As a young man, his father died, and a year later, his mother suffered a stroke that left her paralyzed at age 51. He could have followed his dream of going away to school and playing basketball, but instead, he opted to attend the University of Akron, so he could help care for his mother back home in Canton. After he graduated, he was still helping his mom through rehabilitation, so he got a job with what was then Ernst & Ernst’s Akron office.

After working his way up the ranks over the past 30 years, Misheff is now Northeast Ohio managing partner for what has become the international accounting firm Ernst & Young LLP. In that role of leading three local offices, he has that same message for all of his 1,200 employees as he does for his kids — maintain your integrity by being honest.

“You’ve got to be honest with yourself, honest with your clients, honest with your peers,” Misheff says. “If you’re honest, you’ve got nothing to worry about because you don’t have to remember what you said. I don’t believe in covering up trails. Let’s be honest. If we’re wrong, we’re wrong. We’ll fix it. If you’re willing to work and you’re honest, there’s no way in the world you can’t be successful.”

That same honesty and commitment has made Ernst & Young — not just locally but the $21.1 billion international firm as a whole — wildly successful, too. Among the accolades the entire Ernst & Young family have received are being named third on BusinessWeek’s Best Places to Launch a Career list last year and, this year, landing a spot on FORTUNE’s 100 Best Companies to Work For list for the 10th consecutive year.

The attributes that these honors embody, while collective across Ernst & Young firms, are evident in Misheff’s Northeast Ohio firms as he creates a great work environment, makes himself available to employees, builds trust with clients and makes his word as good as his handshake. By being honest and having integrity while focusing on these things has made him and the firm successful.

“Our people and client quality service are the most important things we do,” Misheff says. “This is not rocket science — you do those two things right and a lot of good things will happen.”

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