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Accounting and Consulting


Certifying success



How to develop the strengths and talent within your organization

By Kristy J. O'Hara


Smart Business Chicago | September 2008

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Krista McMasters<BR />Chief practice officer and incoming CEO, Clifton Gunderson LLP
Krista McMasters
Chief practice officer and incoming CEO, Clifton Gunderson LLP

If anyone knows what’s needed to develop an organization’s employees, it’s Krista McMasters. She started working for Clifton Gunderson LLP 30 years ago as an associate accountant, now serves as chief practice officer, and, in April, was named CEO, making her the first and only female CEO in the top 25 public accounting firms.

She’s been mentored throughout her career, so it’s no coincidence that the mentoring continues in a transition program before she assumes full responsibility in June 2009. But she’s not impatient. Instead, she believes that building employees is critical to anyone’s success and she passes that along to those who will follow in her footsteps.

“I believe really in the development of people, so I do everything I can to provide direction, strategy and vision to people but allow them to execute and build on that,” she says. “My whole goal is to build people into leaders that far exceed anything I ever could do.”

Smart Business spoke with McMasters about how she develops her 2,000 employees just as she’s been mentored during her career.

Recruit good people. Recruit people that have the abilities to do the things you’re looking to do. Define the position. We have something called smart objectives. It’s like a job description, but it goes beyond that and talks about the things that we would like them to achieve in the next six months and in the next year in their position.

Interview individuals based on their experiences related to those objectives, not just on their credentials or where they’ve worked. Really get into defining the types of experiences they’ve had that relate specifically to the objectives of the job.

A lot of it is asking the right questions. A question that I always ask is to tell me something that they’re most proud of in their prior job. You get at people’s passions, and that’s where you get at their strengths. If you ask them questions like, ‘Tell me something that defines you — an experience that you had that you were proud of’ — you can get at what it is they enjoy doing, which is what they’re going to be passionate about, which builds on their strengths.

Mentor people. Have a strong mentor career development program across the board. Everybody that’s managing anybody, it’s their role to develop whoever it is that they’re managing. Provide them with a career that they’re engaged in, and do that by connecting with someone who’s really going to help them in their development throughout their career.

Match up people who do the same thing. We make sure our auditors are matched up with other auditors, etc., so the people that are doing the mentoring have the ability to know what it is they’re mentoring. Assuming that the one criteria is met — that they’re in the same service area and do the same thing — we let the mentees help choose their mentors. We tell them to look at the people that they’d like to become. Look at the individuals that work with them and the people that they think can help them build on their strengths because that’s what they’d like to achieve once they have more experience.

Once you’ve identified a good match for a mentor and mentee, it’s the responsibility for the mentor to keep the person engaged, keep on top of what they’re doing and keep with them so that they understand how they can help them build on their strength.

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