What We’ve Learned in our Leadership Transition Process, with Marc Fleischman and Eric Majchrzak, BeachFleischman
Marc Fleischman: [00:00:00] I would say to the CEOs out there that are going to be transitioning out, don’t be afraid of what the future is going to bring. Embrace it and be open to the ideas of your successor because their ideas are extremely important to even your final education in your role. There’s nothing better, from my standpoint, to be able to say, “When I leave here, I have no fear of the success of this organization because I’ve I’ve done everything I can, and look forward to the next steps of whatever that brings for me.”
Marc Fleischman: [00:00:42] As far as Erc is concerned, what I’ve learned so far as we made the right choice. We’re lucky to have had an opportunity to have somebody like that internally in our organization. And I also would say that I never thought I’d be able to be a teacher. And now, I’m finding that it comes easy and it’s fulfilling to be able to share ideas, and then hear what comes back from Eric because, obviously, his upbringing was different than mine as far as professional services are concerned. And I love hearing his perspective on things.
Eric Majchrzak: [00:01:15] Thanks for those comments, Marc. I’ve learned a bunch of things. One is that we have to give each other a lot of latitude on the pace that we … and empathy during the transition process. So, just really identifying with each other. I think it’s a challenging time for both of us, actually, maybe for different reasons.
Eric Majchrzak: [00:01:38] The other thing I learned that by going through this process, it’s actually a bit of an opportunity to document and develop a transition process where Marc mentioned he was the likely and the logical successor to Bruce Beach. Me being the first non-founder CEO, we got to map out what the transition process looked like, and I think we can leave it behind for the transition I’m going to go through in another 15 years down the road, so there’ll be a framework there for people to follow.
Eric Majchrzak: [00:02:12] And I would also say just looking at all the things that we’ve been covering in this process, it helps you identify opportunities. I mean, Marc, think about all the opportunities that we’ve identified just for things that we can be doing helps us address maybe some challenges. So, all in all, I just think it’s a great process to kind of redefine and agree upon what we want to be. And that’s always a good thing to go through.
Marc Fleischman, CEO, BeachFleischman PC
Marc Fleischman is a founding shareholder and current CEO of BeachFleischman PC, an accounting and consulting firm with offices in Tucson and Phoenix Arizona founded in 1990. The firm has approximately 200 office and remote employees. Marc retires at the end of 2021 and is currently mentoring his replacement to share knowledge and experience.
Eric Majchrzak, Chief Strategy Officer, BeachFleischman PC
Eric Majchrzak is a shareholder and chief strategy officer of BeachFleischman PC. He is also the firm’s appointed CEO-elect and will assume the role in 2022. He joined BeachFleischman in 2012 and is responsible for the firm’s overall strategic growth initiatives, including innovation, service line development, M&A, joint ventures, institutional firm branding, market alignment, and community outreach.
Listen to the full Decision Vision interview with Marc and Eric here.
The “One Minute Interview” series is produced by John Ray and in the North Fulton studio of Business RadioX® in Alpharetta. You can find the full archive of shows by following this link.
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