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Managing the Professional Service Firm by David H. Maister — WisdomDeck honest review
Honest review · Entrepreneurship

Managing the Professional Service Firm

by David H. Maister

The economics and management of firms that sell expertise: leverage, the profitability formula, partnership, marketing, careers. Dense, essential and unmatched for consultancies and agencies.

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Read it if…

you run or want to run a professional service firm.

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Skip it if…

you run anything else.

Try instead: Strategy and the Fat Smoker →

Three things you will actually use

  1. Margin, rate, utilisation, leverage.
  2. Finders, minders, grinders.
  3. Partners must sell and mentor.

Do this first

Read the chapter on the profitability formula.

Our verdict

The service-firm text.

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