Barry Devereaux and Catherine Deane, Managing Partner and Chair of leading Irish law firm, McCann Fitzgerald, discuss the effectiveness of dual leadership structures in professional firms. They highlight the importance of having a support system, the significance of dual roles in leadership, and navigating leadership during the pandemic. They also provide advice for firms transitioning to a dual structure and emphasize the importance of conflict resolution and role dynamics in leadership partnerships.
A dual leadership structure allows for shared perspectives and divided responsibilities, preventing one person from being overwhelmed.
Open dialogue, addressing concerns, and transparent communication are crucial when implementing a dual leadership structure.
Deep dives
Importance of Dual Leadership Structure
The episode explores the effectiveness of dual leadership structures in professional firms and how they are implemented in practice. The guests, Barry Devro and Catherine Dean, share their experience as the managing partner and chair of a prominent law firm in Ireland. They discuss the need for a dual leadership structure to distribute the burden of leadership and prevent one person from being overwhelmed. They emphasize that as a firm grows, a unitary structure with a single leader becomes less effective, highlighting the importance of having shared perspectives and dividing responsibilities in a dual leadership model.
Challenges and Concerns
The podcast episode addresses the challenges and concerns associated with implementing a dual leadership structure. It acknowledges that partners in the firm may question the need for change and challenge the proposed structure. Barry and Catherine stress the importance of open dialogue and addressing these concerns in a transparent and rational manner. They emphasize the need to explain the benefits of dual leadership, such as sharing the workload, leveraging different perspectives, and ensuring effective oversight. The discussion highlights the importance of tailoring the dual leadership structure to the specific needs and dynamics of each firm.
Adapting to Change
The episode also delves into the experience of transitioning to a dual leadership structure during a time of crisis, specifically the COVID-19 pandemic. Barry and Catherine explain how the pandemic disrupted their initial plans and forced them to quickly adapt to rapidly changing circumstances. They highlight the importance of flexibility, agility, and collaboration in navigating unexpected challenges. Despite the difficulties, they share how their strong working relationship and shared commitment to the firm helped them navigate through the crisis.
Key Success Factors
The podcast episode concludes by discussing the key factors that contribute to the success of a dual leadership structure. Barry and Catherine emphasize the importance of trust, open communication, and a shared vision. They highlight the value of bringing different perspectives to decision-making and being receptive to diverse opinions. They also emphasize the significance of a partnership's support and buy-in when implementing any major structural changes. Overall, the episode underscores the benefits of dual leadership and offers insights into how firms can effectively implement and navigate this leadership model.
Can dual leadership be effective and how does it work in practice? Empson & Morley analyse these questions with the help of Barry Devereaux and Catherine Deane, Managing Partner and Chairof leading Irish law firm, McCann Fitzgerald, who have recently introduced a dual leadership structure.