Plante Moran, one of the nation’s largest certified public accounting and business advisory firms, has been named to FORTUNE Magazine’s list of “100 Best Companies to Work For” for the 19th consecutive year.
Thefull list, which was announced today, ranksPlante Moran 51 and will appear in the March 13 issue of FORTUNE Magazine (www.fortune.com). Plante Moran has been named to the prestigious list each year it has applied.
With offices throughout Michigan, Illinois, and Ohio and in Mexico, China and India, Plante Moran remains a leader in attracting and retaining staff in the competitive professional services arena through progressive workplace programs and a genuine “We Care” culture.
At the core of Plante Moran's culture is the desire to cultivate and build strong leaders.
“Plante Moran was founded on the understanding that most successful organizations foster and maintain business cultures where outstanding people are developed, coached, mentored and rewarded,” said Gordon Krater, Plante Moran's managing partner. “We incent our staff to not only become exceptional ‘client-servers’ but to coach next generation staff and ultimately identify and prepare their successors.”
The firm has implemented a variety of programs to promote staff development, including:
•The Buddy Program: The buddy functions as a big brother or big sister to help each new staffer become acclimated and is always available to answer questions, serve as a sounding board for ideas or offer advice.
•Career Development Planning: The firm’s high-touch approach to performance management inspires staff to take their careers into their own hands and to drive their personal career paths. The goal is to enhance and support staff by providing them with tools and programs to develop their skills as professionals.
•Emerging Leaders Academy: A diverse talent initiative that pairs mentors and mentees with diverse backgrounds. The intent of the program is for participants to develop a reciprocal relationship that facilitates the sharing of knowledge, experience and philosophies that are advantageous to career development at the firm.
•Female Mentoring Program: The firm’s Women in Leadership initiative champions a mentoring program that pairs senior-level female associates with female and male partners to provide additional guidance, knowledge-building and perspective to support their path to partnership.
•Innovation Groups: Groups of younger practice staff tasked with identifying new and better ways the firm can optimize technology. These groups, who have direct access to a partner, Plante Moran’s CIO and a management team member, have the opportunity to present their ideas and help with the implementation. It not only gives the younger staff members an opportunity to take ownership of a project, but it also encourages them to think like a business owner and speak up when they have an idea.
As a testament to the firm’s career development and “seamless transition” approach, in July 2017, Plante Moran will complete the transition process from one managing partner to the next for the sixth time since 1950. With each transition, the firm’s culture and bottom line have grown stronger. Jim Proppe, managing partner-elect says, “To anyone out there still wondering: it pays to have a great company culture — particularly one that spans generations.”
In the 19 years since Plante Moran first appeared on the FORTUNE list, the firm has more than tripled its staff and increased revenue by more than 500 percent, all while maintaining a culture that promotes staff development, retention and focus on client service. The result is lower turnover, which promotes unparalleled longevity and trust and drives exceptional client results.