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Jul 17, 201311:06 AMBeyond the Bio

A Closer Look at MBQ's Power Players

Office Managing Partner of Dixon Hughes Goodman on The Importance of Person-to-Person Relationships

Jul 17, 2013 - 11:06 AM
Office Managing Partner of Dixon Hughes Goodman on The Importance of Person-to-Person Relationships

In our weekly blog, "Beyond the Bio," we ask MBQ Power Players to write a post of their choosing about their industry. 

At Dixon Hughes Goodman, we take pride in our strong local relationships and being supported by a national network of professionals that can help our clients in any number of tax and advisory capacities. Collaboration is in our DNA as a firm, dating back to 1954 when S. Herbert Rhea and Jack Ivy founded our predecessor firm, Rhea & Ivy. Mr. Rhea was adamant that we view our clients as collaborators. Every engagement was a project on which we were working together toward a shared accomplishment. This mindset was evident when I joined as an associate in the early 1980s and continues to be our mindset today.

 

Our commitment to service and collaboration was shared by Dixon Hughes, which made for an easy and intuitive merger with them in 2008 (our combined firm later merged with Goodman & Company in 2012). We are now part of the largest accounting firm in the southern United States with over 1,800 colleagues, including over 240 partners and principals across eleven states.

 

The nation’s economy has obviously been through some significant shifts since our merger took place, which has had a profound impact on all of our clients. Rapid advances in technology even in the past few years have forever changed – and are continuing to change – the way we do business. Yet even as the business environment changes, the fundamentals of how we do business remain constant.

 

Simply put, nothing replaces the value of person-to-person relationships. I hope none of us relies so heavily on technology that we lose that principle. I have many long-standing relationships with clients that go beyond the debits and credits. The accounting industry in Memphis is very competitive. Three of the Big Four firms are here, and there are numerous great generalist CPA firms. Service invariably wins over price.

 

What is true for our firm is true for our entire community. To a large degree, Memphis and Shelby County are competing fiercely with our peer cities across the south, across the country, and around the globe. We are all working hard to engage and retain talented young workers, help our clients grow, and leverage our native assets as productively as possible.

 

To achieve this progress, our business community must learn to collaborate, share, and grow together. Whatever differences may be in our backgrounds, neighborhoods, political ideologies, or occupations, there can be no question that the business fortunes of everyone in our metropolitan region will rise or fall as one.

 

That’s why Dixon Hughes Goodman has invested our credibility and resources into projects like our Women’s Leadership Initiative, which connects female executives and principals from companies in every sector of our economy; the New Memphis Institute’s Summer Experience for interns and college students in our city; and the Memphis Economic Indicator, a unique “crowd-sourced” business intelligence survey that aggregates data and opinions of our local business leaders.

 

Collaboration, partnership, and commitment to a shared vision of accomplishment. These are the values that have served our company for the last 60 years, and I believe will serve the Memphis metropolitan area as we move forward together.

 

Power Player Bio: Anthony Clark

Regional Managing Partner, Memphis/Dallas/ Forth Worth, Dixon Hughes Goodman. Bachelor of Accountancy, University of Mississippi. Industry leader for firm’s Hospitality and Resorts practice. Also serves clients in construction, manufacturing, wholesale trade, and distribution. Former Chief Manager, Rhea & Ivy. Member, Advisory Council, University of Mississippi Patterson School of Accountancy. Member, American Institute of CPAs, Tennessee and Florida Society of CPAs.

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