It may not be fair, but your first few months as managing partner – the time when you are just starting to grasp the totality of your new job – may well turn out to be the most crucial in setting the stage for a tenure that hopefully should last for years.

In spite of how well your peers might claim to know you, your formal decisions, informal behaviour and symbolic acts will be closely scrutinised during those first few months. Everything you do and say will send out clear messages, set a tone, establish expectations and communicate what is of priority to you.