Description:Size matters, or does it? And if it does matter, how? Which ought to come first, the process or the client? Grand questions of organization and strategy are not always easy to connect to daily reality, but they are ignored at a firm's potential peril. Implicitly or explicitly, firm managers make decisions based on theories about the future evolution of their own business, the industry at large, and the markets. A firm's prosperity can depend largely on how accurate these expectations turn out to be. Organizational Challenges for Investment Firms is intended to help bring key areas into focus for senior decision makers. Taken together, the presentations offer a wide-ranging overview of the current and possible future state of the industry. This proceedings includes presentations by Harold S. Bradley, Charles B. Burkhart, Jr., John F. Casey, Robert J. Froehlich, Ronald Layard-Liesching, Jeffrey S. Molitor, CFA, William J. Nutt, and Paul David Schaeffer. Proceedings of the AIMR seminar "Managing Your Firm for Success: A Senior Management Conference"