According to a search of Baidu's library, a partner is a position in the top management of a firm, usually owning equity and participating in major decisions. They share the firm's profits and losses with the other partners and are responsible for the firm's operations and growth.

1. Involvement in major decisions, partners need to be involved in major decisions of the firm, such as developing the firm's strategic plan, selecting new partners, expanding into new business areas, and so on. They need to make informed decisions by working with other top executives to ensure the long-term stability of the firm.

2. Managing the firm's operations, partners are responsible for managing the day-to-day operations of the firm, including setting the firm's budget, managing people and staff, and setting policies and procedures. They need to ensure that all departments of the firm perform according to the firm's strategic plan and budget, and monitor the firm's performance.