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Category Archives: Strategy
How to Find Passion in Your Work
Ask yourself: How much do you love doing what you do? For most of us there’ll be some bits we really don’t enjoy (admin in my case!), but ideally there’ll be many aspects of our role that make our heart … Continue reading
Posted in Leadership and Management, Managing Change, Strategy
Tagged heart zinging, passion at work
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David and Goliath – The Potential Advantages of Smaller Firms
If you find yourself competing against a much larger competitor, be encouraged. They have weaknesses! Just as Goliath did against David! Part of the challenge for the mega firms is that they don’t easily see their weaknesses. Consider an … Continue reading
Posted in Leadership and Management, Managing Change, Strategy
Tagged david and goliath, Rumelt, strategy, strengths, weaknesses
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How to Improve Practice Group Profitability
Do all the practice groups in your firm make an adequate margin? If not, what is being done to address the deficiency? I’ve been involved in several projects which have looked at how to improve profitability. Here’s my proposed approach, … Continue reading
Could Law Firms Learn from a Football Club?
Sounds like a bizarre question. But the answer is yes and firms could learn lots from the Civil Service and GB’s track cycling squad and so many other sectors. Here’s why… No sector has a monopoly on good ideas. As … Continue reading
Posted in Leadership and Management, Managing Change, Strategy
Tagged ideas from other sectors, innovaton
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Sherwood Report on Gender Balance in Law Firms – Could Try Harder!
Imagine it’s coming up to the end of the Easter term at school. Report time for law firms! Some A’s, a few B’s, but on Diversity and Inclusion, I’m afraid it’s a ‘Could Try Harder!’ My Sherwood partner Ann Collier … Continue reading
Posted in Leadership and Management, Managing Change, Strategy
Tagged diversity, gender balance, inclusion, unconscious bias
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The Future of the Legal Profession According to the Susskind’s
Some radical developments are on their way for law firms – if not already happening! We have entered the Fourth Industrial Revolution (see below) and all those engaged in the knowledge professions need to be aware. Law firms might need … Continue reading
Why Law Firms Don’t Listen to Consultants
Partners don’t listen to outside advisors for several reasons – most of them good ones! Here are a few. I also provide some thoughts on what consultants could do more of, less of and differently to build better working collaborations … Continue reading
Diversity Fatigue in Firms?
In the week that Sherwood Consulting presented our findings on women in leadership roles in law firms there was an interesting Schumpeter column in The Economist. If you’re interested in gender balance and diversity in firms, read on… The column … Continue reading
Law Firms Need to Use More ‘Nemawashi’
The Japanese can teach us about decision-making and successfully implementing change. They use an approach called Nemawashi, which roughly translates as ‘smoothing around the roots before planting’. Toyota has pioneered the use of nemawashi (see http://blog.toyota.co.uk/nemawashi-toyota-production-system). Basically the nemawashi approach … Continue reading
Are Firms Paying Enough Attention to the Economic and Social Megatrends?
The world is changing and fast. That much we all know. But are we aware of just how quickly and in what radical ways? Clients obviously need to know this stuff. But advisors to clients need to know it too. … Continue reading
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