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Scottish Young Lawyers’ Association. Brand, Strategy & Leadership Andrew Otterburn. BRAND. A brand is the attributes by which a firm identifies itself and is known outside and which reflect the way the firm handles its clients and its staff James Dallas, Dentons.
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Scottish Young Lawyers’ Association Brand, Strategy & Leadership Andrew Otterburn
A brand is the attributes by which a firm identifies itself and is known outside and which reflect the way the firm handles its clients and its staffJames Dallas, Dentons
The 3 components of a brand’s vision Future environment Brand’s vision Values Purpose De Chernatony, 2006
Values • Enduring principles that impact our behaviour • Consider why you left a previous firm? • What was it that made you say enough is enough? • Values of trust, consideration for others Fiona Westwood – Accelerated Best Practice 2008
Examples of values Values of consideration, respect for others and teamwork Values of job satisfaction Values of security and trust Values of client service, confidentiality and integrity Fiona Westwood – Accelerated Best Practice 2008
Using values • Apply them in practice. For example, values of: • integrity – behave with openness and honesty • team work – reward and bonus structure should reflect this • mutual respect – people must behave in that manner • Avoid anything that undermines trust and core values Fiona Westwood – Accelerated Best Practice 2008
What would you say the values of these firms are? • Lindsays • MacRoberts • Dundas & Wilson • Brodies • Morton Fraser
Successful firms? • Understand their brand and its values • Have a plan • Have leadership • It is a business • Are focused on particular markets/sectors
ebay resolves about 60m disputes a year between vendors and buyers via its online dispute console which allows users to track, manage, resolve or close disputes – without the use of lawyers. Richard Susskind
Quindell Portfolio Plc ...Quindell Portfolio Plc is a provider of sector leading expertise in Software, Consulting and Technology Enabled Outsourcing in its key markets being Insurance, Telecommunications and their Related Sectors... Rob Terry
Developing a plan • What is our market? • geographical • sectors • Where are we in that market? • Where are we aiming to be? • What are our values? • What is our overall target market position?
Developing a plan • What is our market? • geographical • sectors • Where are we in that market? • Where are we aiming to be? • What are our values? • What is our overall target market position? Structures Leadership? Key people?
Developing a plan • What is our market? • geographical • sectors • Where are we in that market? • Where are we aiming to be? • What are our values? • What is our overall target market position? Department / team / sector plans Merger possibilities? Technology / outsourcing / processes Alliances / networks Structures Leadership? Key people?
Developing a plan • What is our market? • geographical • sectors • Where are we in that market? • Where are we aiming to be? • What are our values? • What is our overall target market position? Getting out and about Looking for opportunities Getting there first Department / team / sector plans Merger possibilities? Technology / outsourcing / processes Alliances / networks Structures Leadership? Key people?
“You don’t have to be perfect, just discerniblybetter than your competitors at the things that matter most to your clients.” Andrew Headley
Management? • Leadership • Management • Administration
Managers administer Managers maintain Managers ask how & when Managers focus on systems & procedures Managers rely on control Managers take a short term perspective Managers accept the status quo Managers do things right Managers and leaders Warren Bennis
Managers administer Managers maintain Managers ask how & when Managers focus on systems & procedures Managers rely on control Managers take a short term perspective Managers accept the status quo Managers do things right Leaders innovate Leaders develop Leaders ask what & why Leaders focus on people Leaders inspire trust Leaders have a longer term perspective Leaders challenge the status quo Leaders do the right things Managers and leaders Warren Bennis
Unmotivated Inaccessible Gave no praise Did not lead by example Criticised in public Did not deal with problems Defensive Not team player Disorganised Poor managers
Listened Humour Led by example Protected team Good communication: Work Career progression Interested Celebrated success Good role model Inspired loyalty Fought our corner Gave praise Trust Decisive Aware of team Genuine Thoughtful Well organised Good managers
The right people A plan
The right people A plan Leadership
8 partners + 30 other lawyers 30/8 = 3.75
8 partners + 30 other lawyers £6,453,000/ 8 = £806,000 30/8 = 3.75