Wednesday, April 20, 2011

Strategy as it should be.

Bruce MacEwen's "Third in Our Series on Strategy: Bad Strategy" on his blog Adam Smith, Esq. Think you've got strategy? Then you need to read this post, which is easily one of the best pieces on law firm strategy I have read (and I read a lot of 'em). Law firms are notorious for spending time, money, and resources developing strategic plans that do little more than confirm a broad range of unrealistic assumptions, about the market, the firm, the competition, the potential for increased revenue. Not on purpose, mind you. It just happens. Because they fear dissent if everyone doesn't have a voice. Because they think if they want something bad enough it will come true. Because good strategy is hard: it requires making difficult choices, admitting weaknesses, setting unpopular priorities. MacEwen's post can help you break that cycle. If you heed his advice, that is:
"Doing it the hard way-the right way-may be more painful in the short run, but anything else is sure to be far more painful in the long run."

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