Strategy

strategy-advice-for-law-firms-partners“All of the Partners agree that we have derived huge benefit from the quiet, careful and thoughtful way Stephen Gold has provided advice.  He listens, analyses, spots the flaws and is always constructive.  He understands the law, the business of the law and best of all he understands lawyers.  If law firm consultancy is a commodity then Gold is best value!”

 Managing Partner, leading national firm.

Stephen’s input and guidance in strategic discussions, whether on a one-to-one basis or at board level, make him an invaluable confidante. I would not hesitate recommending Stephen to any business or individual requiring a dedicated, objective, and thoroughly professional consultancy service. Stephen provides first rate advice and measured opinion, and it is self evident that this is drawn from his own highly successful career.”

Partner, Insurance Litigation

In the firm I founded and where I was Senior Partner for almost 30 years, I was at the heart of devising and implementing strategies which took us from a suburban sole practice to leading UK player in all our key markets.

For me, the best definition of business strategy is the classic coined by Bruce Henderson, founder of Boston Consulting Group:

A deliberate search for a plan of action that will develop a business’s competitive advantage and compound it.

This is a short phrase, but the journey from conception to realisation is not so short. Nor is it always completed. The road to professional firm hell is littered with discarded strategic plans.

Successful strategy relies on two elements: the original conception and effective implementation. No two firms are the same, but the challenges are similar:

  • Analysing correctly the opportunities and threats, both internal and external.
  • Assessing honestly the firm’s strengths and weaknesses
  • Setting the right goals, then leading, motivating and communicating so that the whole organisation strives in unison to achieve them.
  • Having the guts to commit the hard cash and resources necessary to make ambition reality.

Today, I work closely with many different kinds of firm to achieve their goals. I offer my clients deep knowledge and experience, an independent mind, and a passionate commitment to their success.

If you would like to discuss without obligation and in confidence how I can help you, please call me on 07968 484232, or email me at stephen@stephengold.co.uk.