Association of Corporate Counsel’s Post

Please join me in congratulating Brandon Llewellyn on his first solo contribution to the Parakeeto blog. 🎉 In fairness, Brandon helps write most of the content that is published under my name as well. What's special about this post, however, is that everything, including the idea for the topic, was all him - no input from anyone on the team. This gets me excited for a few reasons: 1. It's another great example of how to apply these fundamental unit economics we spend so much time focusing on at Parakeeto to another real-world use case... figuring out the ROI on a process improvement. I think he nailed it! 2. Even though his job doesn't require him to develop deep expertise in agency profitability metrics - he's doing it anyway and applying that knowledge in this kind of way. It's a reminder of how lucky we are to have him on our team and the level of expertise he's been developing during his time here. 3. I can finally pack up my wooden backdrop, ship it to Brandon, and let him take over content creation at Parakeeto from here on out! (Just kidding, don't worry Brandon, you're safe... for now.)

Ever wonder if it's worth it for you and your team to spend time and effort on processes and SOPs? A scaling agency will outgrow their processes...fast. This will render your SOPs obsolete 🙈 On top of that, time spent on process investments for digital service firms is time not spent delivering work. It's a tough sell, but I worked through some of the high level math on how to find the ROI in process improvements in this article. https://lnkd.in/gFcuVbb4 #ProcessExcellence #OperationsMatter

Is a turnkey technology approach something you've got in place? For our manufacturing friends, check out this insight and see if you agree #Manufacturing #M&D #technology #IT #CIO #CFO #CEO #turnkeytechnology #strategicsolutions #finance #accounting #audit #tax

🚀 𝐔𝐧𝐥𝐨𝐜𝐤𝐢𝐧𝐠 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐅𝐚𝐦𝐢𝐥𝐲-𝐎𝐰𝐧𝐞𝐝 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 🌟 Family-run businesses, though often pioneers in innovation, can find digital transformation daunting. To succeed, they should focus on efficiency and innovation, shun silos, select the right transformation pathway, create a digital thesis, and foster an agile board culture. Here are key insights: 1️⃣ Prioritize Efficiency and Innovation Balance automation and innovation for a stellar customer experience. Repurpose services like Lego bricks for flexibility and efficiency. 2️⃣ Avoid “Silos and Spaghetti” Streamline processes instead of creating new ones from scratch. Optimize key tasks with plug-and-play solutions. 3️⃣ Choose the Right Pathway Opt for a transformation strategy aligned with your business goals. Incremental or complete transformation? Tailor your approach. 4️⃣ Craft a Digital Thesis Deliberate and align on the transformation pathway. Develop clarity on goals, approach, and necessary investments. 5️⃣ Foster an Agile Board Culture Engage boards actively in transformation efforts. Cultivate trust and a growth-oriented, experimental culture. Success in the digital era hinges on strategic, trust-driven transformation. Embrace change for a future-ready family business. 🌟💼 #DigitalTransformation #FamilyBusiness #Innovation #Efficiency #AgileCulture #BusinessStrategy #FutureReadyCompanies

For many law firms, the daily grind of manual billing processes and time tracking can often lead to: ✅ Chaos ✅ Inefficiency ✅ Frustration Our latest video highlights the benefits of automated billing and time tracking for legal practices and how it combats those time-wasting elements. #LegalTech #Automation #TimeTracking #Billing #LawFirms #Software

Studies show that 60% of GDP in South America, 70% of GDP in India and 54% of GDP in USA, come from family owned businesses. worth checking as digital transformation is still in high demand. Liked that the article points 4 paths to go about DT.

A sure-fire way to understand your organisation better and identify opportunities for efficiencies is via the use of #ProcessMapping. In this article we look at 5 common Process Mapping techniques that have stood the test of time. Yes, we know the article could be much longer and have numerous more examples, but we want to hear from you; What tools or methods have you used in your organisation? #Optimisation #NewLaw #ALSPs KorumLegal

I’ve spent the bulk of my working in life in #ProfessionalServices / #Consulting as a profession one of the most important aspects of being a successful consultant or advisor is your toolkit and what you have in it. Understanding and being able to work with clients to map their processes is one of the biggest/sharpest tools you can have. It gives you a deep understanding of the business, helps you understand their challenges and more importantly where their opportunities lie.  And depending on the organisation you are working with there are different #ProcessMapping models to choose from. Understanding what works best in your environment is critical, in the article we explore some of the options available to you. KorumLegal #legalconsulting

Did you know that nearly 40% of organizations struggle to define responsibility in their contract management workflows? It's time to change that! 📑✨ 👉 Dive into the details: https://hubs.li/Q02p8CJL0 Key Takeaways: ✅ Understand the typical contract management workflow process ✅ Identify common pain points and inefficiencies in manual processes ✅ Uncover the transformative power of workflow automation with AI-powered CLM solutions ✅ Learn how to set up and implement contract management workflow automation effectively ✅ Explore essential features to look for in CLM workflow automation tools ✅ Discover the role of AI and intelligent automation in optimizing contract workflows #ContractManagement #WorkflowAutomation #AIinBusiness #MalbekAutomation #DigitalTransformation

If you are an Engineer in Medtech you will recognise the amount of time struggling with other people's demands. I would add to this list struggling with Microsoft word. Coming soon my best tips for putting word back in its place and getting your sanity back. #medtech #productivity