Published on:

General counsel use at least 12 of 25 popular business management tools

Management Tools and Trends 2007, at slide 14, reported on by Bain & Company’s Darrell Rigby, lists usage and satisfaction rates from 2006 for 25 well-known management tools. Of those 25, 12 of them general counsel use in various forms. I list them below as they are named and in order of decreasing usage percentage among the executives who responded.

Strategic planning and benchmarking (in the 80% range of usage); mission and vision statements, core competencies, and outsourcing (in the 70% range); business process reengineering, knowledge management, balanced scorecard, and total quality management (each in the 60% range); lean operations at 54 percent; Six Sigma at 40 percent; and offshoring at 37 percent. Admittedly, the penetration of several of these management tools is lower in law departments – especially balanced scorecards, lean operations, Six Sigma and offshoring.

We could even include “shared service centers” in the list, but it’s a stretch because that structure is usually forced on a general counsel.

As to satisfaction rates, business process reengineering, knowledge management and balanced scorecards received satisfaction scores significantly below the overall mean. Similar views might hold among general counsel.

Posted in:
Published on:
Updated:

Comments are closed.