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Editor’s Note:
Consider the Leading the Performance Management Initiative in the Litigation Management Strategy section of this issue as a continuation of the points made in the previous issue. It is important for litigation managers to appreciate that there needs to be a technology/strategic management match for successful execution of a performance management initiative. My John G. Kelly Report will bring you up to speed on the latest buzz that has taken place at the usual batch of conferences that deal with litigation management issues in corporate legal departments. You will note that, overall, insurance litigation managers are 1-2 years ahead of corporate legal departments on a matters pertaining to bill review. On the other hand, many insurers are in the early stages of implementing convergence programs. All of the conference sessions on convergence have only good things to say about it, which provides you with confirmation that you are on the right track. The title the Ideas book review, Hard Facts Dangerous Half Truths & Total Nonsense speaks for itself about the subject matter. It is a great book for confirming that many of the doubts you have had and probably still have about the rationale for strategic decisions are probably correct. However, I have put this book on the recommended read list for litigation managers more for the solid advice it provides on how to make decisions based on solid evidence rather than canon fodder for negative thinking. That supports the mission of the Litigation Management Report and the direction in which litigation managers need to keep moving.
Regards,
John G. Kelly
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Management Strategy |
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Leading the Performance Management Initiative
Introduction
Notice the absence of the word “charge” in the title to this article. Assuming a leadership role in performance management is not about leading a charge and taking no prisoners in a drive to get control of the litigation management program. On the other hand, you cannot just muddle through it. Ecosystem-sensitive driven methodical execution is the operative phrase that describes a successful litigation performance management program. I know that it is a jargon-sounding mouthful, which is why I am going to take the balance of this article to explain what it means... click here
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G. Kelly Report |
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Conferences Theme Summaries
Introduction
How many times have you attended two seemingly unrelated conferences in the same year only to find yourself saying “I’ve heard this already” at the second event? Attending new conferences and getting old news is not an effective use of your time or budgeted professional development resources. One of my functions as your editor is to attend those conferences and act as a filter for you. Here are the main themes that have emerged from this year’s batch of Winter/Early Spring conferences to date ... click here
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Hard Facts Dangerous Half Truths & Total Nonsense
Jeffrey Pfeffer and Robert Simon
Harvard University Press (2006)
Although we live in a knowledge-driven economy, many of the decisions we make and actions we take are driven by at best half-truths and more often than not by total nonsense. One of the perverse side effects of this is that we do have hard facts to demonstrate how embarrassingly accurate that assertion is. If you want proof, take a look at your own investment portfolio and see how many of your stocks are devalued because of one or some of those mega-mergers that are based on the half truth that stock market value driven combinations are guaranteed to generate tremendous synergies and cut operational expenses but in fact have created a muddled and befuddled out of control corporate monster... click
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