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10 Ways To Improve Business Development William J. Flannery, J.D. The WJF Institute THE WJF INSTITUTE© All rights reserved 2010
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1.The firm’s leadership needs to have a formal inspection process for business development to compare team performance. 2.Key clients of the firm need to have client-focused teams that have standard metrics for performance. 3.The client-focused team members need to have effective business development skills, especially face-to-face meetings with clients. THE WJF INSTITUTE© All rights reserved 2010 10 Ways To Improve Business Development
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THE WJF INSTITUTE© All rights reserved 2010 10 Ways To Improve Business Development, Cont’d. 4.Each lawyer needs to have a firm-wide business development process in place to grow market share within key clients. 5.Marketing and business development needs to be fully integrated. 6.Each client-focused team will need to have a firm-wide standardized planning process for driving to greater market share. 7.The client-focused team members will need to have a high level of collaborative team skills.
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10 Ways To Improve Business Development, Cont’d. 8. The firm will need clear data on opportunity by client, market share by client, practice area, and geography. 9.There will need to be a long term formal change process in place to become more client-focused using teams. 10.The marketing/business development professional will need a new set of skills to accomplish key client team objectives and drive market share. THE WJF INSTITUTE© All rights reserved 2010
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Please send us your comments: William J. Flannery, J.D. The WJF Institute 11044 Research Boulevard Building A, Suite 110 Austin, TX 78759 512-338-1758 Fax 512-219-1200 flannery@wjfinstitute.com www.wjfinstitute.com flannery@wjfinstitute.com www.wjfinstitute.com Thank You! THE WJF INSTITUTE© All rights reserved 2010
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