July 11, 2024
Just like Taylor Swift shakes off the haters, you can shake off the perception of being just a transactional legal resource. Here’s how to "Shake It Off" and show your CEO the strategic value you bring to the table:
1. Understand the business strategy:
· Deep dive into business goals: understand your company’s short-term and long-term goals, key performance indicators (KPIs), and strategic initiatives.
· Align legal with business objectives: identify how legal initiatives and your work align with and support these business goals.
2. Proactive engagement: “I go on too many dates, but I can't make 'em stay” (if you want a date to go well, you have to be ‘there’!)
· Attend strategic meetings: be present in high-level meetings where business strategies are discussed.
· Collaborate cross-functionally: work closely with other departments to understand their challenges and offer strategic legal advice.
· Initiate strategic projects: lead or participate in projects that have significant business impact, such as mergers and acquisitions or risk management initiatives.
3. Communicate your value: “and the players gonna play, play, play, play, play” (sometimes you have to help people understand the rules of the game: training and reporting are key ways to do this)
· Regular reporting: create regular reports or presentations that highlight your strategic contributions.
· Success stories: share case studies or success stories where your legal input led to significant business outcomes.
· Educate and inform: conduct workshops or briefings for the executive team on emerging legal trends and opportunities.
4. Develop a strategic mindset: “baby, I'm just gonna shake, shake, shake, shake, shake” (we don’t recommend shaking as a strategy…)
· Stay informed: keep up to date with industry trends, market conditions, and legal developments.
· Think like a business leader: approach problems and opportunities from a business perspective.
5. Build strong relationships:
· Regular check-ins: schedule regular one-on-one meetings with your CEO and senior leaders.
· Be a trusted advisor: position yourself as a reliable and trusted advisor.
6. Professional development: “heartbreakers gonna break, break, break, break, break” (don’t be a heartbreaker, leverage your soft skills)
· Leadership training: participate in leadership or business strategy courses.
· Mentorship: seek mentorship from business leaders to gain insights into effective strategic thinking.
1. Initial assessment
· Review the company’s strategic plan and identify key areas for legal to add value.
· Schedule a meeting with the CEO to discuss aligning legal with business strategy.
2. Engage and align
· Attend strategic planning sessions and actively contribute.
· Collaborate with department heads to understand their goals and challenges.
3. Communicate and educate
· Develop and present a quarterly report highlighting strategic contributions.
· Organize briefings on how legal trends and risks impact the business.
4. Demonstrate value
· Lead a high-impact strategic project and document the outcomes.
· Share success stories in internal communications and meetings.
5. Continuous improvement
· Regularly seek feedback from the CEO and other leaders.
· Continuously improve your approach based on this feedback.
Embrace Change: Like Taylor Swift, don’t be afraid to evolve and adapt.
Stay Positive: Keep a positive attitude even when faced with challenges.
Be Resilient: Shake off setbacks and keep pushing forward.
By following this "Shake It Off" (Taylor’s Version) approach, you can show your CEO that you’re not just here for the transactional day-to-day stuff but are a strategic partner contributing significantly to the company’s success.