article thumbnail

Why Law Firms Need IT Policies

Kraft Kennedy

Why Law Firms Need IT Policies Is it okay to store your password on a post it note on your computer monitor in your personal office? In o rder to appreciate why law firms need IT policies, i t’s important to first identify their purpose. Is it acceptable to use your family computer to access your firm’s work product?

article thumbnail

How Consulting Travel Might Change after COVID-19

Tom Spencer

How will COVID-19 affect client travel? Client travel has been seriously impacted by COVID-19, and no one really doubts that regular client travel will come to an end. Despite the benefits of in-person meetings, client travel faces two key challenges. Travel is paid for by the client. How might travel change?

Travel 88
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Leadership Tip #13: For Innovation, Remove at Least One Policy or Procedure a Week

Johanna Rothman

Some managers wanted to prevent Bad Things from happening in the organization, so they added policies or procedures. However, the policies and procedures increase friction and make it harder to get the Right Things done. It's time to start removing some of those policies and procedures. Yet, the policies and procedures remain.

Policies 131
article thumbnail

Travel, Training and Mentorship

Tom Spencer

Three significant aspects in the life of a management consultant: travel, training and mentorship. When it comes to travel, different consulting firms have different policies. McKinsey consultants often spend Monday to Thursday at the client site with Fridays in the office.

Travel 60
article thumbnail

Sustainable Aviation: Emerging Trends and Opportunities

Tom Spencer

If the aviation industry continues down the path of high CO 2 emissions, what will happen when new aerospace markets open: sub-orbital travel, supersonic flight, and space hotels? Sub-orbital travel, popularized in 2021 by Jeff Bezos, Richard Branson, and Elon Musk, is projected to become a $3.5 Policy Incentives.

Trends 88
article thumbnail

The Fed: Chairmen More Powerful Than Presidents

Tom Spencer

economy, which in turn impacts economic growth and government policies worldwide. trillion in Treasury securities between March and June 2020, spending on non-essential items like travel and entertainment continued to decline due to the government imposed lockdowns and resulting economic uncertainty. Federal Reserve.

Banking 88
article thumbnail

Business Ecosystems: Building Stronger Connections

Tom Spencer

For instance, Elon Musk is aiming to transform Twitter into the X superapp , which will presumably emulate the example of WeChat in China by offering everything from digital payments, financial services, shopping, ride hailing, and other travel services.