The Glue

James Stringer

This podcast is about and for Business Development (BD), Marketing and Communications teams in professional service firms.

  1. FEB 5

    How can we help achieve win:win commercial agreements with clients?

    In this episode, we’ll be exploring both sides of achieving win:win commercial agreements with clients. Typically that centres on the fees that we charge and are paid but can increasing is focusing on how we deliver work and the added value services we offer.  Buying and selling anything intangible, as professional services are, is clearly more nuanced than something that is tangible. But is it a science or an art?  Therefore, we will be considering questions including:  What do clients like and not like when it comes to professionals’ practices around pricing and commercial agreements? How can we make it easier for clients’ procurement teams to understand the value we can deliver?How do procurement teams address the challenge of buying intangible professional services? How can business development teams work well with pricing and procurement teams? To help me discuss these topics, I am joined by Beth Wallace and Stephen Cole who share their personal views on these topics.  Beth has over 30 years in procurement and supplier management roles including being Group Sourcing Director for a FTSE 100. She’s bought legal and professional services throughout hercareer as well as worked with law firms on a consultancy basis. Stephen is currently a Commercial Finance Manager at the international law firm CMS in London. He’s a specialist in Real Estate transactional pricing and has worked across a variety of practice areas and sectors. Previously he was an auditor at Grant Thornton in London, becoming a qualified accountant in December 2020.  Your host is James Stringer, a former BD Director and now trainer, consultant and coach on business development and bids.

    26 min
  2. 02/25/2024

    Do alumni programmes really deliver benefits for the firm?

    In this episode, we discuss alumni programmes. Are these just feel good and self-serving exercises to make professional services management teams feel that they are staying in touch with people who they no longer employ, or are they actually a two-way street where those who take part get benefits as well? We consider questions including:  What is the purpose of an alumni programme?  Is there any evidence that they have created a return on investment for the firm? Can any firm start an alumni programme or are there factors that make them more successful for some firms than others? If you want to start a programme, where should you start; and What is the future of alumni programmes?  I am joined by Wendy Goodridge and Richard Morrogh. Wendy has 16 years of experience building alumni communities.  She has established and led successful alumni programmes at several prestigious institutions including at Grant Thornton and is now the Global Head of Alumni Relations at international law firm Mayer Brown.   Richard was a former Managing Director in Citibank’s Corporate and Investment Bank and Alumni Director responsible for successfully building its EMEA alumni program, at the personal request of CEO post-2012. He is also a graduate of Cambridge University onto whose Alumni Advisory Board he was also appointed in October 2023. James Stringer is a former BD Director and now trainer, consultant and coach on business development and bids.

    20 min
  3. 02/02/2024

    Is ‘sales’ still a dirty word in professional services?

    While all professional service firms are seeking growth, having worked in big law and the Big Four, I recognise that different firm’s attitudes to sales vary from enthusiasm to seeing it as a dirty word.  Therefore, we will be considering questions including: Why does the idea of selling provoke such mixed reactions still?Can firms use sales professionals successfully either to augment or instead of the traditional partner model of revenue generation?If a firm wants to increase its sales effectiveness, where should it start?What will the role of BD be in relation to sales in the future?How successful have firms been in productising their services?To help me discuss these topics, I am joined by John Timperley and Lee Curtis. John Timperley is Managing Director of The Results Consultancy, based in London, which helps partners and senior professionals to win high value work through hands on coaching on live opportunities, as well as running sales training programmes internationally.  John is author of three books on business development in the professions. Lee Curtis is Managing Director of LINAR Consulting. Having worked in business development and sales roles across three continents within law firms for over 20 years, Lee feels confident he can unlock the hidden sales talents that lie within. James Stringer is a former BD Director and now trainer, consultant and coach on business development and bids.

    25 min
  4. 11/05/2023

    How do we contribute to a successful leadership team within our firm?

    In this episode, we explore what makes for a great leadership team in a professional services firm. In our careers as BD, Marketing and Communications professionals, many of us have already or will be asked join leadership teams and this episode seeks to explore how as non-fee earners, we can best influence and contribute to these teams.  We’ll be considering: - What factors contribute to great leadership. - How can a firm’s leadership best support and nurture individual practices which are often very diverse. - What creates a successful firm culture and how leadership champions that – especially when growth is essential for all firms. - How can leadership best support sales initiatives in environments as complex and diverse as a professional services firm. To help me discuss these topics, I am joined by Jason Haines and Eddie Bowman. Jason trained as a Chartered Accountant with Deloitte, later becoming a partner in Andersen and later joined PwC as Global CTO.  He was subsequently appointed as CIO of Allen & Overy and later became the Global CFO and Operations Director. Jason now works as a non-executive director and is a part-time Principal Consultant with PSFI. Eddie spent the early parts of his career in the oil and advertising industries. Following a stint at KPMG, he was hired by Arthur Andersen as its partner to run the Marketing and Business development function. He was subsequently Chief Marketing Officer at EY for 10 years followed by six years as the partner in charge of BD and Marketing at law firm Simmons & Simmons. Eddie now provides  consulting services.

    21 min

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This podcast is about and for Business Development (BD), Marketing and Communications teams in professional service firms.