In the first article in this series, we introduced our ValueDynamics toolkit, a study with 25 leading in-house lawyers to identify and debate the new challenges that they face. The study seeks to share practical hints and tips from our participating clients and to suggest some models that can be used to work through day to day challenges.

In this, the second article, we consider in depth the first of four sections of our study: the Value Challenge. The Value Challenge underpins the other three: the Structural, Performance and Talent challenges. This is because it addresses the fundamental first steps that GCs believe they should take when bringing change and improvements to their role within organisations.