Your Commercial Growth Questions, Answered
-
Commercial Growth means developing sustainable opportunities to increase the value, quality and profitability of the firm's business. This includes strengthening existing client relationships, developing new markets, identifying strategic opportunities and improving commercial
execution.
-
Growth can come from developing existing relationships, increasing the value delivered to strategic clients, entering attractive sectors, strengthening referral relationships, developing practice areas and improving the firm's overall commercial capability.
-
Antonio assesses the firm's existing clients, markets, practice areas, relationships, positioning and commercial capability to identify where the greatest potential exists. The focus is on prioritised opportunities rather than pursuing every possible source of business.
-
Yes. Client development is a central part of the approach. This can include identifying strategic clients, understanding their wider requirements, strengthening senior relationships, identifying opportunities across practice areas and creating structured client-development plans.
-
Partners are fundamental. Sustainable growth depends on partners and senior fee earners being able to develop relationships, identify opportunities and contribute actively to the firm's commercial objectives.
-
Measurement depends on the firm's objectives but can include revenue growth, profitability, strategic-client development, new business, cross-practice opportunities, market development, partner performance and progress against agreed commercial priorities.