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| {{itstrategy}}
| | #redirect[[legaltech]] |
| ===Addressing the barnacle risk===
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| '''[[Strategic over tactical]]''': When drafting and updating templates *always* prioritise [[strategic over tactical]]. Say a new regulation has been introduced (I mean, just imagine!) which poses the question whether an existing form should be updated:
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| *really, does it? Challenge whether any change is necessary
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| **on economic grounds (could we lose money? How much? Realistically, how likely?)
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| **on regulatory grounds (could we be in breach of the law? What are the consequences?)
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| **on reputational grounds (could this affect the firm's franchise? How?)
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| *If the issue is important look to do so in a way that shortens and simplifies:
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| **take out specifics and render them as general statements
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| **remove optionality and complexity – this is a tech and management imperative.
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| {{C|Technology}}
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Latest revision as of 16:26, 9 October 2021