Designing for superior business performance
A guide for technology, creative and startup leaders
"No man is above the law, and nor below it.”
Franklin D. Roosevelt
Choice 2: Where we play - Assess opportunities, obligations and threats
Assess opportunities and threats from the legal trends and events.
In this chapter
Assess legal factors that can affect the demand for your value proposition, or the attributes of your value proposition to maintain relevance and demand.
Assess legal factors that can affect your costs of production or cost of supply or supply availability.
Introduction - legal factors driving change
Describes the trends, events and implications from legal actions, events, and decisions upon expectations for the demand and supply for the products / services the business produces or could produce.
Legal assessment
Capture, investigate and sustain (journal style) the relevant legal trends and events for each type of environmental / sustainability influence.
Industry specific regulations
Events and trends related to industry specific regulation e.g. operating hours, increased capital requirements, permit requirements, privacy requirements
Observations |
Record your observations in here e.g. Taxes for customer segments we serve are proposed to be reduced. What are you seeing? |
Beliefs |
What do you believe are the implications for the industry segment from these observations? e.g. Consumers will have more disposable income after taxes. What are you believing? |
Expectations |
What are your expectations from this / these beliefs. Consumer demand may not increase as usually expected, from an increase in consumer income, until consumer confidence picks up following stabilisation of inflation, interest rates and energy costs. What are you expecting to happen? |
Consumer protection laws
Events, trends and obligations related to laws guaranteeing consumer right when buying goods or services.
Observations |
Record your observations in here. What are you seeing? |
Beliefs |
What do you believe are the implications for the industry segment from these observations? e.g. Consumers will rightly expect moral businesses to uphold their consumer right. What are you beleiving? |
Expectations |
What are your expectations from this / these beliefs. e.g. Processes to be established to ensure capability to meet updated laws. What are you expecting to happen? |
Intellectual property protection
Events, trends and obligations related to laws assuring the protection of intellectual property.
Observations |
Record your observations in here What are you seeing? |
Beliefs |
What do you believe are the implications for the industry segment from these observations? What are you believing? |
Expectations |
What are your expectations from this / these beliefs. What are you expecting to happen? |
Pollution and waste management
Responsible pollution and waste management opportunities and expectations influencing demand, supply or production costs in this external environment.
Observations |
Record your observations in here |
Beliefs |
What do you believe are the implications for the industry segment from these observations? |
Expectations |
What are your business expectations from this / these beliefs. |
Other
Other legal events or trends e.g. licensing
Observations |
Record your observations in here What are you seeing? |
Beliefs |
What do you believe are the implications for the industry segment from these observations? What are you believing? |
Expectations |
What are your business expectations from this / these beliefs. What are you expecting to happen? |
Summary
Legal factors and responsibilities influencing demand and business operations.
Observations |
Record your observations in here What are you seeing? |
Beliefs |
What do you believe are the implications for the industry segment from these observations? What are you believing? |
Expectations |
What are your business expectations from this / these beliefs. What are you expecting to happen? |
Continue your assessment
Continue on to the Next section to start with an assessment of what globa; factors could influence current and future demands for your value proposition or the cost to deliver it. You can do this for each of your where to play arena(s), or return the Guide home to choose a different option.
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