#DILO – A Day in the life of an RKC Student – Ms. Hall 

Through the #DILO series of blog posts, we have been bringing you insights into our master’s students’ lives, sharing their thoughts and opinions, ups and downs, and key learning points during their online studies. The whole idea behind this series is to make you aware of the realities of online studies and help you in decision making.    

Here are a few insights and some words of wisdom that one of our online master’s students had to share from her own experience.  

Who you are, really?  

Nicola Hall, a full-time employed junior manager, with a small family, including a primary school child.  

Which Uni are you studying at?  

University of Salford  

University of Salford

Which programme did you choose and why?  

I chose Procurement, Logistics and Supply Chain Management because of the growth in demand for skills in the field.  

How did you plan to study each module, and what was the reality? How many hours did/do you have to put in each day/or in a week?  

I had planned to devote five to six hours each evening for four days a week to the module, and 8 to 10 hours on the weekends spread conveniently. The reality was that I sometimes barely got 2 hours of work done after getting home from work. I had to get my time covered in patches during the night after resting for 3 or 4 hours. I got no work done most Sundays, so I ended up doing a great deal on Friday and Saturday nights. Coming closer to when my assignment was due, I had to take a few days of study leave away from work and give it 10 to 12 hours a day.  

The best time to study is night time or early mornings before going to work

What part of the day did/do you find most suitable to study? (e.g. early mornings, lunch break, evenings, weekends?)  

My best study time is at nights; the next option is early morning before getting ready for work. Friday nights were very good for me as well, as I didn’t have to get up for work on Saturdays.  

How did travelling impact your ability to study?  

The only travelling I did was my daily commute, which was 2 hours of driving time. After RKC launched their mobile app, I used my travel time to listen to lectures and go over to catch up on anything I may have missed.  

How were you able to interact with peers and/or professors given the time differences?  

Being mindful of the time difference, I would send my email/queries in the evening and check my email early the next morning for a response. I had a few colleagues with whom I worked closely given our cultural background, and I kept a mental note of the time in their region if I needed to call or instant message. It worked out pretty well once the time difference got stuck in my mind.  

How much time did you devote for each assignment?  

I tried to start working on my assignment from the second week. And throughout each day, I may get ideas that contribute to the assignment, and I’ll make a note on my phone.  

What does a typical day as an Online Masters’ student look like for you?  

I get up at about 3 am and get some theory covered by 5:30 am. Then I will get an hour’s rest and begin getting ready for work. While I’m making breakfast, I may have Microsoft Edge read an article in PDF to me. Once at work, I don’t usually have any downtime; I’ll use my lunch break to really have a break and not rush my meal. But when work ends, I’ll spend the rush hour at my desk doing some schoolwork instead of sitting in traffic. After getting home and attending to any home affairs and kids homework, I would settle into my own studies at about 10 pm. I will go online, read through the forums, research for any weekly assignments given, then make my own contribution. I go to bed at about 1 am and go at it again the next day. On the weekend I’ll make sure to get time with the family and go to my schoolwork when they are asleep.  

Any advice you have for students to better plan their studies.  

It would be ideal to go on study leave to pursue your masters, but if that isn’t possible, the Robert Kennedy College online master’s degree program is such a flexible program. There is usually a break in-between modules, and this time should be utilized to get up to speed on theory ahead of classes beginning and assignments being posted. Always seek to defer a module if you feel pressured but do use the free weeks in between to focus on covering as much theory as possible.  

If you have been dreaming of joining a master’s programme or have had this personal goal to gain a higher degree, now is the time! Take the valuable advice from our current students, gain from their experience, add your own unique study strategies, and make your own success stories! I would love to feature you one day on our college blog.  

Chat LIVE on WhatsApp with one of our Education Advisors for more information on all the programmes we offer, application process, and for information on discounts we might be offering at this time. 

4 ways in which International Business Law affects trade

In the global economy that we live in today, everything and everyone is connected and inter-dependent. The demand for companies to grow multi-nationally has grown exponentially since the pandemic started last year. Internet boom in the late ’90s and 2000s had been instrumental in the dramatic rise in international business. Now, it seems to have exploded manifold.  

The scale and scope of business operations are not limited to one country. While the raw material is procured in one country, it is manufactured or assembled in a different country and marketed and sold in yet another. Businesses have crossed boundaries set by a country’s borders. They operate and thrive on foreign land. It is however not the same as operating in the homeland. Before setting foot on the foreign land and expanding, a business must familiarise itself with the land’s laws, legal system, social and economic conditions, political system, and culture. All these factors have a significant impact on the running of the business and its bottom-line.  

Laws affect every business, whether it is being operated as a ‘brick and mortar store or selling goods/services online. Different countries have different legal systems established to protect the country’s economy and trade and preserve their social, economic, cultural, political environment.

National governments have an important relationship with global businesses. Governments tend to control and manage their trade relationships with an array of policies like taxation laws, tariffs, subsidies, currency controls, import-export policies, free-trade zones, and so on. For instance, China is a Communists government, and the government formulates and strictly controls all business sector laws.

On the other hand, India has a democratic government, and business laws are made to protect small businesses and consumers.

There are three types of legal systems: 1. Civil law, 2. Common law and 3. Religious law. Countries like the United States, India, and Australia use common law systems; Germany, France, and Russia use civil law systems and countries like Pakistan, Middle Eastern countries, Saudi Arabia and Iran operate on Islamic laws. Therefore, it is imperative for any business to fully understand the legal system that it is going to operate in and abide by its rules and regulations for conducting a business.  

Here are four ways in which international business law affects trade and things every business must research well before venturing into the country or region to avoid any failures:  

1.   Taxes  

Taxes take a major cut out of a company’s profits. When it comes to taxes, companies should do their homework well. From how much taxes are levied on the goods and services, manufacturing or selling, to how the taxes should be charged, i.e., either include taxes in the sale price or charge extra tax, the businesses must follow the standards set by the law. Companies like to operate in countries that offer attractive tax regimes with low tax rates on income, capital gains, and dividend income. Singapore, for these reasons, has been one of the most popular locations for companies to set up offices in the country and enjoy its lowest corporate tax rates.  

2.   Intellectual property  

Legalities around intellectual property can be complicated and expensive. Trademarks, copyright, and patents are intellectual properties that every business needs to guard and protect. Countries take extra measures to attract international business by establishing stringent IP protection laws and reducing piracy. Governments across the world have established several acts and international conventions to protect international businesses and resolve issues if any arise. The Paris Convention for the protection of Industrial property, the United Nations Convention on contracts for International Sale of Goods, the Foreign Corrupt Practices Act, the Madrid Protocol, the Singapore Treaty, the Nice Agreement, the Patent Law Treaty and the Hague agreement are a few of the many international treaties formed to protect international business and trade.  

3.   Supply Chain and Infrastructure  

Establishing an effective and efficient infrastructure is the backbone of any successful business. Cheap sources of raw material can help companies to have huge profit margins. International business laws exist that regulate international shipping, export and import duties.  

4.   Labour Laws  

While cheap labour attracts foreign investment into a country, labour laws exist to protect human resources from any exploitation. The textile and footwear industry are among the many industries that have shifted their manufacturing operations to Asian countries that offer cheap labour. The Rana Plaza collapse, an incident in a Bangladeshi factory, happened in 2013 but is still fresh in the memory of many who lost their near and dear ones in this event. The plaza collapsed, killing thousands of its workers due to large structural cracks and poor labour protection laws. The incident stirred up an international movement and led to the establishment of International Labour Law (ILO). The ILO is the source of international labour law that is embodied in its Conventions, recommendations and the documents that emanate from the supervisory mechanism responsible for applying those international labour standards.  

These are a few of the things that any organization should take into account before venturing out into international business. If these legalities are correctly taken care of, legal counsels suggest that companies can maximise their bottom lines and enjoy huge revenues and profits. If International business law interests you or you would like to understand it better, join our one-year Online Master of Laws programme specialising in International Business Law. 

Is your company competitive? Here are 4 strategies to make it one! 

“No competition, no progress”

Bela Karolyi 

I could not agree more with the world-renowned Hungarian-born Romanian American gymnastics coach, who transformed gymnastics coaching in the US and was responsible for bringing home numerous international laurels. His words are not only applicable in sports but are equally fitting in the business world as well.  

Businesses do not operate in isolation. Gone are the days of monopoly where companies could dominate a market or industry. Today, in the fast-moving-digital-world, every business, big or small, faces stiff competition to hold a fair share of the market.  

Carefully analyze company’s competitive environment when formulating a business plan

When formulating a business plan, it is essential to analyse the company’s competitive environment. The competitive environment is the intricate external system in which the business operates and comprises of several factors or elements that affect and shape the industry. These elements include, and are not limited to:  

1. Competitors – Direct and Indirect  

2. Government regulations and laws  

3. Suppliers  

4.  Substitutes  

5. Technological trends  

6. Demographic Composition  

7. Network of Distribution  

8. Corporate culture  

Industrialists, innovators, and entrepreneurs need to think critically about these factors that affect the company’s profitability and success. (Also, check out our blog on 7 ways to improve critical thinking). It is imperative to understand the competition landscape and scope. This is necessary to prepare the kind of resources, investment, and technology required to build a sustainable and profitable business. In the good ol’ days, companies could thrive with little or no competition. In comparison, companies now must adopt new and innovative means to compete with other firms in the business environment and to have a competitive advantage over them. Strategic forecasting, planning, and implementation can lead to success in competition. Various strategies can help businesses build undefeatable and sustainable products and services.  

Caption – PESTEL model (reference)

Here are 4 strategies that can help build competitive advantages for your business:  

1. Cost Leadership  

Businesses run for profit. By definition, profit is a financial gain realised due to the difference between the amount earned and the amount spent on buying, operating, or producing a product or a service. It is one of the oldest tricks in the (business) book to be a cost-leader. When a business decides to pursue the cost-leadership strategy, it vows to provide the goods or services at a competitively lower price than any of its rivals can ever offer.

Such firms operate on the lowest cost structure, have reasonable control over the entire supply chain, suppliers, and raw materials, and have tight controls on the whole value chain activities. Walmart, IKEA, McDonald’s, Primark, and RyanAir are a few examples of firms that attribute their business success to a cost-leadership strategy.  

2.  Differentiation  

“You can’t look at the competition and say you’re going to do it better. You have to look at the competition and say you’re going to do it  differently”.

Steve Jobs  
Why HERMES?

Offering a low-cost product is not always an option in a competitive environment. Different consumers have different demands. Companies, by providing high-end quality products, also influence many customers’ buying decisions, who would otherwise choose the cheaper alternative. Even though companies always intend to keep their costs low, they are willing to spend on research and development costs, marketing, customer service, or innovation to develop a niche product or service, for which consumers are willing to pay a premium price. Apple, Starbucks, Tesla, Tiffany & Co., Emirates, and Hermes are examples of companies whose thoughtful approach to differentiation and compelling storytelling strategy makes millions of consumers spend premium prices for their products and services.  

3. Focus  

This strategy is quite different from the above two strategies. Business here focuses its primary strategy, i.e., operating at a lower cost or adding value but on a limited market, much narrower in scope than the broader cost leader or differentiator. The company intends to make concentrated efforts based on either a particular buyer group, geographic uniqueness, a unique product line, or a special attribute appealing to a niche customer class to cater to the specific demand of a limited number of customers. Gucci, Rolls Royce, Diet Coke, NetJets, and DC Design are a few examples of companies that have successfully adopted the focus strategy.  

4. Strategic group  

“Anytime you find someone more successful than you, especially when you’re both in the same business, you know they are doing something that you aren’t”. 

Malcom X  
The Cosmetics Industry has close knit competition and companies follow similar strategies to build competitive advantage

Groups of businesses of comparable size and range that operate in the same industry and follow the same strategies to build competitive advantages are termed strategic groups. The competition is so closely knit in such environments that even a small movement by the competitor affects the others’ market position. It helps build a strategic group map to identify businesses’ closest competitors and evaluate how your company is positioned in the industry. Common examples of strategic groups are the restaurants, retailers, cosmetic brands, and the aviation industry.  

These are four strategies, more commonly known as Michael Porter’s ‘generic’ business-level strategies as these can be applied to any business, by any firm in any industry.  

Which strategy do you think is the most powerful in building a competitive business advantage in your own context? Share your thoughts and ideas in the comments below.  

How to declutter your life and get more organized

It has been on my to-do list since as far as I can remember - to declutter my life and get more organized. While I do get organized occasionally, it does not usually last for long. It is more of an effort than being a habit or a blessing to be born with.  I believe one wins half of their battles, personal or professional, if they are organized. Other attributes, such as better time management, efficiency, etc., are correlated and codependent. 

Better time management and efficiency are co-related

Moreover, this is one of the most common advice our current students and alumni give to the prospective students: to be organized right from the beginning of the master’s programme (please follow our #DILO series for more alumni experience and advice).  

“Clutter is the physical manifestation of unmade decisions fueled by procrastination.”  

Christina Scalise  

We usually see clutter as a tangible physical item around us. However, clutter exposes a much deeper issue than what you can see with naked eyes. It stems from a mind full of unmade decisions. It may be seemingly small initially: clutter permeates every aspect of your life, affecting your personal and professional lives. One may feel overwhelmed, anxious and defeated even with simple things in life.   

Though it is not an overnight process, and the inherent procrastination will make it even more challenging to achieve, decluttering brings with it a plethora of benefits. It may require a great deal of motivation and inspiration.   

Here are some benefits of decluttering:  

  1. Less is more: Minimalism as a way of life. The fewer things you have, the fewer things you have to worry about.   
  1. Improves focus: With fewer things to manage, you will have improved focus on things that matter the most.   
  1. Save time and energy: While earlier you could be struggling to find time to finish even basic tasks, you will be surprised to have adequate resources to start the book you always wanted to read or hobbies and passions you wanted to pursue.   
Decluttering helps save time and energy
  1. Builds confidence: You will feel more confident when you are in-charge and in-control of your life.   
  1. Better decision making: Once you master the art of decluttering, you will become better with your decisions.   

Now, it is easier to preach than to practice. But I found some easy and effective ways to declutter life and become more organized overall. Here are five ways how:  

You’ll never get organized if you don’t have a vision for your life.

Linda L. Eubanks
  1. Have a vision: It is challenging to plan a journey if you do not know your destination. So, it is essential to set the ground right with an unobstructed vision for your personal and professional goal.   
Have a vision for a personal and professional goal
  1. Start small: Living in a cluttered environment brings a lot of stress and anxiety. Even after gathering all courage and motivation to declutter your life, it might be overwhelming to bring in the new change. Start by taking small steps and get accustomed to the changes.   

“Tidying is the act of confronting yourself.”  

Marie Kondo
  1. Be true to yourself: Everyone has some idea (and if not, they should!) of their strengths and weaknesses. Make a concerted effort to win over your weaknesses (and play to your strengths) and make sure weaknesses do not hinder the achievement of your goal.   
  1. Make a schedule/calendar: Create a daily schedule for yourself and note down your priorities. Cluster similar tasks and optimize them. When you are set in the routine, make weekly and monthly tasks’ schedules and write down everything. The calendar will help you stay focused and enables you to stick to your priorities.   
Create a schedule and set your priorities
  1. Be positive: It is essential to remain positive during the entire process of decluttering. As it is a gradual and ongoing process, do not lose your calm or give up. Stay focused on the benefits you would receive from decluttering.   

How do you declutter your life and become more organized? Share your thoughts in the comments below. 

#DILO (A day in the life of) a master’s student – Nicole

Through the #DILO series of blog posts, we have been bringing you insights into the life of our master’s students, sharing their thoughts and opinions, ups and downs, and key learning points during their online studies. The whole idea behind this series is to make you aware of the realities of online studies, and aid you in decision making.  

This week we take a look at a day in the life of one of our master’s degree students – Nicole. Here are a few insights and some words of wisdom that Nicole had to share from her experience:

An Introduction 

“I am still learning about who I really am” – Nicole

Who are you, really? 

Nicole Weiner, a lifetime learner with a family and a job, but I am still learning about who I really am 

Which Uni are you studying with? 

University of Cumbria 

Which programme did you choose and why? 

The MBA in Public Health Management program. Being a nurse, I am interested in helping people live better, healthier lives through prevention. 

Being a nurse, Nicole is dedicated towards helping people live better and healthier lives

The Study Plan 

How did you plan to study each module, and what was the reality? How many hours did/do you have to put in each day/or in a week? 

When I do something, I do not think about “the how” so much. I decide and I do. Thankfully my responsibilities at home are minimal and I was able to carve out some time from my work agenda, since I am an occupational health nurse, I took about 2.5 hours from my work schedule each week since the two are related. Plus, I worked at home as well, especially the weekends.

But it was not difficult to participate in the forums on a regular basis. In one sitting: sometimes an hour, sometimes 6 hours. In my opinion, your work agenda should allow some time for master’s, if the two are related.

What part of the day did/do you find most suitable to study? (e.g. early mornings, lunch break, evenings, weekends?) 

Anytime. If I have to do something, I can do it just about any time of the day, but after 7 pm I do like to just relax, so usually not in the evenings. During my thesis this will change because I have changed jobs and in this new job, I will not be able to carve out time to write or study during work hours.

Relating to my above answer, my next job will be as a research nurse, therefore I cannot study during work hours because I am not caring for a whole population group and there will be more technical duties to do. As an OHN, I was one nurse to 650 people. That’s significant, but the company was great and gave me space for balance. 

How much time did you devote for each assignment? 

Depends. Like I said earlier, forums usually half an hour to an hour. Assignments I dedicate a lot of time but I cannot put a number on it. But one thing I can say is that I try to start working on it very early, so that I am not rushed in the end. 

Travelling and Communication 

“As long as I had my computer I could study if I wanted to while travelling”- Nicole.

How did travelling impact your ability to study? 

No problem, as long as I had my computer I could study if I wanted to. 

How were you able to interact with peers and/or professors given the time differences? 

In my personal case, there is no time difference between the UK and Switzerland. 

A typical day as a master’s student 

What does a typical day as an Online Masters’ student look like for you? 

School is just an extension of my other activities. I can say that definitely, the program being online makes life a bit less complicated. 

Any advice? 

Do a little bit every day, with a day off every now and then, or vacation even. If you work on your assignments regularly, you can afford to take time off and not stress it. And please advise your professors of your absence. 

Well indeed, incredibly helpful advice from Nicole. A contingency plan not only saves you from an unpredictable situation but also helps you follow your study plan with confidence. To get you through the master’s studies we have great faculty who are subject-matter experts, who guide and encourage the students to achieve their potential.  

If you have been dreaming of joining master’s programme or have had this personal goal to gain higher education, now is the time! Take the valuable advice from our current students, gain from their experience, add your own unique study strategy, and make your own success story!

Chat LIVE on WhatsApp with one of our Education Advisors for more information on all the programmes we offer, the application process, and information on discounts we might be offering at this time. 

Getting ready for 2021

Phew! It is 2021! 2020 is finally over and behind us. After having an incredibly unique (and for many a traumatic) 2020, I am a little sceptical and at the same time joyous and hopeful of welcoming the new year.   

Well, let me first extend my warmest wishes to you, our readers, happy new year! One of the greatest joys of this season is the opportunity to say thank you and to wish you the very best for the New Year.   

‘Tis the season…  

So, what do you think 2021 will look like? Are you ready to embrace the new year as it still encapsulates certain uncertainties? Have you set any personal goals, professional goals, or academic goals for yourself? Because it is that time of the year when we sulk on unfinished resolutions or celebrate their achievement (I fall more in the former category than the latter 🙁) and look forward to new ones!   

In my opinion, it will be much more than just resolutions this year. People are frustrated with unfulfilled wish-lists, lockdowns, and fear of the pandemic. Emotions are running high; there will be no holding back, it could turn out to be a year where you tick off all the boxes (or most of).  

Here are the five trends you must watch out for in 2021:  

1. Shoppable TV and social media influencers   

Consumers will be able to buy anything they like, on the go and instantly!

With worldwide lockdowns, the retail industry saw a categorical change with the brick-and-mortar stores shutting down. Shoppers had to move online, and the businesses capitalised on every opportunity to grab consumer’s attention. Consumers will be able to buy anything they like, on the go, instantly, as they watch the advertisement on their favourite streaming channels, or a product recommended by their favourite social media influencer. I have personally experienced this; a tik-tok video made the CeraVe skincare products fly off the shelves within days. That is a powerful sales tool.   

2. Big data becomes bigger  

Big data is inexhaustible

As we rely more and more on online platforms for almost everything, from groceries to banking, to buying cars to education, the data is building up exponentially and is inexhaustible. There will be an increasing new need for data analysis and customer personalisation.  

3. Artificial Intelligence (AI)  

AI is predominantly the most significant trend to watch out for in 2021. With bigger data, better interpretations will be required to understand the world and the changing patterns of the consumers. In 2021, we are likely to see further sophistication in machine learning algorithms and tools.  

4. E-Sports  

Gaming is in line to become a multi-billion-dollar industry

Gaming is one of the sectors that was positively impacted by COVID-19. While other industries suffered losses, gaming has been trending and is in line to become a multi-billion-dollar industry by 2023. It is one of the top entertainment activities that people engage in, kids and adults alike.  

5. eLearning  

With the sudden closure of schools and universities owing to social distancing and self-isolation requirements in an attempt to flatten the COVID-19 curve, online learning became a necessity overnight and is here to stay. There are several benefits of online education, such as flexible learning and quality education offered at affordable prices.

Robert Kennedy College has been a pioneer in online education since 1998. When you decide to study with us, we promise you an excellent course curriculum, British education, Swiss quality, highly qualified faculty and a variety of Online master’s programmes to choose from. Start early and talk to our education advisors to find out how you can make the most of the new year 2021 though learning.

Express gratitude this holiday season

2020 has been nothing but challenging for everyone in one way or another. Some people experienced greater difficulties than others. Nevertheless, everyone’s life, career, family, ambitions, dreams, and expectations from this year were affected. And as if matters were not bad enough, the world witnessed and was torn apart by numerous natural and man-made calamities: floods, wildfires, earthquakes, hurricanes, civil unrest, humanitarian and refugee crises. 

Now I do not want to sound all negative. There is another side to the coin too, a side that we very often fail to recognise and acknowledge. It’s the positives, no matter how small, that happened in our lives amidst this mayhem. We should acknowledge every little moment of happiness, joy, and success we received in the past one year and be grateful for it. Someone might have a new job (even in the pandemic), got a raise, bought a new house, started a family, explored local places (as it is advisable not to travel), got healthier and fitter, had time to be with family during quarantine, enrolled for that online master’s programme that was put on the back-burner, something that positively impacted one’s life. 

Let’s reflect and be thankful for everything! 

For me personally, the holiday season brings a sense of joy and happiness. I forget my worries and enjoy the holiday cheer and bright lights that are all around. It humbles me in many ways. 

Expressing gratitude may sound easier than it actually is, because humans are prone to complaining, blaming, finding fault, and making comparisons with others. However, I would urge you to take a moment and instead understand your own shortcomings and if you do compare, compare yourself with the less fortunate. You might come to realise how blessed you actually are! 

There are many ways to feel thankful and express gratitude: 

1.  Introspect: self-introspection can be very powerful to analyse one’s true self. 

2.  Have faith: it pays off to be patient and trust that everything happening is part of the bigger picture and it will help in developing you in better ways. 

Give back to society

3.  Give back to society: you can make your contribution and give back to society in various ways by volunteering, providing food, shelter, clothing to the needy, providing financial  or emotional support. It will make you feel better and useful. 

4.  Maintain a gratitude journal: as it is said, a man is but the product of his thoughts. The more you write about positive happenings and events in your life, more your thoughts become positive. 

Your thoughts become positive when you capture positive happenings in your life

5.  Express yourself: It’s important not only to feel grateful but also to express your gratitude and spread the cheer to your near and dear ones. 

Gratitude plays a very powerful role in transforming lives. Express your gratitude towards your family, peers, friends, colleagues, bosses, teachers and professors. I am grateful to all our readers who have enjoyed reading and have benefited from our blogs. 

Season’s Greetings and Happy Holidays! 

5 key skills and attributes for effective Legal Leadership

Leadership is a subjective term. We see and hear about effective leaders leading a department, a company or a country. But it is difficult to really quantify or describe what leadership is. You can recognize good leadership examples when you see them but it’s difficult to define. Some leaders are ‘born leaders’, they are a natural, and excel at what they do, while others learn to become good leaders by cultivating attributes and skills, behaviours,  or sets of competencies, that are practiced and mastered to become an effective leader. 

I have talked in the past about Sustainable Leadership in our blog – what it is, and what its principles are. There could be several styles and types of leadership, and areas where leadership is required. One such areas is law and that is called legal leadership. Legal leadership particularly identifies how leaders behave, and how they govern others directly and indirectly, by controlling organizational structures and processes in a legal department or a law firm. 

Douglas B. Richardson says, “All great leaders do five things well, Imagine, Invent, Inspire, Inform, and Influence”. Though all leadership is fundamentally the same, legal leadership can take many forms, involve distinct roles and have different objectives. In a legal department, leadership has many faces: the chief legal officer (CLO), the managing attorneys, the servicing lawyers who work each day with the clients, and all of them should be leaders. Therefore, a legal leader is faced by a unique challenge of leading leaders as more often than not they end up leading other lawyers who are independent identities, individual contributors, pretty much people who do not follow anyone, do not like to be led, trust their own gut, and do not collaborate easily.  

Phew! Legal leaders have to be one hell of a leader!! 

Being a leader in a legal environment is challenging and may not be everyone’s cup of tea. So, what is required to be an effective legal leader? Law firms and corporate legal departments have identified some basic qualities and attributes that a leader should possess. Here are the five skills and attributes that are important for effective legal leadership: 

1. Collaborative skills 

Legal leaders usually find themselves managing large teams and complex cases. They usually have different and difficult sets of people at both ends of their stick. On one end are their own team members. And at the other end are the clients from diverse backgrounds, personalities, education levels, experience levels and requirements. The legal leader plays a key role in coordinating all the aspects, and people in bringing out the desired legal outcome. 

Exercise collaboration with effective communication.

A good legal leader should hit the ground running through effective and early communication amongst the team members, and letting everyone know their tasks after a brainstorming session. Follow up and make sure to listen to their colleagues’ ideas or the issues they are facing, and help them overcome their obstacles and provide the resources if required.  

A legal professional must weigh in everything, facts of the case, potential risks and their consequences

2. Good Judgement 

Success in any profession is highly dependent on good judgement, and this is especially true for the legal profession! It is one the most critical attributes that a legal leader must possess – to apply good judgement and make sound decisions. Legal professionals are faced by situations every day where they must make complex decisions by weighing in the facts of the case, evaluating potential risks and their consequences on the case and on the firm/organization.

Good judgement also requires excellent problem-solving skills. A good legal leader must be able to pre-empt the issues, and must have ideas and many solutions to a problem.  

However, the leaders must not isolate themselves or feel solely responsible for a decision. Though they are leaders, they are still a part of the team, and must seek input of their peers and other experienced legal professionals on critical matters.  

Self-awareness is an important quality of an effective legal leader

3. Self-awareness 

While most of the legal professionals, lawyers, and para-legals would call themselves lone-wolves and individual contributors, they are still part of a legal team. As they become leaders, most lawyers face a hurdle what’s called ‘expert identity trap’.  This means they identify themselves as subject matter experts but do not necessarily see themselves as a leader. Though several attributes are required to be a good legal leader, self-awareness is one of the key qualities of an effective one.  

All legal professionals are bound by the model rules of professional conduct

4. High ethical standards 

The legal profession is heavily based on trust, and each member’s ability to demonstrate highly ethical behaviour. Failure to do so will have many adverse outcomes such as not being able to gain the trust of their client and/or colleagues, and even more critical, being disbarred or legally charged and disciplined for misconduct. All legal professionals are bound by the model rules of professional conduct and they must understand their responsibility as the stakes involved are high! 

5. Diplomacy 

Diplomacy is one of the skills that a legal leader must have to climb the ladder of their legal career. A good leader must exercise diplomacy in handling clients, project the professional image of the firm, and must be respectful of their colleagues. The legal profession is an intensive and demanding career. It is critical for leaders therefore to keep calm and show virtues such as understanding, compassion, and integrity. Diplomacy is not something that one can learn overnight, it is a gradual, self-grooming process that can be effectively used to resolve any conflicts, and manage differences and disagreements. 

To be the best legal leader, it takes lot more than just being book-smart too; one needs to be street smart. Our 100% online master’s degree programme prepares you just for that by providing a deep understanding of the key concepts and theories of leadership and their application in a law-oriented organization. Talk to our advisors today to learn more about the programme. 

#DILO (A day in the life of) a master’s student – Beatrice

Through the #DILO series of blog posts we have been bringing you insights into the life of our master’s students, sharing their thoughts and opinions, ups and downs, and key learning points during their online studies. The whole idea behind this series is to make you aware of realities of online studies, and help you in decision making.  

This week we take a look at a day in the life of our MBA student Beatrice. Beatrice is an electronics engineer with over 19 years of experience working in IT. She is currently studying for the MBA in Management Consulting, offered through our exclusive partnership with York St John University, UK, and working for an American company as an IT Project Manager. Along with handling a full-time job and a master’s programme, Beatrice manages a busy household with a husband and two daughters. Here is an insight and some words of wisdom that Beatrice had to share from her own experience. 

With the MBA Management Consulting you gain an understanding of consulting techniques and develop a range of transferrable skills

An Introduction 

Which Uni are you studying with? 

York St John University (UK) 

Which programme did you choose and why? 

I chose the MBA in Management Consulting programme. It allows me to improve my knowledge and complete my profile as Project Manager. 

The Study Plan 

How did you plan to study each module, and what was the reality? How many hours did/do you have to put in each day/or in a week? 

Prepare a study plan and pick a time of the day that works best for you

I planned the modules to avoid overlaps and could make it as planned. It is important to allow at least four to five hours a day, 4 days a week. This can be increased to 5 hours a day when approaching assignment deadline. 

What part of the day did/do you find most suitable to study? (e.g. early mornings, lunch break, evenings, weekends?) 

Allow yourself enough time for each
assignment

What worked best for me were early in the morning and late in the evening, when there is no distraction (work, children, etc.) 

How much time did you devote for each assignment? 

Generally, 4 to 5 days. Sometimes more, depending on the topic. 

Travelling and Communication 

How did travelling impact your ability to study? 

When travelling, other activities make it more difficult to find the required hours to study 

How were you able to interact with peers and/or professors given the time differences? 

We used e-apps that allowed delayed interactions (email, campus portal, WhatsApp). 

A typical day as a master’s student 

What does a typical day as an Online Masters’ student look like for you? 

1. Spend 2 hours early in the morning, reading and watching class videos  

2. Spend 1 hour at lunch time to review and make some researches  

3. Spend 1 to 2 hours at late evening to write or complete researches 

‘Research’ is an important aspect of Master’s studies. Learn to research effectively.

Any advice? 

It is important to have:  

1. The support of your entourage  

2. A schedule that includes your studies, work and personal activities, even leisure. Follow it as much as possible  

3. A contingency plan 

Well indeed, incredibly helpful advice from Beatrice. A contingency plan not only saves you from an unpredictable situation but also helps you follow your study plan with confidence. To get you through the master’s studies we have a great faculty who are subject-matter experts, guide and encourage the students to achieve their potential.  

If you have been dreaming of joining a master’s programme or have had this personal goal to gain a higher education, now is the time! Take the valuable advice from our current students, gain from their experience, add your own unique study strategies, and make your own success stories! I would love to feature you one day on our college blog. 

Chat LIVE on WhatsApp with one of our Education Advisors for more information on all the programmes we offer, application process, and for information on discounts we might be offering at this time. 

Corporate governance practices are important for companies. Here are 5 reasons why!

Let me start with the basics.. 

What is corporate governance? Well, corporate governance can simply be defined as the systems by which companies are defined, directed and controlled. As the name suggests, it is the practice that governs the corporates to comply with legal, regulatory and risk requirements and meet the business demands. And it is mainly the responsibility of the Board of directors. It is important that the board takes on board (pun intended) the intertwined roles, relationships, and interests of the company’s various stakeholders.

A corporate has both internal and external stakeholders. The internal stakeholders include the company owners, management, executives, board of directors, shareholders, and employees. And the external governance stakeholders include the society and community, customers, suppliers, vendors, and debt holders.  
 

Because the corporates ( with the exception of s non-profit organizations) operate for profit, one of the main focus areas of corporate governance is to make the business leaders manage the finances in the most effective way, and in the best interest of their internal and external stakeholders. There are several laws and external regulations that monitor this aspect of corporate governance. However, many companies establish their own internal framework and regulations to ensure smooth and ethical operations of the organisation. 

Regardless of how big or small a company, it is important to have an established set of practices that dictates good corporate governance. It also looks good on the part of the company that their finances are well accounted for, and they have done some good deeds for society.

Now many argue that corporate governance does not affect the bottom line of the business and is not ‘necessary’ for running the business, as it does not affect the operational or financial performance of the company. It is difficult to put together and implement a customised corporate governance plan. The additional practices cost a lot of money and time going through the administrative procedures of organization’s bureaucracy.  

The other side of these arguments, however, stresses the importance of corporate governance practices and the impact they have on the successful running of a business in the long term.  

How corporate governance benefits a company 

Corporate governance is the foundational stone of any good business. There is a direct correlation between good corporate governance and enhanced shareholder value in the long term. It is an important tool in managing the business in an ethical way, and leading to its growth.  

Some of the key benefits of good corporate governance are as follows:

1. Power packed board of directors 

        As I mentioned above, the board of directors are responsible to oversee how the corporation runs. Good corporate governance focuses on establishing a strong board for the company, comprising of directors who are knowledgeable, competent, qualified, matter-expert and who hold strong ethical values. The board will then be able to provide strong and dedicated leadership, and vision to the company.  
 

Corporate Governance ensures the corporation has a strong Board of directors

2. Promoting ethical culture and corporate integrity 

     Good corporate governance practices lay much emphasis on integrity in all business dealings and ensuring the company is socially responsible. They ensure compliance with the law, and an ethical business code of conduct.  

3. Enhanced public image 

     In todays competitive business environment, having good corporate governance can prove to  be a differentiating factor working in favor of the company. Being socially responsible, contributing towards the environment, implementing sustainable practices, and other societal benefits, paints a good image for the company and builds confidence for both the internal and external stakeholders of the company.  

4. Boosts new investment 

     The venture capitalists and investors feel more confident in investing in a company with good corporate governance practices. They ensure good return on investment for the investor. Increased investments mean expansion of business, and create more employment opportunities.  

5. Effective risk management 

     A board of directors with a strategic vision is imperative in identifying potential risks faced by the company, such as industry specific risks, global markets, operational, legal, and financial risks. By evaluating risks, and implementing timely plans, good corporate governance practices can help mitigate risks for the company. 

RKC boasts a strong portfolio of online master’s programmes, offering online MBA, MSc and LL.M programmes. The students have a wide range of 18 MSc, 23 MBA and 3 LL.M programmes.

You can chat LIVE on WhatsApp with one of our Education Advisors for more information on the programme, the application process, and for information on discounts we might be offering at this time.