The Importance of Strategic Management of an In-House Function

Solomon Osagie, Chief Legal Counsel, TSYS International, UK

This article seeks to emphasize the importance of Managers having a strategic approach to the management of their In-house teams. Managers must be deliberate when faced with choices and those choices must reflect reality – the goals of the department, the wider organisation and the external environment within which the department operates. There is a constant failure to match the environment to the needs of the team creating a gap which contributes to In-house teams and heads of legal departments not getting the recognition that they deserve.

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United Kingdom Management Banking & Finance April 2011 Vol. 4, No. 15, Spring 2011

Solomon Osagie

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Dr Solomon Osagie is the Chief Legal Counsel for TSYS’ International at the London office. Solomon obtained his LL.B in 1988 and went on to obtain an MBA, followed by a post graduate degree in law and then a doctorate in 2005 at Cambridge and Anglia Universities. He was Group General Counsel at Global Switch Facilities Management before he joined TSYS. Solomon is a regular speaker at legal seminars and also contributes to academic journals. He has lectured in the areas of business processes and strategy for lawyers. Solomon has received several industry nominations including one for General Counsel of the year at the 2009 British Legal Awards, corporate counsel of the year at the 2008 awards and most recently as In house Lawyer of the year at the Lawyer Awards 2010.

TSYS International

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TSYS (NYSE: TSS) is reshaping a new era in digital commerce, connecting consumers, merchants, financial institutions, businesses and governments. Through unmatched customer service and industry insight, TSYS creates a better experience for buyers and sellers globally, supporting cross-border payments in more than 85 countries. Offering services in credit, debit, prepaid, mobile, chip, healthcare, instalments, money transfer and more, TSYS makes it possible for those in the global marketplace to conduct safe and secure payment transactions with trust and convenience. TSYS’ global headquarters are located in Columbus, Georgia, with other local offices spread across the Americas, EMEA and Asia-Pacific. TSYS serves approximately 400 clients in 85 countries, including relationships with more than half of the Top 20 international banks. For more information, please visit us at www.tsys.com.

United Kingdom Management Banking & Finance April 2011 Vol. 4, No. 15, Spring 2011
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