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We interview Kenny Tung, long-time China-based General Counsel in the region at companies such as PepsiCo, Goodyear, Honeywell, and Kodak and now General Counsel at Lex Sigma, Ltd. and co-founder of In-Gear Legalytics. On the role of General Counsel and the Legal Department in crisis management situations like COVID-19.
1:15 – How today’s situation compares to Kenny’s time as Legal Director at Kodak China during SARS.4:00 – What other types of crisis can we look to for guidance here?9:25 - How can companies use a crisis management framework to respond?15:08 – The specific role of the legal department in responding.21:58 – Might the Legal Department actually be one of the best equipped BU’s to address long-term issues involved in a crisis like this?29:15 – How crisis can create an opportunity for the Legal Department to show its value in terms of strategy for the company.30:55 – How Legal Managers can behave like an owner of the business during times like this.
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