Forward looking executives and board members have accepted the onslaught of continuous regulatory and legislative change as the new norm. As a result, they are incorporating regulatory implications into their growth, innovation and other business strategies.
Legislative and regulatory change are fixtures in the headlines. Tax debates, unresolved cybersecurity and privacy legislation, and SEC and IRS enforcement are a few examples of drivers causing leading organizations to adapt their business strategies, organizational structures, and critical roles and responsibilities to the regulatory outlook.
As part of KPMG's ongoing review of how public policy is affecting business, we've combined survey feedback from more than 250 executives and board members, as well as insights gleaned from recent forums with business leaders to create the executive summary, Adapting Business Strategy to the Regulatory Outlook.
This executive summary outlines leading practices organizations can use to factor legislative inputs into all facets of their business planning process ahead of final rules.
If you have questions or wish to discuss the article in more detail, please contact Kapila Anand, KPMG Partner, Public Policy.