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 summary outlines leading practices on how organizations are responding to a landscape of permanent legislative and regulatory change by implementing proactive strategies such as tax planning, innovation around cloud and social media initiatives and growth plans including expansion into emerging markets.
Contact us to discuss the trends and leading practices highlighted in the summary.
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