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No easy road to harmony between strategy and regulation

With an increasing focus on regulation, companies must be able to both shape and respond to the regulatory agenda in traditional as well as emerging markets. But this is not easy to put into practice, particularly in the communications sector, as KPMG reports.

Yunus SulemanThe 2007 KPMG Bringing Regulation into the Boardroom survey, based on interviews with over 60 senior managers in telecommunication operators around the globe, reveals that senior management and the regulatory function, whilenot poles apart, may have different priorities.

Convergence of telecommunications and media, along with deregulation, is blurring traditional regulatory boundaries and putting increasing pressure to improve communications, learn from other industries and build a strong regulatory team.

“This situation is even more complex and pressing for those companies operating in multiple regulatory environments,” says Yunus Suleman, chairman of KPMG SA. “Subsequently, companies will increasingly need to develop proactive regulatory functions that recognise commercial issues and can communicate with the board.” Keep reading →

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Posted in the category: Economy, Insight, Strategy

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The Big Change is a business strategy blog and newsletter published by Arthur Goldstuck, managing director of World Wide Worx, a leading technology research organisation based in Johannesburg, South Africa.

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