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HIGHLIGHTS
BENEFITS OF DOCUMENT
DOCUMENT DESCRIPTION
No company is immune from the impact of both existing and/or potential regulations.
Understanding the impact of regulations on business strategy is imperative for a company to navigate the regulatory landscape, while maintaining their ability to achieve their strategic goals. "Assessing the Impact of Regulation on Business Strategy" is a strategic framework designed to help decision-makers, consultants, strategists, and other key stakeholders streamline their assessment of the regulation on various aspects of their business strategy.
Although regulations can create and/or increase a company's accountability, cost and liabilities, while also inhibiting existing business activities that create value and growth, there is an upside.
Regulations can create business opportunities for companies if the impact of regulations are properly assessed through a strategic framework within the company's business strategy. Once properly assessed, companies have a more comprehensive understanding of the regulatory impact of the existing/potential regulation on pertinent aspects of their business strategy. This allows companies to then discover opportunities to further strategic goals, such as achieving/maintaining competitive advantage or business growth under the regulation in question.
"Assessing the Impact of Regulations on Business Strategy" strategic framework assesses the impact of existing/potential regulations on a company's business strategy by evaluating the impact of existing or potential regulation on the following aspects of business strategy:
-Business Operations
-Business Activities
-Company's Users/Consumers
-Company's Market Segment/Industry
-Company's Value Chain & Profit Margin
-Company's Alliance Networks
-Company's Stakeholders
-Company's Pricing & Marketing Strategy
Got a question about the product? Email us at [email protected] or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Strategy Development, Environmental Analysis PDF: Assessing the Impact of Regulations on Business Strategy PDF (PDF) Document, JML Business & Legal Strategic Consult.
ABOUT THE AUTHOR: JML BUSINESS & LEGAL STRATEGIC CONSULT.
The legal aspects of business strategy are growing increasingly important to better facilitate business strategic goals & objectives. [read more] JML Business & Legal Strategic Consulting offers business & legal strategic frameworks that merges traditional business strategic analysis with the law to strengthen a company's ability to develop a strategy that leads to: 1) sound decision-making; and 2) successful execution of business activities in order to achieve the company's objectives. JML Business & Legal Strategic Consulting is the Management Consulting Division of the Law Office of Janelle M. Lewis.
JML Business & Legal Strategic Consult. has published 3 additional documents on Flevy.
DETAILS
This business document is categorized under the function(s): Strategic Planning Strategy, Marketing, & Sales
It applies to All Industries
File Size: 3.1 MB
Number of Pages: 25
Related Topic(s): Strategy Development Environmental Analysis
Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.
Initial upload date (first version): Jan 11, 2021
Most recent version published: Jan 12, 2021
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