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Cultivating Compliance for Strategic Strength: Mastering the Legal Aspects of Business
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Reference: HBS-8153BC-E
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Number of pages: 46
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Publication Date: Feb 19, 2008
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Source: HBSP (USA)
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Type of Document: Book Chapter
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Industry Setting: Regulation
Description
Compliance with the law is just the baseline for winning legally in business. This chapter shows how managers can practice what the author calls "strategic compliance management," which goes beyond mere compliance with the law to embrace organizational integrity and to seek out and exploit business opportunities provided by regulation and deregulation. This chapter is excerpted from "Winning Legally: How to Use the Law to Create Value, Marshal Resources, and Manage Risk."