Regulation is usually viewed as an obstacle to an organization’s growth prospects. However, an understanding of relevant legislation and their commercial impact, having an ability to identify business development opportunities, hidden amongst all the interconnected laws, regulations, orders, directives, cases, etc, is the expertise that many progressive organizations seek.
Ultimately a win-win-win end result is achievable through sound regulation management: Government has regulation to enact which is both commercially sound and meets the expectations of society, the consumer and public interests are secured, and the company can continue to be a successful commercial entity.
Rather than resisting it, being the regulator’s choice of partner in shaping regulation will result in the organization being regarded as an outlier which is benchmarked and admired by all stakeholders including competition.