22. Global Regulatory Compliance Is A Huge Problem for GCs - And You Too
State of the Industry Part 3 GCs are faced with a tsunami of new regulations from regulators and agencies all over the map. To the board, it's the GC's job to understand the operating environment and keep the company on the right side of regulators. How hard can that be? Incredibly hard.
June 23, 2023 at 12:17 PM
2 minute read
The original version of this story was published on Lean Adviser
If it matters to your clients, it matters to you. Words to live by. Let's take this week's hot button, regulatory compliance.
In the previous lesson, Part Two in our mini-series on 6 greatest current GC challenges, we looked at "Bringing measurable value to the business." Through our 'GC world' prism, we discussed how they want to be seen as an asset not a cost center, and how you can help.
Now we move on to their next biggest headache, as identified at Legalweek New York, global regulatory compliance. To the board, it's the GC's job to understand the operating environment and keep the company on the right side of regulators. How hard can that be? Incredibly hard.
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