This informative article offers two integrated strategies managers can use in the face of environmental regulatory uncertainty. As integrated strategies, they both understand non-market forces while taking into consideration market realities. Recommending for pragmatic, progressive policies enables companies to shape future policy around existing environmental strengths; this strategy raises competitors' prices when challengers have yet to develop identical proficiencies.
Systematically adopting improving regulation enables companies to meet activists that are pressuring policymakers to compel firms to conform to higher environmental standards in other authorities; this strategy lets managers to adapt to arriving regulation at their very own pace while leveraging marketplace competences. This article presents four case studies that highlight some have been successful at mitigating regulatory uncertainty, and how some firms have implemented these strategies and some have not.
PUBLICATION DATE: November 11, 2011 PRODUCT #: CMR498-HCB-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
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