It is often heard: “No Risk, No Return.” Indeed.
Risk, however, if uncontrolled, can severely damage a business. We like to think it is possible to have your cake and eat it too.
REGULATORY & COMPLIANCE
“If you have ten thousand regulations you destroy all respect for the law.”----Winston Churchill
Laws are necessary to serve the public good and to keep business safe.
However, in many jurisdictions and industries, the increase in laws and regulations have become sometimes daunting. How can businesses focus on business, rather than become a business of compliance?
“Sustainable development is a fundamental break that's going to reshuffle the entire deck. There are companies today that are going to dominate in the future simply because they understand that.”----Francois-Henri Pinault
Sustainability is so in vogue now. But given its expansive scope, what does it mean for a business enterprise?