Regulatory Compliance vs Business Growth
Regulatory compliance is a big focus for businesses today. Large corporations can’t afford to have their household names connected to government and industry violations. New laws and regulations are impacting small and medium-sized businesses requiring them to navigate a maze of legal and technical jargon. Compliance and operational risk are the most significant concerns for company executives when working with regulatory change management.
The goal of Federal, State, and local governments is to implement an effective enforcement program conducting inspections, issuing fines and administrative orders to violators. These programs also offer technical direction and support to emergency response situations and to complaints involving hazardous waste. Hazardous substance spills/releases are managed by State agencies to ensure compliance and technical competence.
MGF is experienced in conducting negotiations with government agencies and achieving a fair agreement between clients and regulatory officials. When conducted properly, these meetings can save a client substantial cost and time on their projects. Oftentimes, the consultants and stakeholders provide policymakers with valuable information that allows them to develop regulatory guidelines that are more reasonable to business owners, land developers, and manufacturers.