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Make the rules – or your rivals will

This quote by Wharton scholar Richard Shell explains it all. Managers who ignore the actions of government and institutions do so at great risk. Even more those who avoid shaping the competitive environment through deeply understanding and then influencing the rule makers – their rivals will take care of that.

There’s a full army of lawmakers out there – especially in Italy. The competence of the national government, the 20 regional governments, plus 104 counties and 8,105 municipalities make the political scenario really full.

But it’s not just a matter of legislative power. The rule-making power is in the hands of so many other players: independent authorities, pressure groups, financial institutions, worker unions, International institutions and others. These are the “publics” that will make the rules of the game you’re going to play.

Can you afford to let your rivals write the rules of the game?