Tech firms are bound to come up against political and regulatory hurdles as they grow and develop their business. This is particularly the case where innovation is disrupting an existed regulated industry.
Policy and regulation can have a significant impact on businesses, especially those operating in the technology sector where innovation is a constant. As a result, many organisations are investing in strategies to help them keep pace with changes to policy and regulation, so they can spot potential threats or opportunities early on.
Innovation in the tech sector is moving at a rapid pace, and the companies driving these innovations are increasingly facing political and regulatory hurdles. Business leaders are at risk of being affected by outdated laws and hastily introduced regulations that negatively impact on their operations and growth prospects.