Managing government relations

The survey asked executives series of questions about the overall impact of governments and regulators, the ways companies manage those relationships and external affairs in general, and their effectiveness at doing so. Compared with its last survey on these topics, just over year ago, more respondents report their companies are willing to engage with governments and see the value of collaborating with them.

Close to half of all respondents say managing external affairs ranks as one of the top-three priorities on their CEOs’ agendas. However, only 10 percent say their companies are frequently able to influence governments or regulators or that those groups seek out and value the companies’ opinions.

To read more: www.mckinseyquarterly.com

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