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Business Leaders Embrace Regulation as Springboard for Success

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The majority of business leaders across Europe see the introduction of government and industry regulations as enablers for success.

New research commissioned by Ricoh Europe, based on a survey of 2,550 business leaders from across 24 countries, shows a shift from the traditional mindset that regulation is a bottleneck and barrier. Over half (52%) agree that regulation is an enabler in the digital age – a sentiment echoed further with 55% seeing privacy regulations, such as GDPR, as a basis from which to achieve organisational success.

But it’s not just governments and industries that are having a positive effect. A similar amount (56%) view adhering to environmental regulations, such as the Paris Agreement, as a route to progress. Moreover, 67% of leaders are looking to invest in smart technologies that are environmentally friendly – indicating a growing realisation of how people, the planet and company profits stand to gain from more environmentally focused business practices.

The research also reveals that 82% are investing in technology in its wider sense as an enabler, with 66% viewing the pace of technological change as a key opportunity rather than challenge. Almost as many (63%) believe technology is crucial for keeping their company compliant with regulations, reaffirming the notion that long perceived obstacles are rapidly becoming opportunities.

David Mills, CEO of Ricoh Europe, says:

“Today’s business leaders are being held accountable like never before and face a constantly changing environment. The good news is that they are realising the benefits of building their business with security, privacy and environmental considerations at heart. Using technology, business leaders can turn compliance from a headache into a strength, and even make regulations a facilitator for broader organisational success. They can now see the compounding benefits of using Intelligent Devices to boost productivity, aid problem solving and lessen the load of mundane tasks.”

Find out more at www.ricoh-europe.com/thoughtleadership.

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During Nathan’s early career, he gained considerable experience from across many industries including Sales, Teaching and Retail, however more recently Nathan has delved into the world Digital Marketing and Publishing. Drawing on his past experiences, Nathan brings all aspects of his knowledge into Recruitment Buzz, possessing great research and social media skills.

Born and bred in Wales, Nathan is as Welsh as they come – living in the heart of the Valleys, Nathan proudly takes place as our resident Welsh speaker. However, Nathan’s knowledge of global understanding exceeds the Welsh borders, having lived in London, parts of the US and Ecuador.

Nathan is a self-proclaimed geek, having gained a degree in Natural Science via the Open University in Wales. In addition to his passion for science, he has a love for technology, nature, art and of course football!

 

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