The Federal government allocates $4.6 Trillion in resources. 38% is on regulation. Thus, companies complying with regulations expend considerable time and resources. This is time and resources that they are not investing in growth (Source: ChiefExecutive.net).
Counter this with a conversation I had with a GE executive who talked about “cycle compression” – how fast a company wants investments to pay back. While every company has different thresholds (i.e., a financial services company I worked with has it at 3 years), an investment still needs to show visible progress.
How does your organization minimize time, capital and resources directed toward unproductive uses so that it can actively have “cycle compression?”
