Collaboration between businesses and regulators is essential from "summary" of Reinventing Capitalism in the Age of Big Data by Viktor Mayer-Schönberger,Thomas Ramge
In a rapidly changing and complex world, the traditional way of doing business has become outdated. Enterprises must adapt to new realities, embracing collaboration with regulators as an essential component of success. This partnership is not just beneficial but necessary for navigating the challenges of the modern economy. Regulators have a vital role in ensuring that businesses operate ethically and responsibly. They set guidelines and standards that help maintain fairness and transparency in the marketplace. By working together, businesses and regulators can create a more level playing field, fostering trust and accountability among stakeholders. Moreover,...
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