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Best Practice Database
Quality, Compliance and Regulatory » Government Affairs and Public Policy
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Companies that are regulated by federal or state government entities promote their organization's agendas through their government relations functions. These functions include processes that support, shape and impact legislative and regulatory management with their respective government entities. At the Federal level, this includes the U.S. Congress and Executive branch, national regulatory departments such as the Treasury, Dept. of Education, Dept. of Labor and the Securities and Exchange Commission, as well as trade associations and political action committees. At the state level, this includes state legislators and regulatory bodies in all states where the organization has a business presence.
To ensure the effectiveness of such government relations departments, companies must continually identify optimal staffing and budget resource levels for their operations relative to their peers. Executives of government relations functions can use this 39-slide presentation to examine what other companies are allocating relative to factors such sales and total employees, perform a gap analysis, and make adjustments accordingly.
Key Topic and Metric Areas:
This study provides budget and staffing benchmark data for Government Relations functions and activities, including the following:
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