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Gov Business Review | Wednesday, April 12, 2023
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A close relationship between businesses and governments drives the economy forward.
FREMONT, CA: There is a strong relationship between governments and businesses. Businesses drive the economy forward while governments shape how it grows. While governments regulate all businesses, some are more heavily affected. The government regulates the food industry in many ways. As far as food safety is concerned, the government sets regulations and standards. Businesses must adhere to these standards to operate. Keeping up with regulations might be easier for small businesses, but it can be much more challenging for large ones.
Government affairs managers are responsible for navigating this complex landscape. They assist businesses in keeping up with new government regulations, much like a policy affairs manager. If policies do not negatively impact an industry, assist in influencing them.
Government affairs managers advocate for organizations: An organization's Government Affairs Manager (GAM) keeps track of current government policies and regulations and relays this information to the organization they work for. Organizations can develop compliance strategies and avoid negative consequences by understanding the intricacies of governmental policies. Governmental affairs managers must have a solid understanding of government processes, regulatory agencies, and political trends. GAMs must stay up-to-date on governmental policies and regulations and be able to communicate them effectively to the organization they work for. This ensures that the organization can make informed decisions that align with governmental policies and regulations and avoid potential legal ramifications.
Government Affairs Managers build relationships: Relationship building is a key aspect of a Government Affairs Manager's job, which involves building connections with government officials, industry leaders, and stakeholders. GAMs must therefore possess excellent interpersonal and networking skills. Communication skills, the ability to build trust, and the ability to establish positive relationships with various people are crucial. It would be the responsibility of the government affairs manager at this bakery to develop strategies to prevent this tax from taking place. To prevent this from happening, they could use a variety of tactics. First, they could inform legislators and regulatory agencies about the negative impacts of the tax on consumers and the company.
Government Affairs Managers develop strategies: It can cause negative effects on a food business when the government proposes a new policy. The government may want to crack down on sugar consumption by its citizens. To combat this problem, the government might tax baked goods that contain a certain amount of sugar. Compared to other food items not subject to this tax, this tax would increase the cost of producing sweets.
Government Affairs Managers represent organizations: In government affairs, Government Affairs Managers (GAMs) play a crucial role in representing organizations. They provide testimony and represent the organization's interests at government meetings and hearings. A GAM, for example, will attend meetings to voice concerns and advocate for the interests of their organization if the government introduces a new policy. A GAM's outreach, education, and engagement with government officials and decision-makers also help raise their organization's profile. They build relationships with industry members, business associations, influencers, and external SMEs to advance their organization's goals and objectives.
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