Abstract
In this paper, we examine the challenges that regulators face in our rapidly changing world—from keeping up with technical and business model innovations and the growth in the number of suppliers of goods and services, to dealing with the increasingly digital nature of their constituents and the changing attitudes and behaviors of industries and consumers. We then identify opportunities for leaders of regulatory agencies to navigate today’s challenging landscape and prepare for the future—both in the way they make rules and the way they enforce them. In many ways, regulators can harness the very trends that have caused disruption and use them as a means to modernize regulatory practices and increase effectiveness.
