Change Management in regulatory government agencies can be extremely serious indeed. For instance take the resigning of Minetta from the Department of Transportation or resignation Powell from the Federal Communications Commission and you can understand what I am getting at. The Private Sector deserves to know what they are dealing with when they commit capital to large projects and changes at the regulatory level in government, whether it is at the FAA, USDA, FDA, SEC, EPA, FTC or 1,000 other agencies is critical to a smooth flowing free market and change management is important for us to consider. Without it there is chaos and yes there is opportunity in chaos but that opportunity generally comes at the expense of massive disruption too. Powell left the FCC as phone Internet Service became available and Satellite TV and Radio ended up exempt from much of the rules and regulations. Additionally Minetta left in the middle of truck driver hours of operations rules, the Dubai Ports deal and the CSX-UPS proposed secret merger, whoops? You did not hear that from me. Nevertheless change management in regulatory agencies does change the dynamics of things in a very big way indeed. So perhaps you will consider all of this in 2006. |
