The Daily Stat: Government: The 800-Pound Gorilla?

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Today's Stat is brought to you by McKinsey Quarterly
MARCH 1, 2010
Government: The 800-Pound Gorilla?
Executives responding to a new McKinsey survey say that their companies' economic value will be influenced more by governments than by any other group of stakeholders except customers. Government involvement in most of the respondents' industries has skyrocketed since the economic crisis began, and the results indicate that most of them expect it to continue increasing.
Role of Government
Source: How business interacts with government: McKinsey Global Survey results
Copyright © 2010 McKinsey & Company. All rights reserved. Reprinted by permission.
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For the foreseeable future, governments will take a keen interest in how executives manage. In the U.S., industries and sectors representing more than a third of the nation's economy — including financial services, automobiles, health care, and telecom — are being reshaped. But don't expect a return of old-style regulation, which would stifle innovation.
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