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GR Congress 2012. Ukraine. Launching Government Relations For Your Company. Dmytro Fedechko General Counsel LG Electronics Ukraine. T opics. Does you company need GR function? Types GR function organization. To do inside the organization. To do outside the organization.
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GR Congress 2012. Ukraine Launching Government Relations For Your Company. Dmytro Fedechko General Counsel LG Electronics Ukraine
Topics • Does you company need GR function? • Types GR function organization. • To do inside the organization. • To do outside the organization.
Does you company need GR? Yes if you: • Work in the heavily and frequently regulated industry. • Are the market leader. • Work in the new and not regulated yet industry. • Use of government leverage is a popular competition tool in you industry.
Types GR function organization. • Full-scale GR department. • Legal function based. • PR function based. • CEO/Investor based. • Fusion GR.
To do inside the organization. • Put and maintain policy into agenda of the top management and investors. • Define the scope of GR function and safeguard it. • Establish goals, KPI, procedures, budget. • Arrange process of policy business implication analysis. • Set continuous capability development.
To do outside the organization. • Introduce policy monitoring. • Participate in business associations. • Find key person for each policy exposure area. • Establish your stakeholder outreach platform. • Retain consultants (PR for legal based and legal for PR based). • Enhance your reputation and accessibility .