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Corporate Political Strategies and Employment at Will

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Submitted By aleanora
Words 5828
Pages 24
Corporate Political Strategies

June 24, 2011

Abstract
Whether or not corporations should have political strategies is debatable by many strategists, corporations, and political interest groups. There are advantages and disadvantages to this issue, so to decide one has to weigh the advantages against the dis-advantages. In my opinion, corporations should consider political strategies as an essential part of their business tools. The actual and potential impact that governments have on corporations is incentive enough for them to keep informed of the different governmental, social, public, and economic issues, regulations, policies, forums, tactics, and processes that will affect them now or in the future (Hillman, Zardkooh, & Bierman, 1999). Corporate Political Strategies
Corporate political strategies are strategies used by corporations to influence public policy, hopefully in a favorable way. There strategic aims are to further specific interests by getting governmental officials to listen to and act in accordance with the preferences of the corporations. There is a very slim chance of finding any business today that has not been affected by the government in one way or another, even those with the best competitive strategies, abundance of resources, and/or superior products and services. Therefore implementing effective political strategies help corporations in obtaining and maintaining advantages against their competitors and to also achieve and maintain higher performance levels. Because of the uncertainties in the political systems (caused by the size and capacity of the government to regulate its policies, which are constantly growing and changing), management should also learn coping mechanisms to deal with these uncertainties. Corporation’s abilities to gain access to and influence the political processes and policies, increases their chances

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