Britain Quote by Geoff Davis
“Great Britain revolutionized parts of their regulatory process by actually bringing the people who were going to be regulated to the table and suddenly found that they could solve the problems at a lot lower cost by, again, going back to the thing that tends to be most uninteresting, particularly in cable news, and looking at the actual process.”
About This Quote
Source Speech: Regulatory Innovation Forum, 2022
Involving regulated parties in rule‑making can cut costs and improve solutions by focusing on practical processes rather than rhetoric.
In simple terms: Include those affected to design cheaper, better rules.
Engage stakeholders early.
Themes
Mood
Type
When to use this quote
- government agencies
- industry groups
- consumer advocacy
- policy drafting
Key Concepts
Questions to Reflect On
- How can you involve affected parties in your own processes?
- What practical steps reduce regulatory complexity?
May slow decision‑making if consensus is hard to reach.