Faculty Chair(s):
Malcolm Sparrow
OVERVIEW
Strategic Management of Regulatory and Enforcement Agencies (SMREA) examines the distinctive strategic and managerial challenges that surround government agencies’ regulatory and enforcement functions, focusing on issues of social regulation (the control of risks to society) rather than economic regulation (the control of markets). This course explores the operations and management of regulatory and enforcement agencies rather than the reform of law.
- What does it mean to adopt a risk-based approach to regulatory policy?
- What is the full range of tools available to regulatory policymakers to identify and control risks?
- What are the difficulties of performance measurement in the regulatory domain?
- How can policymakers develop effective collaborative partnerships with diverse stakeholder groups?
The course will examine some of the current prescriptions for reform (such as customer service orientation and process improvement) in light of the unique task that regulatory agencies face. We will also focus on the distinctive character of the risk-control task, and pressures for regulators to prove their worth and effectiveness.