Introducing the Legislation Monitor: A CEO Interview

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3 Min Read

Running a business in today's ever-shifting legislative landscape can feel like navigating a minefield. You think you understand the rules, but then a new law disrupts everything.

That's why Industry Intelligence is thrilled to unveil a solution to help you stay ahead of the game: the Legislation Monitor.

What Is the Legislation Monitor?

Available for chemicals, packaging, food and beverage, forestry, and the carbon economy, this next-generation legislative intelligence service provides a weekly update report for each module and an AI-powered online dashboard for instant access to critical information. You have actionable summaries of bills, rules, and regulations. You’re connected to real-time news and analysis on the dashboard. It’s readable and without legal jargon, so users can quickly find relevant policy content using industry-specific categories.

Our communications team recently sat down with company CEO and founder Rami Ghandour to discuss the Legislation Monitor and how it transforms the way companies stay informed about public policy changes.

The Need for Proactive Legislative Awareness

Interviewer: Thank you for joining us today, Rami. Can you explain the inspiration behind the Legislation Monitor?

Rami Ghandour: The idea came from listening to our manufacturing clients. Legislative changes at both federal and state levels significantly impact companies along the entire supply chain. Staying compliant is necessary and can influence supplier selection, product design, and resource planning. Conversely, non-compliance results in costly reworks and penalties, potentially eroding customer confidence. For manufacturers, that can mean constant struggles to stay ahead of legislative changes. How can we avoid being blindsided by new laws? How do we ensure our products remain compliant?

I: Isn’t it why companies have lawyers on retainer, to stay up to date on legal matters?

RG: Yes, but by the time companies involve lawyers, it’s often too late, and a compliance problem has already occurred. It’s necessary to take a proactive approach that helps everyone in the company stay aligned. There’s a pressing need for a tool that ensures awareness of legislative changes. Businesses need a tool designed for professionals who aren’t legal experts.

For instance, product engineers need to know whether the chemicals used in their design have been banned or restricted. Procurement managers must ask their suppliers the right questions about compliance before placing orders. Facility managers need to know how much factory emissions they need to cut based on legal mandates. Every decision-maker in the company needs to be aware of the legislative changes that impact their work.

Industry Intelligence Inc.'s Unique Approach to Monitoring Legislation

I: Is it feasible for employees without legal training to follow complex legislative changes?

RG: Of course. Legislation doesn’t happen in a vacuum. With the right tool, you can see that something’s brewing to get ahead of potential business challenges. For example, there may be pressure on lawmakers to act. There may be public outcries about the problem. As soon as a bill is proposed, lobbyists, industry experts and consumer advocacy groups weigh in. Other lawmakers may provide a counter-proposal. If a legislative initiative finds success in one state, other states might follow with similar bills.

Monitoring public policy is a lot like monitoring your marketplace. With our industry-specific categories, Legislation Monitor users can quickly find the latest news and policy updates relevant to their work. Our AI technology distills each update into a digestible summary designed for businesses. It’s the perfect solution to a long-standing problem.

I: Why do you feel this is the perfect solution for legislative intelligence?

RG: We understand our client’s pain points. Having delivered critical market intelligence across the manufacturing supply chain for 24 years, we speak their language. We’ve been investing resources to develop expertise in categorizing and delivering market information based on trending events in their industries. We’re applying the same market-based approach to categorize legislative information. Our mission has always been to equip business professionals with relevant intelligence at their fingertips. Legislation is an important component of the market landscape.

I: How does Legislation Monitor improve on other legislative tracking tools?

RG: It distinguishes itself by catering to business professionals, not lawyers. Our goal is to help companies plan product launches, explore supply chains, and create operational processes with confidence, knowing that relevant legislative updates aren’t overlooked in their planning.

Our AI-generated summaries are easy to read. Each summary is presented alongside the original legal document for quick reference. The tool tracks bills at the federal and state levels and offers insights into bill histories and sponsors. Our proprietary technology connects legislative updates with related industry news and expert analysis so that business decision-makers get a full view of what’s happening in the market.

Future Plans for the Legislation Monitor

I: What's next for Industry Intelligence Inc.?

RG: We continuously seek ways to innovate and expand our offerings. Our focus will remain on leveraging advanced technologies and industry knowledge to create new content products. We’re exploring opportunities to expand the Legislation Monitor to cover key international markets, recognizing that global supply chain dependency influences legislative changes worldwide. We’re also exploring municipal laws that affect business operations.

Finally, as all legislative initiatives end with compliance enforcement, we’re looking into a sibling product to monitor regulatory compliance trends. Our goal is to keep evolving to ensure that we’re always meeting the needs of our clients in an increasingly complex marketplace.

I: Thank you, Rami, for sharing these insights. We look forward to seeing how the Legislation Monitor continues to evolve and support businesses.

RG: Thank you for having me! It's been a pleasure discussing our latest innovation.

 

Want to see how the Legislation Monitor can protect your company and help you stay ahead of legislative changes? Contact Info@IndustryIntel.com or sign up at https://info.industryintel.com/legislation-monitor-form for a consultative demo.

Industry Intelligence Inc

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