According to data from Juniper Research, the average cost of a data breach will exceed $150 million by 2020 — and by 2019, cyber-crime will cost businesses over $2 trillion — a four-fold increase from 2015.
History hasn’t necessarily favored the marketer when it comes to C-Suite hierarchy. While talented marketing leaders are occasionally considered for internal CEO succession, external searches largely focus on other C-suite titles. As a result, not only do companies fail to fully benefit from the unique capabilities of qualified CMOs, they also miss out on a diverse pool of candidates...
As I write this, the market value of Tesla has dropped by about half since it’s last peak in mid-December. It’s been pretty steadily downhill for the past six months. Of late there has been increasing speculation about someone stepping in to buy Tesla including Kara Swisher’s sidekick on the Pivot podcast Scott Galloway. Over the past couple of years, I’ve stated on several occasions and still believe that any acquisition of Tesla is going to be difficult with the biggest reason being CEO Elon Musk...
A board of directors has what are called “fiduciary responsibilities” and can be held accountable for lack of proper oversight or guidance. They have ...
Joining a board of directors sometimes has the connotation that it’s an easy job you accept after retiring from your career. People tend to think that board members just play golf and show up to quarterly meetings to review the board package, the budget and look over financials...
Ask yourself, “what can I do that will improve my leadership skills and grow my network?” The answer is not to swan-off to a retreat for entrepreneurs, but to join the board of directors at another company, organization or charity...
We think activists can create huge value by bringing a better focus on capital allocation to this retailer...
Canadian billionaire Chip Wilson has been at odds of late with Lululemon, the athletic apparel brand he founded in 1998. Most recently, he threw shade at the company in a 2018 book, saying he was “playing to win, while the directors of the company I founded were playing not to lose.” Now, Lululemon’s board says he has crossed a line...
Mass Gaming's decision on Wynn Resort's suitability may sound like a big win for the casino giant ... but the decision could pose either a problem or an opportunity for Wynn...
American activist Cruiser Capital has a message for CEO’s and board directors across the country: shareholders are king. Straight-talking Chief Investment Officer Keith Rosenbloom insists boards have forgotten who they are there to represent...
In a move that could set off a bidding war, OXY announced a new, higher offer for Anadarko Petroleum, which had already announced a deal two weeks ago with Chevron. The already-high stakes in the booming domestic oil industry just got even higher...
In almost every respect, Uber looks even more dangerous than Lyft (LYFT), which is already down from its overvalued IPO price...
On March 21st, Papa John's International, Inc. announced that it was appointing NBA legend Shaquille O’Neal to its board of directors. Papa John's also announced that O'Neal would invest in nine Papa John's restaurants in the Atlanta-area and enter into a three-year endorsement agreement with the company...
Directors of public companies would serve their shareholders well by leaning into change and embracing macro trends. Everyone has heard of AI and ML but the bigger opportunity is harnessing the company’s data to drive “time to insights” of decisions. One of the best investments a company can make is in the new enterprise software capabilities companies like Palantir and Datalogue have brought to market...
Pressure is mounting on business leaders to take a stance on climate change and other hot-button policy issues...
In every organization, the board is arguably the most important leadership team. Why, then, is it acceptable for this team to be the last one to transform its way of operating?...
Roger Lynch succeeds departing CEO Bob Sauerberg, and will head a combined company that includes Condé Nast US and Condé Nast International...
While the shift is small, growing data suggests that the gender pay gap in the United States is shrinking for some women. I talked to executives from Starbucks, McAfee and Credit Karma to find out how they and other industry leaders are making equal pay and role-based compensation a new reality...
Behind every effective nonprofit organization is an effective board of directors. Unfortunately, nonprofit boards often fall short -- but there are tools that can help board members improve their performance—and the performance of their nonprofit.
Rent the Runway joins the unicorn club with a $1 billion evaluation after receiving $125 million in funding...
Instead of continuing to lose the technology arms race in research, active managers can improve returns more by engaging with board directors to improve corporate governance — particularly on technology, cyber and privacy issues...
Growing losses, low barriers to entry, poor corporate governance, and an unrealistically high valuation should diminish Lyft's IPO hype...
