USC NACD Final
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ADVANCING EXEMPLARY BOARD LEADERSHIP Source: 2014 Gartner Hype Cycle ADVANCING EXEMPLARY BOARD LEADERSHIP Technology Risk, Reward and Reinvention 1
Transcript of USC NACD Final
1 ADVANCING EXEMPLARY BOARD LEADERSHIP
Source: 2014 Gartner Hype Cycle
ADVANCING EXEMPLARY BOARD LEADERSHIP
Technology Risk, Reward and
Reinvention 1
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Bob Zukis @bobzukis | [email protected]
Eileen Bartholomew @ebartholomew | [email protected]
Bill McCormick [email protected]
Our Panel
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Got IT?
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What’s Different About This Cycle of Technology Driven Innovation?
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Source: McKinsey and Company 2015
Opp
ortu
nity
R
isk
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Is Every Company Now A Technology Company?
Source: McKinsey and Company 2015
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Why Should a “Traditional Company” Like a Manufacturer, Care About Today’s Technology?
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A carefully written manual “Your Telephone – “Asset or Liability” especially for the use of executives…
June 24, 1916
“…meant an immediate saving of over a week per year of the time of every
telephone user from the $10 a week clerk to the $100,000
a year executive.”
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Source: PwC 2015
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Why Are Boards Slow at Understanding Opportunity Risk and What Can They Do To Improve?
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The
Ris
ing
Tide
of
Rei
nven
tion
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The
Ris
ing
Tide
of
Rei
nven
tion
• The 3rd Industrial Revolution – new tools, new ways to shape our world
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The
Ris
ing
Tide
of
Rei
nven
tion
• The 3rd Industrial Revolution – new tools, new ways to shape our world
• New Behaviors and Economic Incentives – productivity, lower transaction costs, knowledge amplification and symmetry, et al.
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• The 3rd Industrial Revolution – new tools, new ways to shape our world
• New Behaviors and Economic Incentives – productivity, lower transaction costs, knowledge amplification and symmetry, et al.
• Unprecedented Shifts – demographics, economic power, social mandate, environmental stress Th
e R
isin
g Ti
de
of R
einv
entio
n
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Takeaways Eileen
>Are you thinking local and linear, or global and exponential? >How are you adopting breakaway tools and business models to disrupt yourself first? > Where and how do you attempt crazy ideas?
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Takeaways Eileen
>Are you thinking local and linear, or global and exponential? >How are you adopting breakaway tools and business models to disrupt yourself first? > Where and how do you attempt crazy ideas?
Bill >Are Board Directors open minded and inquisitive enough? >Are you experimenting enough? >Do you have the right skills and experiences in the Boardroom?
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