article thumbnail

What’s the Endgame for Social Media?

Harvard Business Review

When my co-founder Steve and I originally pitched Hearsay Social to venture capital firms in Silicon Valley in 2009, many passed because they thought Facebook, Twitter, and LinkedIn were passing fads headed for the same fate as MySpace and Friendster. Social media has come a long way.

Media 13
article thumbnail

Citigroup: A Symbol of Board Resurgence?

Harvard Business Review

Or, put more positively: have a much stronger sense of duty, independent of the CEO, actually to do what corporate law says directors should do — really oversee the management of the corporation at a fundamental, not micro, level. Let us not over-praise O'Neil.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Political Case Against Out-Sized Executive Pay

Harvard Business Review

As in 2008-2009 when excessive pay was seen as linked to excess risk-taking, the issue — and the broader role of business in society — is under heightened scrutiny and needs to be addressed by the business community. (See At a minimum, the report should be carefully scrutinized by U.S.

article thumbnail

The Faustian Bargain of Online Services

Harvard Business Review

In November 2009 I took leave from my academic position to serve as the Secretary General for Information Systems at the Greek Ministry of Finance. The platform the perpetrator used to read my email was a cloud-based email provider corporate account.

article thumbnail

Corporations Weren’t Designed to Run on Code

Harvard Business Review

Corporations have been great at extracting money from all corners of the world, but they don’t really have great ways of spending or investing it. In 2009, a study initiated by economic futurists at Deloitte’s Center for the Edge dubbed this “the Big Shift.” The cash does nothing but collect. Insight Center.