article thumbnail

Preview Thursday: Benefit Corporation Law and Governance: Pursuing Profit with Purpose

Lead Change Blog

I spent almost 30 years as a lawyer in private practice, advising business leaders on Delaware corporate law issues – addressing matters like preferred stock financings, IPOs, mergers, hostile takeovers, proxy contests, corporate governance and fiduciary issues. My own story is an interesting backdrop.

article thumbnail

StrategyDriven Editorial Perspective – Panic of 1907 vs Great Recession of 2008

Strategy Driven

This year, 2013, marks the 100th anniversary of the Federal Reserve System, and central bankers are taking a historical perspective. He went on to describe the similarities between the banking crisis of 1907 – the one that inspired the formation of the Federal Reserve – and the more recent 2008 financial crisis.

Banking 50
Insiders

Sign Up for our Newsletter

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

article thumbnail

Ensuring your business’s data integrity empowers profitable business decisions

Strategy Driven

Breaches of data integrity, or BDIs, can damage a company’s reputation, demographic, product or service, or what’s worse, and often the outcome, finances. The data with which is used to make decisions must be accurate, consistent, and reliable. Target Data Breach Impacted As Many As 110M People. The Fiscal Times. Retrieved from [link].

article thumbnail

How Corporate Boards Connect, in Charts

Harvard Business Review

We plotted shared directorships among 176 large companies in 1976 and 2013, two years that followed a major global economic crisis. Only about 18% of interlocks were international in 1976, and most of those were transatlantic links in finance and energy — two of the first industries to begin globalizing. Board Interlocks, 2013.

Crisis 8
article thumbnail

How Companies Are Already Using AI

Harvard Business Review

For example, our survey, which asked managers of 13 functions, from sales and marketing to procurement and finance, to indicate whether their departments were using AI in 63 core areas, found AI was used most frequently in detecting and fending off computer security intrusions in the IT department. AI wasn’t new at Microsoft.

Company 13
article thumbnail

What GE’s Board Could Have Done Differently

Harvard Business Review

in 2013 to 3.7 The Board Had No Finance Committee. GE’s board had another major structural defect: It lacked a finance committee. If the GE board had had a finance committee, the board might have done a better job of overseeing the design and funding of its retirement plans. The board has since transformed.

article thumbnail

How GE Applies Lean Startup Practices

Harvard Business Review

In 2008, GE corporate decided to invest $1 billion in the $5.6 In January 2013, Chip Blankenship, CEO of GE Appliances issued a challenge to the newly formed team: “You’re going to change every part the customer sees. In January 2013 the team came out with a “minimum viable product.” and compete successfully.

Ries 11