Lead Change Blog

JANUARY 11, 2018

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. But then something happened to change my view of the shareholder primacy model.

Hostile Takeover 191

Hostile Takeover IPO Short-term Committee 191

Harvard Business Review

APRIL 14, 2017

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 12

Company Survey Finance Engineering 12

Harvard Business Review

JULY 17, 2018

in 2013 to 3.7 In my view, however, the structure and processes of the GE board were poorly designed for effectively overseeing Immelt and his management team. The Board Had No Finance Committee. GE’s board had another major structural defect: It lacked a finance committee. in early 2018, according to Moody’s.

Committee 8

Committee Welch Finance Participative 8

Harvard Business Review

APRIL 23, 2014

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 10

Ries Waterman Finance Competitive Advantage 10

Harvard Business Review

JANUARY 12, 2018

Does a robot manage your money? Robo-advisors, which were introduced in 2008 , are steadily eating up market share from their human counterparts much the way that Amazon and Netflix have taken share from Walmart and Regal Cinemas. This would represent between 10% and 15% of total retail financial assets under management.

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

OCTOBER 6, 2016

Former employees have alleged a “soul-crushing” culture of fear and daily intimidation by managers, where they were pressured to reach extreme sales goals, some by breaking the law. Along with fixing the sales culture, the bank will have to address these critical management issues to prevent the next scandal.

Banking 10

Banking Committee Leadership Ethics 10

Harvard Business Review

DECEMBER 28, 2017

Tobacco production, the country’s main foreign exchange earner, slumped dramatically between 2000 and 2008.) After Mugabe claimed victory in a disputed election in 2013, however, corruption increased , while the strengthening U.S. Mnangagwa’s first actions in office underscore how important he views economic recovery.

Banking 8

Banking First-mover Advantage Politics Finance 8