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Innovation Should Be a Top Priority for Boards. So Why Isn’t It?

Harvard Business Review

Fewer than one-third (30%) of respondents to our survey see innovation as one of the top three challenges their company faces in achieving its strategic objectives, and just 21% think that technology trends are a major strategic challenge. chemicals, metals & mining, paper & forest products). Director Recruitment and Skills.

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Talent Management: Boards Give Their Companies an "F"

Harvard Business Review

Not innovation, risk management, technology, debt, or the regulatory environment. Corporate directors identified talent management as their single greatest strategic challenge. chemicals, metals & mining, paper & forest products). Talent management' And what did they say was their biggest concern?

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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

For instance, the cost of building and equipping a leading-edge semiconductor fab has climbed to $7 billion, as the technology required to make more advanced chips is getting more complex. In many industries, the capital required to build an asset of minimum efficient scale is growing. Dual asymmetrical joint venture.

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Consumer Warning Labels Aren’t Working

Harvard Business Review

A label may read, for example : “WARNING: This product contains a chemical known to the state of California to cause cancer.” ” Many consumers regard this cancer warning as comparable in severity to cigarette warnings, even though the risk levels depend on the chemical present and often differ markedly.

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Joining Boards: It's Not Just Who You Know That Matters

Harvard Business Review

And 43% cited technology expertise, HR-talent management, international-global expertise, and succession planning as the skills missing most on their boards. The industry with the greatest skills gap was IT & telecommunications, whose boards are in serious need of international-global expertise and HR-talent management.

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How Multinationals Can Grow in the Middle East and Africa

Harvard Business Review

Despite lower oil prices, currency depreciations, higher taxes, and geopolitical uncertainty, the region is still rich in opportunities, from selling efficiency-enhancing technology to the Saudi government to offering Western products to 100 million Ethiopian consumers.

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7 Charts Show How Political Affiliation Shapes U.S. Boards

Harvard Business Review

Meanwhile, Democrats place greater importance on technology expertise and risk management. It’s important to note that the representation of Democrats on risk committees is disproportionately high. chemicals, metals & mining, paper & forest products).