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1
ADVANCING EXEMPLARY BOARD LEADERSHIP
Source: 2014 Gartner Hype
Cycle
ADVANCING EXEMPLARY BOARD LEADERSHIP
Technology
Risk, Reward and
Reinvention
1
2
ADVANCING EXEMPLARY BOARD LEADERSHIP
Bob Zukis
@bobzukis | bobzukis@gmail.com
Eileen Bartholomew
@ebartholomew | eileen@xprize.com
Bill McCormick
bmccormick@aequitascapital.com
Our Panel
2
3
ADVANCING EXEMPLARY BOARD LEADERSHIP
Source: Gartner 2014
Got
IT?
3
4
ADVANCING EXEMPLARY BOARD LEADERSHIP
What’s Different About This
Cycle of Technology Driven
Innovation?
4
5
ADVANCING EXEMPLARY BOARD LEADERSHIP
Source: McKinsey and Company 2015
Opportunity
Risk
5
6
ADVANCING EXEMPLARY BOARD LEADERSHIP
Is Every
Company
Now A
Technology
Company?
Source: McKinsey and Company 2015
6
7
ADVANCING EXEMPLARY BOARD LEADERSHIP
Why Should a “Traditional
Company” Like a
Manufacturer, Care About
Today’s Technology?
7
8
ADVANCING EXEMPLARY BOARD LEADERSHIP
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.”
8
9
ADVANCING EXEMPLARY BOARD LEADERSHIP
Source: PwC 2015
9
10
ADVANCING EXEMPLARY BOARD LEADERSHIP
Why Are Boards Slow at
Understanding Opportunity
Risk and What Can They Do
To Improve?
10
11
ADVANCING EXEMPLARY BOARD LEADERSHIP
TheRisingTide
ofReinvention
11
12
ADVANCING EXEMPLARY BOARD LEADERSHIP
TheRisingTide
ofReinvention
• The 3rd Industrial Revolution – new
tools, new ways to shape our world
12
13
ADVANCING EXEMPLARY BOARD LEADERSHIP
TheRisingTide
ofReinvention
• 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.
13
14
ADVANCING EXEMPLARY BOARD LEADERSHIP
• 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
TheRisingTide
ofReinvention
14
15
ADVANCING EXEMPLARY BOARD LEADERSHIP
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?
15
16
ADVANCING EXEMPLARY BOARD LEADERSHIP
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?
16

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USC NACD Final

  • 1. 1 ADVANCING EXEMPLARY BOARD LEADERSHIP Source: 2014 Gartner Hype Cycle ADVANCING EXEMPLARY BOARD LEADERSHIP Technology Risk, Reward and Reinvention 1
  • 2. 2 ADVANCING EXEMPLARY BOARD LEADERSHIP Bob Zukis @bobzukis | bobzukis@gmail.com Eileen Bartholomew @ebartholomew | eileen@xprize.com Bill McCormick bmccormick@aequitascapital.com Our Panel 2
  • 3. 3 ADVANCING EXEMPLARY BOARD LEADERSHIP Source: Gartner 2014 Got IT? 3
  • 4. 4 ADVANCING EXEMPLARY BOARD LEADERSHIP What’s Different About This Cycle of Technology Driven Innovation? 4
  • 5. 5 ADVANCING EXEMPLARY BOARD LEADERSHIP Source: McKinsey and Company 2015 Opportunity Risk 5
  • 6. 6 ADVANCING EXEMPLARY BOARD LEADERSHIP Is Every Company Now A Technology Company? Source: McKinsey and Company 2015 6
  • 7. 7 ADVANCING EXEMPLARY BOARD LEADERSHIP Why Should a “Traditional Company” Like a Manufacturer, Care About Today’s Technology? 7
  • 8. 8 ADVANCING EXEMPLARY BOARD LEADERSHIP 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.” 8
  • 9. 9 ADVANCING EXEMPLARY BOARD LEADERSHIP Source: PwC 2015 9
  • 10. 10 ADVANCING EXEMPLARY BOARD LEADERSHIP Why Are Boards Slow at Understanding Opportunity Risk and What Can They Do To Improve? 10
  • 11. 11 ADVANCING EXEMPLARY BOARD LEADERSHIP TheRisingTide ofReinvention 11
  • 12. 12 ADVANCING EXEMPLARY BOARD LEADERSHIP TheRisingTide ofReinvention • The 3rd Industrial Revolution – new tools, new ways to shape our world 12
  • 13. 13 ADVANCING EXEMPLARY BOARD LEADERSHIP TheRisingTide ofReinvention • 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. 13
  • 14. 14 ADVANCING EXEMPLARY BOARD LEADERSHIP • 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 TheRisingTide ofReinvention 14
  • 15. 15 ADVANCING EXEMPLARY BOARD LEADERSHIP 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? 15
  • 16. 16 ADVANCING EXEMPLARY BOARD LEADERSHIP 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? 16