I have also seen boards bring in both buy-side and sell-side analysts to talk about how they value the company or where they see opportunities. The ultimate job of the board is to represent the shareholders, so having that shareholder perspective is invaluable, not only to the boar...
However, it could well be the case that the banking sector is an exception to this because of the current crisis and various public scandals. So whether it is Campina in the Netherlands or Dutch Lady in Vietnam, our brands need to be close to the cus...
Krol added, “at Tyco I was involved nearly every day for a year during the crisis, either at a company location or on the phone.” (Krol was referring to Tyco’s 2002 financial woes, which were compounded by accounting scandals involving its former CEO L. Dennis Kozlowski.) Indeed, ...
One of the things that’s really jarring to me is that so much corporate surveillance of employees involves low-ranking figures in the company who simply don’t have the capacity to bring the company down. When you think about all of the corporate scandals of the last several de...
One area our predictions missed, however, was by anticipating that consumers, as they became more individualistic in their choices, might focus less on basic product reliability and safety. Perhaps in part because of a number of more recent food scandals, however, consumers seemed more concerned ...
As climate change accelerates, OEMs are using applied AI to identify environmental, social, and governance risks along the supply chain. For instance, algorithms can analyze news items about suppliers to identify potential problems, such as a history of pollution or recent sc...
Sandra Sancier-Sultan: The financial-services sector has weathered many scandals and crises in recent years. Like many banks, Société Générale has faced challenges. When we spoke with you a decade ago, you talked of remaining calm as a le...
One is to improve the quality and the integrity of academic research, and this has become acute given some recent fraud scandals. The other is to increase the transfer of knowledge from academia to downstream commercialization. To improve the quality and integrity of academic research, we must ...
Strong signs of shareholder activism have come in the wake of the many corporate scandals in the United States and Europe over the past few years. Once treated by management as a minor annoyance, activist investors are now increasingly central in the push for corporate-governance reform. In th...
In one Chinese company’s R&D organization, the average compensation cost rose to $70,000. Accounting scandals in Chinese companies grew in number and scale through 2012 and continued in 2013, at a pace faster than I had anticipated and across a broader range of industries. Even an ...