nacd: social networks are creating new risks for boards
DESCRIPTION
Presentation to NACD on how social, mobile and cloud technologies are creating risks (and potential rewards) for corporate directors and their shareholdersTRANSCRIPT
Social -‐ Mobile – Cloud Are They Ea*ng Your World?
What Leaders and Boards Can Do To Mi*gate Risks and Invest for Results
Barry Libert Chairman, Open MaFers
Managing Partner, Board Advisory Prac*ce Epsen Fuller Group
Let’s Talk Defense
Part 1
1.3B 1.1B
310M 330M 850M
1.0B
Social Networks Are Growing
$487B $413B $40B
…So Are Mobile Networks
…And Cloud Compu*ng
Together, They Are Ea*ng Countries
…Companies
…Data (cyber risks)
!
!
!
…And En*re Industries
Risks: 1.0 to 2.0
4/10/12
Risks
1.0
2.0
Let’s Talk Offense
Part 2
WHERE ARE OUR CUSTOMERS?
Social Networks
Mobile Networks
Video Networks
Spending on TV and print in US has dropped by 40% in 3 years
Revenues Doubled and Net Income Increased 400%
The Results
Let’s Talk Results
Part 3
Remember: Social and Mobile Networks
"EVERY company today is, at its heart, a technology company…and EVERY board and senior leadership team needs a technology
disruptor, or even two!”
Pat Russo, Former CEO, Alcatel-‐Lucent
4 Key Ques*ons
Orienta;on: What Are Your Objec*ves?
Assessment: How Do You Manage and Measure Risk? Focus: Internal or External (I vs. E) KPI’s: Financial or Non-‐Financial (F vs. N)
Ac;on: How To Allocate Capital and Produce Returns? Preference: Physical or Digital (P vs. D) Alloca*on: Same or Different (S vs. D)
Reallocate: How To Reallocate Capital for Success?
1 2
3 4
Business Model: What’s Yours?
Grow
th
Profits
Risk: Where Are Your Looking?
Grow
th
Profits
Risk: What are You Measuring?
Grow
th
Profits
Investment: What Is Your Preference?
Grow
th
Profits
Risk: How Do You Allocate Capital?
Grow
th
Profits
Who Are You?
Risk Score: ____ _____ Investment Score: ____ _____
Risks
Ac*on: Take CARE for Results
Returns
Web: www.barrylibert.com; www.epsenfuller.com TwiFer: @barrylibert @epsenfuller Blog: hFp://barrylibert.com/blog
Thank You!
Barry Libert Chairman, Open MaFers Managing Partner, Board Advisory Prac*ce Epsen Fuller Group
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