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
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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
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Let’s Talk Defense
Part 1
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1.3B 1.1B
310M 330M 850M
1.0B
Social Networks Are Growing
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$487B $413B $40B
…So Are Mobile Networks
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…And Cloud Compu*ng
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Together, They Are Ea*ng Countries
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…Companies
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…Data (cyber risks)
!
!
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…And En*re Industries
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Risks: 1.0 to 2.0
4/10/12
Risks
1.0
2.0
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Let’s Talk Offense
Part 2
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WHERE ARE OUR CUSTOMERS?
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Social Networks
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Mobile Networks
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Video Networks
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Spending on TV and print in US has dropped by 40% in 3 years
Revenues Doubled and Net Income Increased 400%
The Results
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Let’s Talk Results
Part 3
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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
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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
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Business Model: What’s Yours?
Grow
th
Profits
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Risk: Where Are Your Looking?
Grow
th
Profits
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Risk: What are You Measuring?
Grow
th
Profits
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Investment: What Is Your Preference?
Grow
th
Profits
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Risk: How Do You Allocate Capital?
Grow
th
Profits
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Who Are You?
Risk Score: ____ _____ Investment Score: ____ _____
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Risks
Ac*on: Take CARE for Results
Returns
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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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