The New York Times Saturday quotes Patrick McGurn, special counsel for Institutional Shareholder Services (ISS), who states that “shareholder efforts to remove directors in uncontested elections rarely succeed or come close, even in egregious circumstances.” In 2012, there were elections for 17,081 director nominees at U.S. corporations. According to ISS, just 61 of those nominees [...]
Tag Archives | Business Strategies
Lessons from when TED Lost Control of Its Crowd:
Today, Harvard Business Review’s (the premier management magazine in the world) magazine for April was released. (Check out the upper corner, because this is fun news to share!) One of the featured 3,000-word articles is on Leading in the Social Era. It’s entitled, When TED Lost Control of it’s Crowd. In this article, I discuss [...]
Like a Virgin
I was recently flying Virgin America on my way home from NYC. I usually check my watch just as the gates are about to close, to see if we’re leaving on time and the next phase countdown for the journey. In this instance, as I looked down, there was no watch. This watch was the [...]
3 Must-Reads for this Weekend #13
Welcome to Fall, 2012! Hope you are getting your pumpkins, and your fall gear out this weekend. There’s a definite crispness in the air here in California. These stories caught my eye this week; All address the tension of scale and meaning, much like #SocialEra. 75% of the S&P500 in 2020 won’t be ones we [...]
Our Obsession with Scale is Failing Us
Bank of America just announced they will cut 16,000 jobs by year-end, an acceleration of a previously announced “efficiency effort.” After this, they’ll no longer be the largest banking employer. Now, it’s easy to think that Bank of America is failing, that it’s yet another bad situation related to a down economy. But there’s something [...]
Traditional Strategy Is Dead. Welcome to the #SocialEra
When I say, “Social is and can be more than media,” people resist. It’s as if the two words (social and media) are now permanently fused together. But they shouldn’t be. The fact that they are joined at the hip in so many people’s minds means that marketing agencies are thriving — but that the [...]
Resilient Organizations & Open Networks
In Philip Auserwald’s recent book, The Coming Prosperity, he mentioned that open networks beat closed networks and larger networks beat smaller networks. As regular readers know, I’ve been talking about similar ideas in the fast/fluid/flexible series on business models. His set of ideas provoked me into asking a series of questions to and with Philip [...]
Stop Talking About Social and Do It
“Leadership” has changed when a decentralized group of people can take down a government. “The Value Chain” has changed when the customer is no longer just the “buyer” but also a co-creator. “Human Resources” have changed when most of the people who create value for your organization are neither hired nor paid by you. “Competition” [...]
Rules for The Social Era
I mentioned in a prior post that I would soon update what has been keeping me heads-down. For months now, my Harvard editor and I have been planning on a series on the Social Era — and what it takes to win in it. Instead of ‘Built to Last’, we need to ‘Build for Speed’. [...]
Yahoo’s ShakeUp Demands Fearlessness
Four longtime Yahoo board members, including the chairman, are leaving the company. In this one move, Yahoo is trying to make a clean break from the past — signaling that they are primed to reboot. It’s a much-needed and long-overdue step on the path to shifting trajectories. The Pattern of Failing Organizations Larger organizations follow [...]