Today's Board of Directors (BoDs) are faced with broader expectations and responsibilities than a few years ago. To build long-term value for the organizations they serve, directors are increasingly asked to spend more time on value-creating activities, instead of focusing on narrower governance responsibilities. However, recent research suggests that many board members are not prepared for this type of shift as they generally do not have a comprehensive understanding of their organization, how it creates value, the overall strategy, or the organization's talent situation. During this exclusive webcast, Strategy and Corporate Finance Practice experts will discuss the results of the Quarterly's 2015 global survey on board governance, the implications for board effectiveness, and the common success factors of high-performing boards. They will also explain that in order to increase BoD effectiveness, executives must first ask board members to make a shift in culture, behavior, structure and time allocation to help move the board’s attitude from reactive to proactive. Read More..
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A forthcoming MGI report, "Playing to win: The new global competition for corporate profits" warns of slowing profit growth in the decade ahead. An analysis of more than 30,000 large firms around the world reveals that net income rose five-fold from 1980 to 2013 as companies benefited from vast new market opportunities and declining costs. But this era of stellar growth may be coming to an end. New competitors from emerging markets and from the technology side are creating a winner-take-all dynamic in idea intensive industries and tightening margin pressures in capital-intensive sectors. By 2025, corporate profits, currently almost 10 percent of global GDP, could shrink to less than 8 percent — undoing in a single decade nearly all the gains achieved relative to the world economy over the past three decades. Incumbent industry leaders cannot afford strategic inertia if they hope to stay on top in this new hyper-competitive environment. During this webcast, our presenters will discuss the implications for both established and emerging companies, and share winning strategies and key characteristics that must be in place for firms to succeed in the volatile era ahead. Read More..
In this week’s 19 alumni headlines, William Hague is named a member of the UK’s House of Lords; Birgit Bohle and Manuel Rehkopf take new senior executive roles at Deutsche Bahn; Julie Morel is appointed Advisor to the French Minister of Economy; Sumit Jamuar is named CEO of SBICAP UK; and more. Read More..
In this week’s 18 alumni headlines, Regina Groves is named CEO of REVA Medical; Perttu Louhiluoto is named President, Services at Metso; J.D. Hickey is named CEO of BlueCross BlueShield of Tennessee; Michael Stewart is appointed to ICAEW’s board; Sue Hooper joins the board of Rank Group as a non-executive director; and more. Read More..
In this week's 16 alumni headlines, Elena Sukacheva joins the Management Committee of The Economist; Juan Uro joins the National Basketball Association (NBA) as EVP, Finance and Strategy; Harald Aarø takes an executive role at Kongsberg Oil & Gas Technologies; Patrick Kennedy is named the non-executive chairman of CarTrawler; several alumni-led companies are named to Inc.'s list of the fastest-growing private companies; and more. Read More..
Sundar's new role as CEO is the latest in his eleven years at Google – years that a colleague says are characterized by “being this guy that always launched things that people wanted.” This profile describes why his engineering and business acumen are just part of what has made him so successful. Read More..
In this week's 14 alumni headlines, Antonio Simoes is promoted at HSBC to Chief Executive, Europe; Claudia Harris joins the UK's new Careers & Enterprise Company as CEO; Scott Beardsley is the new Dean of the University of Virginia's Darden School of Business; Wolfgang Baier receives the Singapore Corporate Award for best CEO of a large-cap company; and more. Read More..
In this week's 18 alumni headlines, Anjali Bansal is named a Managing Director at TPG Growth; Alastair Bell and Amar Desai are selected by Becker Hospital Review as 'young rising stars' in healthcare; Thomas Vollmoeller joins the board of Ravensburger; Nigel Wilson is appointed to David Cameron's Business Advisory group; and more. Read More..
Sue brings 21st-century efficiency to the 500-year-old institution, which she says is about more than just delivering the mail – it aims to make communities better. She discusses her COO role, and why she finds it a “once in a lifetime” opportunity. Read More..
June's 95 alumni stories feature a number of achievements and prominent appointments, including: George Kurian is named CEO of NetApp, and Mike Nevens is named Chairman of NetApp’s board; Joanna Rotenberg is named Head of Personal Wealth Management at BMO Financial Group; Carolyn Fairbairn is named Director-General at the Confederation of British Industry (CBI); four alums are on Glassdoor’s list of the UK's 25 best bosses; Lila Snyder is named President of Pitney Bowes’ new global e-commerce business unit; Alexander Dibelius will join CVC Capital Partners; Tobias Ohler will become CFO of Wacker Chemie AG; Joëlle Grünberg is appointed CEO of Lacoste North America; and many more. Please click 'Read More' for an overview of all of June's alumni headlines, organized by industry. Read More..
In this week's 15 alumni headlines, Matthew Trerotola is named CEO of Colfax; David Song is named CEO of Nike Korea; Marcia Morales-Jaffe joins PayPal as Chief Human Resources Officer; Catriona Fallon joins Marin Software as EVP and CFO; Jeff Evenson is elected CSO at Corning; Matthew Frost is appointed to the Church of England's Archbishops' Council; and more. Read More..
Stacey plays an increasingly hands-on role as a non-executive director at the UK real estate investment trust. In its annual report, Land Securities features Rauch in an article describing her contributions. Read More..