The board of directors' primary responsibility is to protect the assets of shareholders, trying to ensure they receive a strong return on their investments. In some cases, directors include venture capitalists or angel investors who have invested in a technology business. In others, directors are selected from outside the IT industry, perhaps because of their connections or success in complementary businesses. A board of directors can be a big asset. After all, the board gives a business the opp
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Following the drama of Mark Hurd's exit, HP's board elected newly crowned CEO and president Leo Apotheker to its membership. While the soap opera goings-on at HP may be a novelty, the responsibilities of the boardroom are not to Apotheker, who previously was CEO and a board member at SAP.
Apotheker also serves as vice chairman of the supervisory board of Schneider Electric SA and is a member of the board of GT Nexus and the board of PlaNet Finance, a not-for-profit organization.
The Business of Going DigitalDigital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.