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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Charles Noski, who in May was named executive vice president and CFO at Bank of America, is a director of Microsoft, a position he has held since November 2003. Until recently, Noski also was on the board of Air Products & Chemicals, Automatic Data Processing (ADP), and the Performing Arts Center of Los Angeles County. Noski also has been a director at Morgan Stanley, AT&T, and Northrop Grumman.
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.