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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Unlike some venture capitalists who sit on the boards of larger start-ups or well-established companies, Esther Dyson appears to prefer guiding smaller or newer entities. Dyson, who spearheads EDventures, participates on a number of boards, including consumer genetics firm 23andMe, Airship Ventures, Boxbe, Eventful.com, Evernote, Meetup, NewspaperDirect, Voxiva, WPP Group, and Yandex. In addition, Dyson -- who spent about six months training to become a cosmonaut -- sits on the Russian government's commission to establish a Russian Silicon Valley.
Dyson also was founding chairman of ICANN, the Internet Corporation for Assigned Names and Numbers, the international agency that sets policy for the Internet's technical standards and domain name system. She contributes money and time to emerging organizations such as the Santa Fe Institute, the Sunlight Foundation, StopBadware.org, and the Eurasia Foundation.
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.
InformationWeek Tech Digest, Nov. 10, 2014Just 30% of respondents to our new survey say their companies are very or extremely effective at identifying critical data and analyzing it to make decisions, down from 42% in 2013. What gives?