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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Patricia Stonesifer has been a director at Amazon since 1997, helping the online retailer grow from an e-tail glimmer in Jeff Bezos' eye to the sales giant it has become. Stonesifer, who has served as chair of the Board of Regents of the Smithsonian Institution since January 2009, has been a senior advisor to the Bill and Melinda Gates Foundation since January 2008. Prior to that, she was CEO of the Gates Foundation from January 2006 to September 2008, and president and co-chair from June 1997 to January 2006.
In addition to being a private philanthropy adviser, Stonesifer was a director of Viacom. She previously worked at Microsoft in a variety of positions.
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?