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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Marc Andreessen, founder of Netscape, Opsware, co-founder and chairman of Ning, and the former CTO of AOL, continues to help shape today's IT and consumer markets by sitting on the boards of both old-school and newer technology businesses. In 2009, the general partner of Andreessen Horowitz joined the board of HP, about a year after joining the board of social media giant Facebook.
Despite some printed speculation about competitive concerns due to Andreessen's continued role at Ning, the longtime technology guru is perceived as a mentor to Facebook founder Marc Zuckerberg, according to published reports. Since Mark Hurd's forced resignation came soon after Andreessen had joined HP's board, there was some speculation that Andreessen, who headed the search committee for Hurd's replacement, was the force behind the move. Andreessen declined to comment.
In addition, Andreessen sits on the boards of eBay; Twelve Entrepreneuring; Octopus; Kno, and Skype Sarl.
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.
. We've got a management crisis right now, and we've also got an engagement crisis. Could the two be linked? Tune in for the next installment of IT Life Radio, Wednesday May 20th at 3PM ET to find out.