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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As both CEO and chairman of Google, until his recent ceding of the CEO role to co-founder Larry Page, Eric Schmidt held the company's reins in both hands. Yet, his sphere of influence once extended beyond the search giant's colorful campus, into neighboring Apple's complex, where he sat on the board of Steve Jobs' empire until his resignation in August 2009 amid intensifying regulatory scrutiny due to the two companies' increasing competition.
Schmidt is chairman of the board for the New America Foundation, a nonprofit, nonpartisan public policy institute that invests in new thinkers and new ideas to address the next generation of challenges facing the United States.
In addition, in 2009 President Obama appointed Schmidt to the Presidential Commission on Advancements in Science and Technology.
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.