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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Being on the board at a large multinational corporation is not new to Oracle board member Michael Boskin. After all, Boskin also is on the board of Exxon Mobil, and has sat on the boards of Vodafone and Shinsei Bank.
Boskin, the T.M. Friedman professor of economics and senior fellow at the Hoover Institution of Stanford University, has helped guide the oil giant since 1996 and joined Oracle's board in April 1994. In addition to his professorship, he is president and CEO of consulting firm Boskin & Co. Tapping Boskin's financial acumen, he has been a member of Oracle's Finance and Audit Committee since July 1994, and vice chair of the Finance and Audit Committee since August 2005.
He has been a member of the Nomination and Governance Committee since July 1994. President George H. Bush named Boskin chairman of the President's Council of Economic Advisers from February 1989 until January 1993.
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.