Author Archives for Peter Gleason

Disruption or Distraction? Focused Oversight in the Age of Innovation

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Over the years, the Consumer Electronics Show (CES) in Las Vegas has featured miles of technology and millions of people—2.75 million square feet for 3,900 booths and nearly 185,000 attendees in 2018 alone. Under those tents are innovations that will disrupt markets and your companies. The question is, which ones? Not every innovation is disruptive, and not every market is vulnerable. According to a recent blog by Harvard professor Clayton M. Christensen, written shortly before the most recent CES event in January, “disruptive innovation,” a term Christensen coined in 1995, is “the process by which products and services, often less... Read More


The Power of Principles

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An old boardroom adage is that directors must be “proactive,” rather than “reactive.” But what does this mean? When disruptive events occur, boards need to respond to them—so isn’t this reaction? I believe that board action must be based on principles, which I define (with Merriam-Webster) as a “moral rule or belief that helps us know what is right and wrong and that influences our actions.”  A board’s response is reactive if directors focus mainly on an event; it is proactive if it stems from their values. Principles Matter Principles can make a positive difference in the destinies of enterprises that embrace... Read More


Culture: The Board’s Expanding Frontier

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With headlines trumpeting high-level firings for “inappropriate behavior” in a variety of domains, it’s become more obvious than ever that corporate culture matters, and that boards should oversee it. So what exactly is corporate culture, and how can it be overseen? These questions might sound new, but they are as old as the corporate governance movement that began some 40 years ago when NACD was founded. Indeed, for the past four decades, the role of the board in overseeing corporate culture has been growing in breadth and depth, and much can be learned from history. The Foreign Corrupt Practices Act... Read More