Social & Mobile Networks Are "Eating the World"

"Too many boards are digitally deficient—they underestimate the power of social, mobile and cloud technologies," said Libert, a strategy and technology adviser to boards and their leaders.  "According to PriceWaterhouseCoopers, 81% of boards are ill-equipped to deal with today's risks. If boards don't attract and retain digital directors and leaders to their ranks and bolster their knowledge in this area, social networks will fundamentally disrupt their businesses and industries creating massive risks that they will not be able to mitigate."  Libert points to such companies as Netflix, Bank of America, GoDaddy, and the Susan G. Komen Foundation as examples where boards learned what can happen when boards and leaders don't appreciate the size and growing power of social and mobile networks.

Cailin Darcy