The Importance Of Transparency During A Crisis

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the ceo magazine, business management
Peter LaMotte, Senior Vice President, LEVICK

“Transparency” is a buzzword that’s tossed around a lot, but how many CEOs and business owners truly understand what the concept entails (and support it)? To some, it means offering somewhat more information during a crisis, while maintaining a tight rein on what’s actually shared with investors, the media and the public at large.

But genuine transparency involves providing access to information people want or need, not what feels “right” to the business itself.

The NBC Debacle - What Can be Learned from it?

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(Note: This month’s entry is inspired by the current controversy surrounding NBC news anchor Brian Williams and his purposeful reporting of inaccurate information.  Several references will be made to that ongoing event in order to draw parallels that can be used as perspective for professionals in the business world). 

Political Advocacy Can Help Your Business

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John Thibault, iLobby

            Technology offers more ways than ever for Americans to interact with their government, yet the turnout for the 2014 midterm elections was the lowest in 72 years. Even though citizens can read bills online, email their legislators and follow politicians on Twitter, many opt out of the political process.

            But apathy isn’t an option for forward-thinking CEOs. While the business mantra is “the customer is always right,” the addendum today is, “the government is always right there.” As such it is second only to your consumer base in its ability to affect the economic value of your business. That’s why more companies are developing a governmental affairs department. While leaders of smaller businesses may question whether they can afford an investment of this type, a better question is: can you afford not to?

Stop the Conversation

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the ceo magazine, leadership

Media mavens and human resource professionals seem to collaborate periodically to establish, the cliché of the day. For a while it was “That being said.” Before that, it was touching base, doing a deep dive, cascading, at the end of the day, and the bottom line. Now we all need to “start the conversation.”

Pick any item in the news: racial unrest, trouble in the Middle East, immigration, or public school reform. Everyone wants to “start a conversation” or “join the conversation,” but no one actually changes anything, sets a deadline for accomplishing it, defines the tactics that would make sense, or establishes who’s in charge. All this might explain why Congress has just received its all-time lowest approval ratings.

The Missing Perspective in the Boardroom: Millennials

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the ceo magazine, business management
Deborah DeHaas, Vice Chairman, Chief Inclusion Officer & National Managing Partner, Center for Corporate Governance, Deloitte LLP

There is no shortage of articles about the need for greater diversity among boards of directors at US organizations. And no doubt, some boards are moving in the right direction, although generally at a slow pace. The 2014 Boards Practices Report, published by the Society of Corporate Secretaries and Governance Professionals in collaboration with Deloitte LLP's Center for Corporate Governance, found that, on average, 18 percent of the 250 public companies surveyed had increased the number of women on their boards last year.

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