As uncomfortable as it may be for executives in the hot seat, board members who are willing to ask questions and speak bluntly about concerns are a necessity.
A variety of experts told Retail Leader that despite new regulations emphasizing the need for corporate boards to take more responsibility,
The best laid succession plans often veer off course.
When PepsiCo elevated John Compton to the role of president in March, analysts speculated he was a likely successor to Chief Executive Indra Nooyi.
By its nature, risk pops up where companies least expect it. But those who anticipate the worst-case scenarios, and act swiftly when they do hit, generally weather them better than those caught completely unprepared.
The evolution of the retail industry has given rise to all sorts of new titles, including that of CISO, a key C-suite position essential to push back against the growing sophistication of global bad actors eager to exploit vulnerabilities of the rapidly expanding digital ecosystem.