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All businesses will need legal advice and services at some point. However, many small and medium-sized growing organizations do not need (or cannot justify the cost of) a full-time general counsel, let alone an in-house legal department. However, these companies often need practical, “get it right” advice from skilled and experienced lawyers. have deep knowledge of their business When navigating the risks and opportunities associated with profitable, sustainable growth. Hiring a different lawyer or law firm for each new case or issue can be extremely cumbersome and inefficient, especially if you have to educate them about your business each time…

Leadership matters. It fundamentally informs our ability to progress individually, organizationally and societally. It provides the energy and direction to facilitate creation, transformation and evolution. Indeed, leadership is at the heart of our capacity to survive as a species, as we navigate increasing connection and interdependence, war, climate change, pandemics, proliferation of misinformation, genetic engineering, AI-driven technologies, and other challenges and opportunities. Good leadership has been proven to matter across domains. For example, great leaders can drive the economic success of their companies and influence technology innovation that can transform society and improve living conditions. At the same time, challenged…

T-Mobile's Peter Osvaldik, recipient of the 2024 CFO of the Year award from StrategicCFO360 and the CFO Leadership Council, reflected on his promotion from accounting and management and had the following message for the finance executives in attendance: said. The next generation of CFOs: “Be proud of all the effort you put in. You are entitled to it because you are here, but we have a responsibility to pay it back to those below you. Start. Give them the opportunity that someone gave you.” Speaking to finance executives gathered at New York's Rockefeller Center just before the holidays, Oswaldyk acknowledged…

As the 2025 voting season gets underway, dual-class stocks could once again become a common target for proxy rating firms and activist investors. These reflexive critics overlook the reality that dual-class shares are often important guardians of shareholder value and enable important structural benefits, such as:• More efficient capital allocation: Unlike nearly all of its peers, Warren Buffett's Berkshire Hathaway has never paid a dividend, and Berkshire's dual-class stock structure allows Buffett to virtually ignore occasional sniping from speculators. It's done. Over time, we found that reinvesting retained earnings was 30 times more profitable for shareholders than if Berkshire paid…

Jim Benson, a veteran technology finance executive, joined publicly traded Dynatrace two years ago when the company was nearing $1 billion in revenue and entering a new phase of growth. The company, which was separated from Compuware five years ago, has generated positive net income, healthy cash flow, and annual sales growth of nearly 30%.”Philosophy of” [Dynatrace] “The leadership team was very aligned with my personal philosophy of we need to grow and we need to grow profitably,” Benson said of the appeal of the job. But as the former Akamai Technologies CFO and HPE alum says, “Just because you…

After 37 years with Northwestern Mutual, including 14 years as Chairman, President, and CEO, I am retiring. I love this organization, everything it stands for, and everything it has accomplished over the past decade and a half for the five million customers we proudly serve. I love you. At Northwestern Mutual, our mission is to help Americans build financial security, and we have lived up to that mission. We've grown our client base by 28% and our team of financial advisors by 26%, enabling organizations to generate “real growth” and truly thrive. Our revenues have increased from approximately $21 billion…

In an era where artificial intelligence is reshaping industries at a breathtaking pace, board members are facing unprecedented challenges and opportunities that require immediate action. That's the takeaway from a recent conversation at the Board of Directors Summit, said Florin Rother, who oversees AI and AI training as chief AI officer at 65,000-employee consulting firm Avanade. He emphasized the urgency of implementing AI. This means you are more comfortable taking risks and accepting the possibility of short-term failure. As AI moves from a cost-cutting tool to a revenue and innovation driver, understanding its medium- to long-term impact is not essential.…

Corporate board members interested in maintaining diversity equity and inclusion programs at their companies will want to take note of what Costco's board is doing in the fight against anti-DEI activists.The National Center for Public Policy Research (NCPPR) has filed a motion asking Costco to discontinue its DEI efforts, saying they are discriminatory and exposing the company to financial and legal risk. “DEI poses litigation, reputational, and financial risks to companies, and therefore to shareholders,” the conservative think tank said in a statement. NCPPR is asking shareholders to vote in favor of the proposal at Costco's annual meeting, scheduled for…

The past 12 months have seen once category-defining companies such as Boeing, Starbucks, Intel, and Nike suffer severe damage to their brands and businesses, demonstrating that their history of business dominance is largely a wake-up call. I showed it again. Their setbacks demonstrate what can happen when a culture of excellence declines, reflecting the malaise that is quietly stifling innovation and ambition across our business culture. Simply put, over time, American workplaces have increasingly accepted and encouraged merely good performance. Even in the midst of the threat of disruption posed by rapid advances in AI, most leaders have yet to…

Advocates for diversity, equity, and inclusion policies suffered another setback this month with five policies.th The U.S. Circuit Court of Appeals rules that the Nasdaq Stock Exchange requires nearly 3,000 publicly traded companies to have at least one woman, one minority, and one LGBTQ director on their boards, or explain why it won't do so. He refrained from asking for it. The Nasdaq rules approved by the SEC also required companies to annually disclose how board members identify these categories. Board members of Nasdaq-listed companies are now free to decide whether to continue complying with Nasdaq's diversity rules.”It is not…