In this five-part podcast series, I visit with Amii Barnard-Bahn to consider five of the top corporate scandals from 2018. The five we discuss are CBS, 1MDB/Goldman Sachs, Facebook, Tesla and Nissan. We explore the failures at the Board of Directors and at senior management and these companies need to do to not only solve the legal imbroglios they now find themselves in but to also regain the trust of their various stakeholder. In this third episode we consider the Facebook’s continued drip, drip, drip of self-inflicted releases of its customers data without permission or even bothering to inform them.
Some of the highlights include:
- Why is this matter on our Top 5 list?
- Facebook has nearly 2.2 billion users worldwide, when will accept responsibility for its actions?
- Facebook’s problems have moved into the realm of the geo-political, requiring nuance and skill to manage. Is the Board and Senior Management up to the task?
- What will be the legal liability of Facebook in the EU and UK after the implementation of GDPR?
- Has Facebook become evil or were Mark Zuckerberg and Sheryl Sandberg just overwhelmed by the stunning growth of the organization?
- What will be the regulatory response to Facebook’s selling of its customer’s data?
- What will be the Facebook business model a year from now?
- Has Facebook become a bellwether for how we relate to each other in the 21stcentury?
Amii Bernard-Bahn is an experienced executive who has worked at Fortune 20 companies and nonprofits such as McKesson, Allianz and the California Dental Association, leading multiple functions, including Human Resources, Compliance, Legal, IT, and Communications. Now as an executive coach and strategic advisor Amii helps boards and leaders design exceptional work environments that enable organizations to outbehave and outperform the competition.
Amii is a leadership columnist at Compliance Week and a favorite guest on the Compliance Podcast Network, covering CEO, board and governance best practices. She is a Fellow at the Institute of Coaching at McLean Hospital – Harvard Medical School. Current clients include First Republic Bank, The Gap, and Adobe. A lifelong diversity advocate, Amii recently testified in multiple legislative committees on the successful passage of CA SB826, the first law in the U.S. requiring corporate boards to include women. She can be reached via email at email@example.com. She can be reached via email at firstname.lastname@example.org.