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 fourth episode we consider the Tesla and how do you solve a problem like Elon Musk.
Some of the highlights include:
- Why is this matter on our Top 5 list?
- Will the Tesla Board ever reign in Elon Musk? Should they?
- Musk is probably the most widely media-reported CEO in the US. His every move is watched? Is the Board of Directors up to the task?
- Will the latest changes to the Tesla Board change anything?
- His ‘funding secured’ tweet was the most expensive ever. Has anyone learned any lessons from this cockup?
- What will be the regulatory response to Facebook’s selling of its customer’s data?
- From the business perspective, Tesla’s production woes continue. Can they be solved?
- Did the SEC and Jay Clayton cave into the Cult of Elon in its settlement?
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.