21st Annual Corporate Governance Conference at Northwestern’s Kellogg School of Management
Harlan Loeb, Global Crisis practice lead, this week took part in the 21st Annual Corporate Governance Conference at Northwestern’s Kellogg School of Management. With more than 120 corporate directors and chief executives of Fortune 500 companies in attendance, Loeb was part of a panel—“What Boards Should Know: Social Media—Threats and Opportunities”—that was moderated by Professor Harry Kraemer, former chairman and CEO of Baxter and a current board member of Madison Dearborn Partners. Other panelists included Kellogg Professor Daniel Diermeier and Tony Vernon, president of Kraft Foods.
“This was a great opportunity for Edelman to share its approach to developing a reputational risk management capability and to provide insight into the relationship between trust and digital risks,” said Loeb.
Loeb’s presentation also focused on the imperative to develop tools for directors to bolster their governance and oversight capability on reputational risk management. Many questions arose about monitoring employees’ private social behavior, B2B social challenges in mergers and acquisitions and litigation, and building heuristics for board testing of preparedness protocols and digitally-based director vulnerabilities.