Key Takeaways

• Poor data management and protection may have wide-ranging impacts on a company's bottom line, from "the downtime and remediation costs of ransomware attacks, to digital compliance and governance-related penalties, to an overall lack of operational efficiency".
• According to Altrata's newest Global Gender Diversity study, having a female CEO at the top of a firm or chairing its board makes a significant impact. The report says that about 28.2% of board members are female, and many were nominated to non-executive positions focused on board supervision rather than actual decision-making authority.
•  High-performing leaders' jobs aren't what they used to be. CEOs and other C-Suite leaders endure the weight of greater accountability, sometimes defending their businesses' very license to operate, on top of running the company in a complicated business climate of overlapping crises. 

Introduction

3 Things The C-Suite Should Know About Data Management And Protection

 

Source

 

• Article published by Forbes on August 1, 2022.
• The 2022 targets of many CEOs lacked a clear commitment to properly managing and safeguarding a company's second-most valuable asset, data. To prevent major threats to their clients and organization, C-suite team members, particularly CEOs, must emphasize data integrity. Those having difficulty grasping this concept must arm themselves with crucial information concerning data management and protection.
• Poor data management and protection may have wide-ranging impacts on a company's bottom line, from "the downtime and remediation costs of ransomware attacks, to digital compliance and governance-related penalties, to an overall lack of operational efficiency". These consequences, which have a negative impact on profitability, are insignificant compared to the long-term halo effect that a tarnished reputation will have.
• When it comes to data, C-suite executives must be aware of concepts known as the three V's (volume, velocity, and variety). Volume is the quantity of data produced by the company, velocity is the rate at which the data is produced, and variety is the number of formats in which the data is available.

Having a woman in the boardroom or C-suite drives even wider diversity, study finds

• Article published by CNBC on July 28, 2022.
• According to Altrata's newest Global Gender Diversity study, having a female CEO at the top of a firm or chairing its board makes a significant impact. The report says that about 28.2% of board members are female, and many were nominated to non-executive positions focused on board supervision rather than actual decision-making authority.
• According to BoardEx statistics, just 5% of CEOs are female, and 19.2% of corporate leadership team members are female. Having women in the C-suite is critical to having more women climb to the CEO positions. CEOs are frequently selected from within senior leadership, and the presence of women in these positions reflects a company's capacity to support and train them. 

The Leader of the Future – And You Thought Covid-19 Was Hard

• Podcast published by The Miles Group on July 26, 2022.
•  High-performing leaders' jobs aren't what they used to be. CEOs and other C-Suite leaders endure the weight of greater accountability, sometimes defending their businesses' very license to operate, on top of running the company in a complicated business climate of overlapping crises. 
• According to Stephen Miles, the founder, and CEO of The Miles Group (TMG) and Taylor Griffin, despite setback after setback, a new type of "Leader of the future" is developing as we begin to recover from the epidemic.

Research Strategy