In 2017, Merck lost an eye-popping $1.3 billion when it got caught in the crossfire of a Russian cyberattack targeting Ukraine. The event, later dubbed NotPetya, was the largest cyberattack in history, costing $10 billion worldwide â economic damage akin to a medium-sized hurricane, or a small war. Western governments vowed to hold Russia accountable, yet none stepped forward to support the companies that were hit by the attack....
The world has changed. In the wake of Covid-19, and the global recession it has caused, business leaders, innovators, entrepreneurs, and investors are all girding for a long period of extremely challenging conditions in the global market. How can startups and innovators of all stripes survive in such conditions? Many are not prepared....
âIâm sure the other candidate checks all the boxes,â a veteran of the U.S. Navy SEALs told his final-round interviewer at a financial services company. âBut hereâs one thing I can tell you about me: Thereâs not a single situation that will occur at this business that will make me feel uncomfortable.â With that answer, the SEAL won himself a job, beating out a traditionally better-qualified candidate with an MBA from a leading business school....
In my long tenure as CIO at a large academic health system, I was often accosted by senior members of the medical, nursing, or administrative staff, just back from a meeting: âI saw a demo of this next-generation electronic-health-records system. Unbelievable! It saves lives, reduces costs, improves the patient experience, and mows lawns! We need to implement it here! It would transform us!â...
