Top Five Corporate Scandals of 2018: Episode III-Facebook’s Drip, Drip, Drip

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-Bahnis an expert on organizational culture, ethics, and leadership and frequently speaks and writes about these passions. She is a tireless advocate for diversity in leadership, serving on the Bay Area 2020 Women on Boards Leadership Council and testified in multiple committees for the successful passage of California’s #SB826. She specializes in accelerating the success of C-Suite executives and partners with leaders, corporate boards and their teams to help scale their business. She also consults with large to mid-sized organizations hire me to help them achieve exceptional results and cultivate an environment that inspires employees to do their best work. She can be reached via email at [e-mail]. Learn more about your ad choices. Visit megaphone.fm/adchoices