Governance Through Disruptive Innovation
You can generate a long list of companies that to their detriment didn't see, ignored or reacted too slowly to disruptive technologies or business models: Kodak vs digital film; Blockbuster vs Netflix; taxis and limos vs Uber; hotels and Bed and Breakfasts vs airbnb; newspapers and internet publishing; Palm Pilots vs iPhones , Amazon vs brick and mortar retailing. Other companies are trying to get out ahead of disruption in their industries-for example the activity currently reshaping the healthcare industry. How does a board prepare to see into the future? Our panel will provide insights into how directors can recalibrate their dialogue with management in the face of accelerating change, disruption or challenging business models. Please join us for this lively discussion of lessons learned, best practices, examples and cautions.
Location and Time
The Chicago Club
81 E. Van Buren St.
7:30-7:45 a.m. Registration/Networking
7:45-9:30 a.m. Breakfast/Program
Barney HarfordPanelist - Barney Harford Barney has served as CEO and Director of Orbitz Worldwide since 2009. During Barney’s tenure the company has achieved strategic success in mobile, developing award-winning apps for iOS and Android; launched Orbitz Rewards and ebookers Bonus+, simple and free loyalty programs that offer traveler instant rewards; and built the Orbitz Partner Network into a well-positioned provider of private label travel solutions to partners in the airline, hotel, travel agency and bank loyalty industries.
Barney previously served in a variety of roles at Expedia, Inc. from 1999 to 2006 including as President of Expedia Asia Pacific from 2004 to 2006, leading the company’s entry into China, Japan and Australia. Prior to Expedia, Barney worked in the United Kingdom as a strategy consultant with The Kalchas Group. He is a member of the U.S. Department of Commerce’s Travel and Tourism Advisory Board and the U.S. Travel Association’s CEO Roundtable.
Barney serves as a board member of LiquidPlanner, an on-demand project management service that is transforming the way organizations manage complex projects. Barney previously served on the boards of directors of eLong from 2004 to 2008, of Orange Hotel Group from 2009 to 2012 and of GlobalEnglish from 2008 to 2011. He was an advisor to Kayak.com in 2008.
Ellen RudnickPanelist - Ms. Rudnick currently serves as Executive Director and Clinical Professor of the Polsky Center for Entrepreneurship and Innovation at the University of Chicago Booth School of Business. The Polsky Center assists students, faculty and alumni at the University of Chicago in developing and building new ventures.
Prior to joining the Chicago Booth faculty, Ms. Rudnick spent 25 years in business management and entrepreneurial activities, primarily in the health care and health information services industries. During this time, she was president and CEO of Healthcare Knowledge Resources, president of HCIA, chairman of Pacific Biometrics, and corporate vice president of Baxter Healthcare Corporation.
She serves on numerous corporate and non-profit boards including Liberty Mutual, First Midwest Bank (FMBI), HMS Holdings (HMSY), Patterson Companies (PDCO) , Northshore University Healthcare Research and Development, CEC/1871 and Matter. She previously served on Oxford Health Plans board prior to its sale to United Healthcare. She is an advisor to many start-ups that emerge from Chicago Booth’s entrepreneurship programs. Ms. Rudnick has been the recipient of numerous awards for her business and community activities. She holds a B.A. degree from Vassar College and an MBA from Chicago Booth.
Linda YatesPanelist - Linda Yates is the Founder and CEO mach49. She is a seasoned CEO with over 20 years of experience creating global strategy and driving innovation. As a native of the Silicon Valley, with an extensive network, she has served as a bridge between the Silicon Valley and the Global 1000 her entire career. She launched mach49 in May of 2014, as the first Silicon Valley incubator/accelerator focused exclusively on helping Global 1000 companies create, build and launch new ventures generated from within their organizations.
Linda spent a decade as a member of the Board of Directors for NYSE traded Sybase Inc. (now SAP) and has been a board member and advisor to many entrepreneurs and private companies. Linda was CEO of Strategos – a leading international strategy consulting firm she co-founded with business guru Gary Hamel, helping G1000 global clients innovate in fundamentally new ways by “Bringing the Silicon Valley Inside.”Â Prior to Strategos, she spent six years with the Mac Group/ Gemini where she was Head of the San Francisco office, co-head of the High Tech practice on the West Coast and, later, Europe (based in Amsterdam). She spent two years at Smith Barney in corporate finance and M&A and has extensive global experience having worked in / traveled to over 50 countries.
Cindy BaierModerator - Lucinda (Cindy) Baier currently serves as the Executive Vice President and Chief Financial Officer of Navigant Consulting, Inc. (NCI), a global professional services firm. She also serves on the Board of Directors of the $3 billion publicly-traded retailer, Bon-Ton Stores, Inc. A seasoned executive and board member, Cindy has a record of leadership and notable accomplishments assisting companies develop and execute strategies to improve shareholder value. Baier has thirty years of experience in retail, services, and manufacturing, including both chief financial officer and operating roles with full profit and loss responsibility. Cindy previously served as the CEO of a publicly-traded national jewelry store chain. She also served as the general manager of Sears, Roebuck and Company’s credit business where she was responsible for over $5 billion in revenues, $29 billion in assets and more than 6,000 employees before the business was sold to Citigroup. In recognition of her accomplishments, Baier was awarded the Nashville Business Journal 2012 CFO Award. She is also a member of the Illinois State University College of Business Alumni Hall of Fame. Baier holds both BS and MS Accounting degrees from Illinois State University. A certified public accountant, she began her career at Arthur Andersen & Company. Cindy currently serves as a board member for the National Association of Corporate Directors Chicago Chapter and serves on the Board of Trustees for The Field Museum. She also currently serves as the Chairman of the Audit Committee for the City of Lake Forest, Illinois.