If you follow McKinsey, you probably know that they produce regular materials that are worthwhile reading. Here is a link to a new discussion about big data – the materials are extensive, with multiple links, Click Here For Discussion.
Tag Archives: director
Link to Eric Holder’s Testimony – Could His Answers Have Been Better?
Below is a link to the recent testimony of Attorney General Eric Holder in response to a question or questions by Senator Cruz about the use of drones against U.S. citizens located in the United States. I had heard it suggested that Mr. Holder in essence refused to answer the questions. You decide for yourself – basically, I thought that the Attorney General’s responses were fine when considered as a whole.
It might have been better, within the context of the setting including that it was public in nature, if Mr. Holder had just responded outright, “no, I don’t believe it would be appropriate or within the Constitution to use drones in the hypothetical situation that you have described.”
Instead, the manner of Mr. Holder’s answer was more similar in nature to the manner in which a lawyer speaks, which might not have been the best approach, or perhaps he was not prepared for the question or was not able to evaluate the question and formulate his answer within the time that he thought that he had to answer.
The questioning was about a hypothetical situation, and it is arguable from a lawyer’s viewpoint that the hypothetical situation is incomplete and lacks foundation, and could be vague and ambiguous. On the other hand, Senator Cruz specifically drafted his question or questions, and it could be expected that he would ask follow-up questions until he felt that he had obtained a sufficiently specific yes or no answer. The following is a link to Mr. Holder’s testimony:
NACD Post – SEC Leadership and Audit Committee Priorities for 2013
The following is a link to a new NACD post re SEC Leadership and Audit Committee priorities for 2013, Click Here For NACD Post.
Particularly noted, the following priorities:
– The quality of information presented to the board from management. I agree, and the board and its committees must also understand the issues and request pertinent information that they need.
– Cybersecurity and emerging technologies. I agree, this has become a board oversight area – audit committee, or risk committee, or the entire board.
– Oversight of big data. I agree, but again, not necessarily only an audit committee oversight area.
Board and Audit Committee annual self-evaluation forms – click, use, and pass along to other people who would be interested:
1. New Board of Directors Annual Self-Evaluation Form, Board Of Directors Annual Self Evaluation Form David Tate Esq 03142013
2. Slightly revised and updated Audit Committee Annual Self-Evaluation Form, Audit Committee Annual Self Evaluation Form David Tate Esq 031413
Dave Tate Esq. (San Francisco)
LawRiskGov – $200 Million Annually For Non-Oil Research
In all three LawRiskGov categories, proposed federal payment of $200 million annually for research to get cars off oil, Click Here For Story, yes, might be a grand idea, but only with worthwhile and profitable new results that actually work in the near future. I would love to see ordinary cars that get 60 to 100 mpg. Some of the questions that Congress and the President might want to ask or answer: legally, who owns the technology that would be developed (the taxpayers?); why $200 million; who decides where the money is invested and in which projects; how do we judge success and the value of success; what new ideas and technologies are going to be developed, how much will actually have to be spent on the development to finished product, and what and when will the likely technology be put into commercial use for personal cars; what and when is the likelihood of success or achievement; how is putting an additional $200 million per year into this sufficiently better than what is being worked on now; what is the anticipated return on investment; etc. You get the picture – the same type of ordinary prudent things that you would ask and want to know if you were CEO, the board, investors, VC, etc.
Please click, use, and pass along to anyone who might be interested:
1. New Board of Directors Annual Self-Evaluation Form, Board Of Directors Annual Self Evaluation Form David Tate Esq 03142013
2. Slightly revised and updated Audit Committee Annual Self-Evaluation Form, Audit Committee Annual Self Evaluation Form David Tate Esq 031413
Dave Tate Esq. (San Francisco)
Board of Directors Annual Self-Evaluation Form; Audit Committee Annual Self-Evaluation Form
Please click, use, and pass along to anyone who might be interested:
1. New Board of Directors Annual Self-Evaluation Form, Board Of Directors Annual Self Evaluation Form David Tate Esq 03142013
2. Slightly revised and updated Audit Committee Annual Self-Evaluation Form, Audit Committee Annual Self Evaluation Form David Tate Esq 031413
Dave Tate Esq. (San Francisco)
Article – KPMG Audit Committee Institute, Governance Challenges, The 2013 Agenda & Risk Management
The KPMG Audit Committee Institute, governance challenges and the 2013 agenda including risk management, Click Here For Discussion.
A KPMG Survey, The Increasing Role Of General Counsel In Risk Managment
KPMG says that general counsel are being called upon to play a greater role in the running of companies, particularly in the management of risk. See KPMG’s survey, Click Here For Survey.
Article – “Nightmare bacteria,” shrugging off antibiotics, on rise in U.S. – What Is Your Risk Appetite / Risk Tolerance?
A potentially scary topic to be sure – article discussing deadly bacteria resistant to antibiotics on the rise in hospitals, Click Here For Article.
What are your risk appetites and risk tolerances for this? Here is a link to a discussion by Norman Marks about risk appetite and risk tolerance, Click Here For Article. I assume that your tolerances aren’t very high.
But also compare the likelihood of occurrence in various different settings and over different patient groups, the seriousness of an occurrence in various different settings and over different patient groups, the effectiveness of treatments available if an occurrence happens and the likely timely awareness of the occurrence, the current safety processes in place, the additional safety processes possible, the likely effectiveness of the additional safety processes possible, and the costs and trade-offs for all of the above. In many or most situations it is seldom or seldom practical that all risks or the possibilities of all risks can be absolutely eliminated.
Just food for critical thought on topics that relate to legal, risk and governance topics.
Dave Tate, Esq. (San Francisco)
New Articles – Finding Trial Themes On A Dime, Litigation Graphics Lessons
Finding trial themes on a dime – worth a reminder, Click Here For Article.
Litigation graphics lessons – interesting discussion about a video that went viral, Click Here For Article.
New Articles – California Discovery Changes Including ESI, Improving Information Risk Management, Digital Evidence
January 1, 2013 changes to California discovery rules including deposition length, privilege logs and discovery of ESI, Click Here For Article.
Steps to improve information risk management, Click Here For Article.
Digital evidence, its value, use and loss, Click Here For Article.
Law, Risk Management (ERM) & Governance - Tate LawRiskGov - For People & Business 