Top Five Corporate Scandals of 2018: Episode IV-Tesla and its Elon Problem

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 fourth episode we consider the Tesla and how do you solve a problem like Elon Musk. Some of the highlights include: · Why is this matter on our Top 5 list?· Will the Tesla Board ever reign in Elon Musk? Should they?· Musk is probably the most widely media-reported CEO in the US. His every move is watched? Is the Board of Directors up to the task?· Will the latest changes to the Tesla Board change anything?· His ‘funding secured’ tweet was the most expensive ever. Has anyone learned any lessons from this cockup?· What will be the regulatory response to Facebook’s selling of its customer’s data?· From the business perspective, Tesla’s production woes continue. Can they be solved?· Did the SEC and Jay Clayton cave into the Cult of Elon in its settlement? Amii Bernard-Bahn is an expert on organizational culture, ethics, and leadership and frequently speak, research and write 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 amii@barnardbahn.com. Learn more about your ad choices. Visit megaphone.fm/adchoices