How Successful Companies Use Human Capital as a Competitive Advantage

Episode Summary

As both a CEO (XO Group) and an outside board member (Ally Financial), Michael Steib represents a unique perspective within the Next Gen community. In this episode of Inside America’s Boardrooms, Steib draws on his experience from both sides of the board table to discuss the important role of human capital at today’s companies.

“In principle, we know that there’s no one person in the organization who’s as smart as all the people in the organization,” Steib explains, as he outlines the talent and culture philosophies practiced at his company and on the boards he serves. A member of the Next Gen Board Leaders Advisory Council, Steib also discusses his experience at the first-ever Mini-Summit and how we can expect to see board composition evolve as companies become more focused on technology and user experience.

Those who are unfamiliar with XO Group Inc. will likely be familiar with its platforms.The multi-media company helps millions of couples navigate and enjoy life’s biggest moments with digital and media products including The Knot, The Bump, The Nest, and Gigmasters. As Steib explains in his episode, not only does XO Group operate in a fun marketplace (i.e., engagements, baby announcements, new homes), but these marketplaces present several opportunities for delivering value to shareholders.

About Michael Steib: Since July 2015, Steib has been a member of the Ally board, for which he chairs the Digital Transformation Committee. Prior to joining XO Group in 2013, Michael served as CEO of Vente-Privee USA and in various leadership roles at Google and NBC. For more information on Michael and other members of the Next Gen Board Leaders Advisory Council, click here.

About Inside America’s Boardrooms: Inside America’s Boardrooms is a weekly web show produced by Boardroom Resources and hosted by TK Kerstetter. For more information about the various content formats supported by Boardroom Resources, click here.