Article
From intimidation to empowerment: Boards driving digital change
June 12, 2023 · Authored by Rob Long
In the fast-evolving digital era, it’s crucial for board members to possess a high level of digital fluency. As stewards of an enterprise’s investments and assets, they are responsible for overseeing key business decisions, many of which are now heavily influenced by technological advancements. For boards to make informed, strategic decisions, they must have the knowledge and confidence to navigate the complexities of digital transformation.
Understanding digitization isn’t just about staying current with trends — it’s a vital component of effective governance. Digital fluency enables boards to manage risks, capitalize on new opportunities, and ensure the long-term success of their organizations. As data flows more freely, ecosystems become more interconnected and regulatory environments evolve at lightning speed, board members need to ask the right questions and offer relevant advice to their leadership teams.
In this article, we’ll explore how boards can evolve from feeling intimidated by technological change to becoming empowered leaders guiding their organizations toward successful digital transformation. Originally published in Agenda, this article offers a roadmap for board members to understand their role in driving digital change and leading their businesses to a prosperous future in the digital age.
To learn more about Unlocking business models through digitization, watch the recording of our livestream here.
