CHAPTER
7
HOW TO GET YOUR BOARD ONBOARD
Balancing risk management, value creation, and long-term sustainability are the key roles of the board of directors (BoD).1 To provide effective guidance on these topics, the BoD must consider the impact of digital technologies and business models, but to do this, the board members need to have an appropriate level of digital savvy. They also need to set up processes and governance structures to ensure that relevant insights about digital transformation are being considered. Finally, they need to establish a close and transparent relationship with executive management teams on digital topics.
WHY IT MATTERS
According to research, 63 percent of executives believe a partnership with the board is critical ...
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