The board’s oversight of information management agenda helps to highlight the strategic perspective of IT and improve its differentiated value.
The digital new normal means that the change is inevitable and the speed of change is increasing due to the exponential growth of information and robust digital technologies. Digital board directors today need to become information friendly and technology savvy. The board's oversight of information management agenda helps to highlight the strategic perspective of IT and improve its differentiated value. An IT-savvy board will keep curious to ask insightful questions, have the advantage of pulling enough resources and pushing the business model of technology. Here is a set of digital board’s IT inquiries.
- How tech-savvy are corporate boards these days?
- How can boards oversee the IT strategy which is an integral component of the business strategy?
- How can boards help to strengthen the weakest link of the business -either it’s about people or IT, etc?
- Can the board help IT set up the right priority to reach a higher level of maturity?
- Are information, functional or business silos likely to be hurdles as we strive to become more digital?
- Do we have an incentive structure that promotes collaboration to streamline information flow and achieve its business value?
- Are information processes and systems compatible with each other and the technologies enabling digital shift?
- What demand does strategy create for new information technology-enabled business capability, and how will you bring that to reality?
- What limitations are imposed on business strategy by the constraints of the IT currently used by the company and in its digital ecosystem?
Read more digital board’s IT inquiries in Chapter IV of “Digital Boardroom: 100 Q&As”
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The "Digital Boardroom: 100 Q&As" Introduction
The "Digital Boardroom: 100 Q&As" Chapter 1 Introduction: The Digital Board's Composition Inquiries
The "Digital Boardroom: 100 Q&As" Chapter II Introduction: The Digital Board's Digital Inquiries
The "Digital Boardroom: 100 Q&As": Chapter III Introduction: The Digital Board's Strategy Inquiries
The "Digital Boardroom: 100 Q&As" Chapter IV Introduction: The Digital Board's IT Inquiries
The "Digital Boardroom: 100 Q&As" Chapter V Introduction: The Digital Board's Leadership Inquiries
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