The board of directors as the de facto guardian of modern organizations has an important role to play in steering the organization toward the uncharted water and blurring business territories.
The best-in-class board practices scientific governance disciplines based on logic and rationalization with inquisitive attitude and inspirational leadership style, to steer the enterprise ship in the complex and ambiguous digital business dynamic, to expedite changes and accelerate digital transformation.
Digital directorship goes Deeper over louder;
from Compliance to Performance to Excellence;
from homogeneity to heterogeneity to High-Maturity.
Digital directorship requires a clear vision, multi-dimensional intelligence, and creative communication:
Inquisitiveness over “status quo”;
Constructive governance over check box compliance methodology;
Problems Solving over bureaucracy;
Creativity over Rubber stamp;
Constructive Criticism over groupthink;
Information-savvy over “gut feeling”
Digital directorship achieves high maturity in pursuit of mastery:
Digital Mind Fit over conventional wisdom;
Fresh Eyes over assumptions;
“T-Shape” Expertise over outdated knowledge;
Creative Tension over friendship;
System Wisdom over linear thinking.
Digital directorship is the MASTERMIND behind the digital transformation.
Leadership is all about change and directorship is about steering the business toward the right direction. Digital transformation is in every forward-thinking company’s top agenda; innovation is the light every organization is pursuing, and digitization becomes the new normal of business expansion. All of these bring the significant opportunities and responsibilities for the new breed of digital BoDs. Because the board in a high-level directorship position plays a crucial role in setting key digital tones for leadership development and talent management. High-performing boards also set goals for their own performance and regularly evaluate how they are performing as the board. An effective board enables and directs management towards good outcomes, and ensure the business is on the right track to reach the well-defined business vision.
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