Information is the lifeblood of the business and technology is the disruptive force behind the digital transformation.
Modern corporate boards play significant roles in guiding businesses toward the right direction and achieve expected business results. Due to the “VUCA” characteristics -Complexity, Uncertainty, Ambiguity, and Velocity of the Digital Era, the directorship in any organization must have the agility to adapt to changes and build abilities to advise, inspire and motivate a group of people toward accomplishing shared visions and goals. Here is the monthly “Digital Boardroom” summary about innovative inquiries in the boardroom.
Modern corporate boards play significant roles in guiding businesses toward the right direction and achieve expected business results. Due to the “VUCA” characteristics -Complexity, Uncertainty, Ambiguity, and Velocity of the Digital Era, the directorship in any organization must have the agility to adapt to changes and build abilities to advise, inspire and motivate a group of people toward accomplishing shared visions and goals. Here is the monthly “Digital Boardroom” summary about innovative inquiries in the boardroom.The Digital Board’s IT Inquiries
- The Digital Board’s IT Inquiries I Information is the lifeblood of the business and technology is the disruptive force behind the digital transformation. Nowadays, information technology can either lift or fail the business even overnight. Therefore, an IT-friendly board should change the perspective to understand the power of information and the potential of technology. Companies can leverage IT to improve the top line business growth and build the long-term business advantage if it always has IT-literate board director to participate in the conversation
The Digital Board’s IT Inquiries II As technologies permeate into every corner of the organization and information provides invaluable foresight to enable business growth, IT is no longer just as an isolated function or back office utility only. Nowadays, IT has to add more business value and delight both internal and end customers to improve both the top line business growth and bottom line efficiency.
- The Digital Board’s IT Inquiries III Nowadays, information is the lifeblood, and technology is the disruptive force behind the digital transformation. Thus, today’s digital board need to become more technology savvy and information friendly. The IT-savvy board should gain an in-depth understanding of IT, set the right digital principles, leverage technological visions, and pull all necessary resources for strengthening the weakest links. The digital board’s IT inquiries help to clarify the strategic role of IT in maximizing the digital potential of the company.
- The New Book “Digital Boardroom: 100 Q&As” Chapter IV: The Digital Board’s IT Inquiries 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.
The Digital Board’s IT Inquiries (V) The contemporary boards play the directory role in driving changes, overseeing business strategy, and monitoring business performance. They are also the “mastermind” behind the digital transformation. The matter of fact is that the change is inevitable and the speed of change is increasing due to the exponential growth of information and robust digital technologies. Given how applying IT is becoming so intrinsically important to so many different enterprises across industrial sectors, digital BoDs need to become information friendly and technology-savvy. While directors bring many competencies to the table, most do not have access to information about technology-driven innovation and its potential related to the businesses they oversee.y?
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