The directorship in any organization must be able to make influence from mindset to behavior and evolving to what is needed next for radical changes such as digitalization and societal advancements.
Modern corporate boards play significant roles in guiding businesses in 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 are the multiple perspectives of shaping a strategic boardroom with digital acumen.
The Corporate Board’s Digital Maturity
The Progressive View of the Corporate Board The modern society is a dynamic continuum with collective human progress. Progress represents change. Without change, one cannot even stagnate. The corporate board must exemplify progressive leadership to help build an ultra-modern digital organization. The progressive view of the corporate board in a collective setting can sustain a balance of diverse perspectives, creativity, discipline; opportunities and risk; individualism and teamwork, democracy and unification; science and art, intuition and of course, forward-thinking and situational leadership.
High-Mature Digital Boards with “Cool-Headed” Directors Due to the complexity, uncertainty, ambiguity, and volatility of the digital era, the BoDs as the senior leadership of the organization or the society are like the steering wheel to ensure their ships are moving in the right direction towards the uncharted water. The directorship in any organization must be able to make influence from mindset to behavior and evolving to what is needed next for radical changes such as digitalization and societal advancements. High-mature digital boards with “cool-headed” directors are driving force for changes and exemplary of contemporary leadership.
An Accountable Corporate Board Due to the complexity of today’s business, faster-paced changes, and continuous disruptions and distractions, there are a multitude of organizational gaps existing in today’s organization. It is important to articulate the strategic rationale behind the business venture, make leaders accountable for implementing the strategy.
Three Perspectives of Shaping Up the Digital Ready Boardroom Digital era is volatile, complex, uncertain and ambiguous, organizations today are hyper-connected and interdependent. However, many say that the multitude of gaps, such as thinking, knowledge, innovation, strategy execution, etc., are enlarged because different industries, organizations, functions, and individuals evolve change with varying speed. The modern corporate board as one of the most important leadership pillars in the business, plays an important role to inspire, innovate, improve, interact, interpret, influence, exemplify, and orchestrate change and digitalization. Here are three perspectives to shape up the digital ready boardroom.
The Digital Board with Global Competency Global competency is the ability to understand and act on issues of global significance or solve complex problems which have a global impact. Collectively, at the board level, global competency represents the global leadership, mindset, knowledge, insight, expertise, attitudes, skills, and behaviors necessary to thrive in today's hyper-connected and interdependent world.
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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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