The corporate board’s strategic oversight is crucial to identify and strengthen the weakest link in strategy management.
"Digital Master” is a series of guidebooks (28+ books) to perceive the multi-faceted impact digital is making to the businesses and society, help forward-thinking organizations navigate through the journey in a systematic way, and avoid “rogue digital.”
It perceives the emergent trends of digital leadership, provides advice on how to run a digital organization to unleash its full potential and improve agility, maturity, and provide insight about Change Management. It also instructs the digital workforce on how to shape a game-changing digital mindset and build the right set of digital capabilities to compete for the future. Here is a set of ”Oversight” quotes in “Digital Master.”
2 IT is in a unique position to manage business information and capture the oversight of the entire company and become the business linchpin.
3 The corporate board’s oversight of information management can highlight the importance of information flow, and set the tone for building the culture of information-based decision-making.
4 The corporate board’s strategic oversight is crucial to identify and strengthen the weakest link in strategy management, laser focus on the most critical perspectives to steer the business in the right direction, and ensure business success in the long run.
5 Governance is the structure and processes of authority, responsibility, and accountability in a business or organization, the ability of boards to oversee and advise management so as to ensure the best fit between (short term) profitability (shareholders) and long-term sustainability (stakeholders: employees, government, society...)
6 It is the structure and processes of authority, responsibility, and accountability in a business or organization with three things in concert: Oversight of assessment, oversight of appropriation, and oversight of accountability.
7 To survive the fierce competition and thrive with the long-term business advantage, high-performing boards can sense emergent opportunities and predict potential risks, oversee the business strategy effectively, monitor the company performance closely; advise business management wisely, and set policies good enough to encourage innovation and lead digitalization effortlessly.
8 Because IT is in a unique position to have an oversight view of enterprise processes. There are times when IT will be the only party in the room with one or all of these views.
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