Initiativesofbod ~ Future of CIO

Tuesday, September 20, 2022

Initiativesofbod

10:56 AM Pearl Zhu No comments

Corporate governance is about how well an organization is being run, whether it is in the right direction, as well as its overall problem-solving competency.

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.

Initiate Boardroom GRC Oversight

Initiativesofbods Leadership is about change and direction To lead today’s technology-savvy knowledge workforce, command & control management style simply does not fit in and will run out of steam soon. The leadership challenge in the boardroom is about how to fill blind spots, bridge insight gaps and make a leap of innovation.

Initiatebodoversight We are experiencing the paradigm shift from knowledge economy to creative economy, from silo to integration; from information to insight, from diversity to inclusiveness. The ever-changing business dynamic brings significant opportunities and responsibilities for the new breed of worldwide organizations to reinvent themselves by identifying and investing in a variety of global capitals wisely; unleash collective human potential smoothly.

Uncoveredrisks Digital makes a significant impact on how we think, live, and work. There is the mix of old and new, physical and virtual, order and chaos. We are in a time of tremendous change, the dawn of the digital age, the path to the next level of digital maturity, also in the era of confusion and information overload.

Initiativesofgrc Governance is about how well an organization is being run and if set up right, it should oversee the achievement of the vision, mission, and objectives. In order to function smoothly, an enterprise has to be linked to the many and varied ‘touchpoints’ between itself and the marketplace environment of which it is a part today. Without governance as a steer wheel, the business will face significant risk for survival, and opportunities which it creates cannot be properly transferred into multidimensional business value.?

Initiategovernanceconnectivity Corporate governance means to steer the business in the right direction via decision coherence accountability enhancement. Governance isn’t just about putting restrictions on what you can do, it is also about monitoring and knowing when things are not going to plan so that you can take appropriate actions at the right time to solve or resolve the problems smoothly.