Being digitally comfortable, at least to the point of being conversant, is fast becoming top currency for business leaders. Boards must also support this tendency, to even arrange some special management training sessions for the CEOs to get more digitally attuned. Those companies towards the higher echelons of corporate success, have more digitally savvy boards. It helps in tracking key metrics such as revenue growth, cybersecurity, market cap growth and return on assets. Privacy issues are also better understood by such bosses. This extensive research was conducted on US- listed businesses using directors bios, interviews, surveys and by analyzing official company communication.

Source:https://sloanreview.mit.edu/article/it-pays-to-have-a-digitally-savvy-board/

Uploaded Date:26/03/2019