Leadership in a digital age: Why now is the time for boards to digitise
Many companies have embraced data and technology to achieve operational efficiencies and strategic insights. Likewise, the modern board should be agile and adaptable. Quick to act and decisive in their actions. Secure and streamlined in their communications. Yet, too many boards overseeing these companies have failed to embrace the benefits of digital tools. Consequently, they are hindered by their legacy processes, unaware of the inefficiencies and risks they pose.
Long after the COVID-19 pandemic recedes from view, its effect on business practices will continue to be felt. Digital adoption has been compressed from years to months; digitisation is now integral to thriving. Organisations that still rely on paper-based processes risk being left behind.