To be well-positioned for the future, organizations are changing their business models, and boards are responding by reshaping and reimagining their roles. In their approach to innovation, they are addressing the inherent risks, understanding that the biggest risk is to not innovate.
Boards must adopt a new mindset, increasing collaboration with management on strategy and investment. At the same time, they must challenge themselves to develop an innovative and diverse culture, determine if a risk committee should be established, and drive digital transformation.
Watch “Boards reshape roles for innovation and disruption readiness” for more on innovation, disruption and positioning for the future.
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