Leveraging the Risks and Rewards of Information Technology
As information technology (IT) continues to evolve, so do the oversight responsibilities of corporate directors. From big data analytics to social media to cybersecurity, technology creates opportunities for companies to innovate, to create operational efficiencies, and to develop a competitive advantage.
These potential rewards can bring significant risks, however. Directors have the task of ensuring technology is integrated into both company strategy and enterprise risk management—and to do so they must first gain a deeper understanding of how technology is impacting their businesses.
To help directors ensure they are prepared to leverage both the risks and rewards of IT, NACD developed an eight-part video series—The Intersection of Technology, Strategy, and Risk— in partnership with KPMG and ISACA.
The series includes insights from leading technology experts and top executives from AT&T, Citigroup, Dunkin’ Brands, Kaiser Permanente, and Oracle, among others, and focuses on critical IT areas for directors, such as:
- how emerging technologies are altering the business landscape;
- critical questions boards should be asking about technology;
- the role of the CIO;
- disruptive technologies;
- fostering innovation;
- balancing IT risks and opportunities;
- cybersecurity; and
- social media.
To complement the video series, NACD has additional resources, including white papers, articles, webinars, full transcripts of each video, and a discussion guide for directors who would like to take a deeper dive and bring these topics into their own boardrooms.
To watch The Intersection of Technology, Strategy, and Risk video series and access the supplemental resources, visit NACDonline.org/IT.