Wednesday, March 7, 2018

The Monthly “Digitizing Boardroom” Book Tuning: High-Mature Digital Board Mar. 2018

Modern corporate boards play significant roles in guiding businesses toward 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 is a set of Digital Board profiles.

High-Mature Digital Board



High-Mature Digital Boards with “Cool-Headed” Directors Due to the complexity, uncertainty, ambiguity, and volatility of the digital era, the BoDs as the senior leadership of the organization or the society are like the steering wheel to ensure their ships are moving in the right direction towards the uncharted water. The directorship in any organization must be able to make influence from mindset to behavior and evolving to what is needed next for radical changes such as digitalization and societal advancements. High-mature digital boards with “cool-headed” directors are driving force for changes and exemplary of contemporary leadership.

Three “Views” to Advance Digital Boardroom The BoD role sets the top leadership’s tone for progression and affects most through cohesive communication, congruent behavior, and continuous endorsement of the change to keep the momentum. Digital boards are the guiding roles, like the steering wheel of their company, leading the business toward the uncharted water and blurred territories for reaching the ultimate digital destination. Which views can help the board clear their vision and enable them to stay focus and advance their leadership to get digital ready??

The “Sense and Sensitivity” of the Digital BoDs Digitalization is driving unpredictability, demanding a more rapid deployment that can quickly adapt to the changes and adjust to the new business dynamic. Digital boards as the directorship role are like the steering wheel of their company, leading the business toward the uncharted water and blurred territories for reaching the ultimate digital destination. Digital BoDs can sense the opportunities, but also be sensitive to the perils on the way. Here are three pairs of “sense and sensitivity” in the digital boardroom.

Three “P”s to Digitize Boardroom The Corporate Board is one of the most crucial leadership pillars in modern businesses. Because they have a significantly broad effect on setting business policy, overseeing strategy, tuning business mentality and personality, driving motivation, defining the appetite of innovation, sharpening leadership skills, advocating learning, pulling teams, and improving risk intelligence, etc. However, many boards today still get stuck with a view of the rear mirror mindset and focus on compliance-driven agendas. Digital board directors exemplify leadership influence. Digitalization starts from the top down, here are three “P” words to innovate boards for achieving directorship excellence.

Board Directors as the Digital Provocateur Digital transformation represents a break from the past, with a high level of impact and complexity. In order to lead today’s hyper-connected digital organizations with the hyper-diverse workforce, board directors should become the digital provocateur to drive changes and set the leadership tone for digital transformation; and the board composition should be synchronized with the digital perspective of the business, to advance its leadership maturity.


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