Digital smarts - a post-Covid necessity for boards

THE Covid-19 crisis has seen the emergence of a digital divergence. Online businesses are on the ascendance, while traditional businesses are on a fast decline.

In Singapore, we saw the winding up of Robinsons, a brick-and-mortar store with 160 years of retail history - precipitated by the rise of online platforms as the new shopping norm, including the return of a wholly-online Robinsons under new management.

To be well positioned for this digital transition, companies need to have directors with digital expertise to guide them through this time of significant disruption.