Every board member a digital director

TODAY'S boards are starting to get the message: from every front, digital players are threatening their businesses. This explains why, increasingly, listed companies are adding digitally experienced directors to their boards to provide strategic insight, look out for emerging tech trends and threats, as well as open doors to new opportunities.

This emerging trend follows the current practice of appointing directors from the audit, legal, tax and banking professions, to tap their expertise in accounting, compliance and financing.

While the numbers associated with this trend towards digital boards remain small, they foreshadow an even broader shift that can be tracked through several phases of boards going digital.