Navigating Disruption: Prioritizing Technology on the Board’s Agenda

How to use this tool:

This tool can be used to help the board and management identify and align on future strategic technology and risk priorities, allocate priorities across committees and the full board, and incorporate topics into appropriate board or committee agendas. The board can track priorities across board committees and the full board while monitoring the board’s progress throughout the year. Identification of priorities can be done on an annual basis but can also occur on a more frequent biannual cadence if the company finds itself in a particularly volatile environment.

As technology changes at a rapid pace, boards should consider it normal to reconsider their technology assumptions and priorities on a more frequent biannual or quarterly basis if necessary. This process recognizes that the technological landscape can shift quickly and can adapt to these changes based on each board’s unique needs.

Outlining the Process Director and Lead Independent Director Interviews

Once (fall) or twice (fall and summer) a year the lead director or chair conducts a one-on-one meeting with each board director.