Boardroom Tool

Questions to Assess the Role of the Board Regarding Technology

By Sidley Austin LLP

10/07/2024

Technology Oversight Blue Ribbon Commission Report Fiduciary Duty Strategy and Risk
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How to use this tool:

Directors can use this tool to help facilitate a robust and dynamic conversation about technology and data oversight with management to assist them in navigating the future of the business.

The board has the legal responsibility for directing corporate affairs in the best interests of the company and its shareholders. This requires, among other things, that the board provide oversight of the authority it has delegated to the CEO and other officers to manage the company on a day-to-day basis. This includes, but is not limited to, oversight of strategy, performance, compliance, and enterprise risk management.

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