Recommendations: Deepen Insight

Boards need to be equipped with sufficient insight to guide their companies through an increasingly complex technology environment. Gaining insight into the workings of technologies with significant relevance to business is far from easy. It demands commitment from every director and the board to learn and raise their proficiency levels, and it requires that the board receive relevant and digestible information from management.

The following recommendations focus on actions boards can take to accelerate their technology proficiency and establish the right board-level metrics in partnership with management.

• Establish and maintain necessary technology proficiency among the board.
• Evaluate director and board technology proficiency.
• Ensure appropriate and clear metrics for technology oversight.