2024 Blue Ribbon Commission
Strengthen Oversight
The first key area in the 2024 Blue Ribbon Commission Report on Technology Leadership in the Boardroom: Driving Trust and Value is Strengthen Oversight.
Boards need to strengthen their oversight of the organization’s use of technology and data. This includes driving stronger alignment between the company’s purpose and values and its technology strategy and growth plans, considering changes to the oversight structure, and clarifying critical decision-making roles for the board and management.
Recommendations to strengthen oversight include:
- Ensure trustworthy technology use by aligning it with the organization’s purpose and values.
- Upgrade board structures for technology governance.
- Clearly define the board’s role in data oversight.
- Define decision-making authorities for technology at board and management levels.
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