Science fiction is becoming science 'fact' and we now live in a world where technology is developing at lightning speed. The result is exciting opportunities, but also massive disruption, creating big challenges for boards in organisations of every size and from every sector.
The last six months, in particular, have seen a rapid transition towards a new 'virtual board', in terms of both boardroom visibility and interaction. More emphasis has been placed on the use of technology across all areas of a business, but many boards are in danger of being left behind. Boards typically have a collective and individual expertise around finance and accounting ("the numbers"), but is it time to ensure that the same focus is now given to digital expertise, including areas such as data security, cyber risk and emerging technologies.
This year's Contemporary NED event run by NEDA, Smith & Williamson and EquityChair will seek to address:
- Do we now need a 'Digital NED' on every board?
- Do NEDs have the requisite knowledge and experience to provide oversight and insight of the digital strategy presented by the executive team?
- How can boards be sure that they have the right composition, both executive and non-executive, to drive the digital agenda - how strong is the pipeline of what might be considered a new breed of board director?
The event will be chaired by Guy Rigby, Smith & Williamson and NEDA NED. Guy will be in conversation with Mayank Prakash, CTO at Tilney Smith & Williamson; Martin Fincham, Partner at The Gorilla Factory and Gabrielle Hase, NED at LS Retail Amplience and Tate Enterprises.
Watch the webinar below: