For all their impressive corporate credentials, supervisory board members often lack the technological expertise needed to assess, and provide advice on, their companies’ digital strategies. Experts believe now is the time to bone up.
Supervisory board members are responsible for evaluating their company’s plans and are relied upon to give advice when needed. While they are generally more than up to the task, their companies of all sizes are grappling with a flurry of new challenges – challenges that inevitably call for them to update their digital strategies. One strike against these non-executive directors is that most of them are experienced generalists who lack specific knowledge and expertise in the digital realm.