Pearl Zhu, Digitizing Boardroom: The Multifaceted Aspects Of Digital Ready Boards Quotes
Innovation is a mindset, and that’s where governance comes in.
The value-added Board brings the high-performance result, “deep common sense, ” balance, improved strategic thinking, creativity, wisdom and more.
Metaphorically, governance is like a “Steer, ” Risk Management is like a “Brake.
The quality strategy is about making the right decision at the right time which requires quality information.
Generally speaking, the key dimensions of corporate governance are strategy oversight, policy making, accountability, and monitoring.
The CIO is a serious partner in the inner circle to creating value-added strategies and enabling deeper insights into the opportunities IT can do.
The real strategic differentiation is to create true value, look forward, not backward, and present the advanced uniqueness to shine through.
Strategy oversight is important in tuning and updating a dynamic digital strategy.
The strategy is a living ever-evolving pivoting mechanism.
A focused Board concentrates on strategy oversight and governance practices, to avoid getting lost in the forest.
A good strategy tells you not only what specifically needs to accomplish, but WHY.
Agile is more a “direction, ” than an “end, ” a philosophy and mindset at board level.
The digital Board will help set the principles to innovate talent management and embrace digital fitness.
Breaking rules is indeed an important part of creativity. Innovation needs a level of guidance.
Digital leadership must be extremely visionary, mindful, creative, empathetic, generous, conscious, passionate, and humble.
Digital innovation has a broader spectrum with hybrid nature.
The purpose of Innovation Management is not to promote innovation, but to manage innovation as a process.
The BoDs play the significant role in both Management Innovation and Innovation Management.
The Board needs to extend its insight and innovation lens via cognitive difference.
Innovation is too important to leave solely in the hands of the management team without any Board oversight or guidance
A tech-savvy Board sets a right tone for shaping the culture of innovation.
Being digital-ready is an overarching approach via building a set of “digital -flavored” cultures and taking a series of stepwise practices.
Modern Boards set key tones in building fact-based business culture.
Understanding requires a person’s ability to grasp or comprehend information.
Heterogeneous BoDs with independent thinking enforce governance, and diversity strengthens creativity.
An effective Board can connect all the right dots well.
Strategic wisdom is an integral and multidimensional intelligence.
