Link: https://cisr.mit.edu/publication/becoming-future-ready-digital-world-boards-role
From MIT CISR
Abstract:
As the world rapidly digitizes, companies are racing to create new value from digital and then capture that value in their financial performance. A digital economy not only creates opportunities for many companies but also erects barriers for those companies that can’t adapt fast enough. For many traditional companies, the viability of the existing business model is at stake as customer expectations change and new competitors emerge in a digital world. One of the roles of the board is to ensure the company’s long-term success by playing a pivotal role in overseeing the digitally enabled business transformation of the company.
Publication date:
Publication type: Management Journal Article
Publication authors:
Peter Weill
,
Stephanie L. Woerner
,
Ina M. Sebastian