A facilitated discussion with active directors at a recent National Association of Corporate Directors (NACD) event in the United States focused on the significance of agility as an important driver of success in a mercurial environment — and how, for many companies, digital maturity and future readiness correlate with the ability to innovate. Boards must position themselves to help their organizations not merely survive, but also compete and thrive, through a strategic approach to cultivating innovation and enabling that innovation to scale, whether during a crisis or when times are good.
We summarize 8 key takeaways from this recent discussion:
For a more complete discussion on this topic, including examples, download the companion white paper.
(Companion White Paper for Board Perspectives — Issue 141)