Digital Governance
Corporate governance in a digital world
Digital Governance
Corporate governance in a digital world
Digital Governance
Corporate governance in a digital world
Cybercrime soars and company losses amounts to billions. It is time for boards to engage and ensure that cyber defense is on the top of management’s agenda. It is still challenging to receive proper focus on cyber security despite increasing awareness during the last decade”, says Philip Törner, who leads the consulting firm Venor in Stockholm. “It has become clear that attacks not only causes monetary losses, but also harm to … Read more
Digital transformation, also called the fourth industrial revolution, resembles a storm. Who saw it coming and who was ready to act? Tom Johnstone, former CEO of SKF and now Chair of Husqvarna and Combient, has been there, in the eye of that storm. We are asking him – how did companies meet the digital wave? What can we learn? “When the winds of change blow, some people build walls, others … Read more
The board sets the company’s direction and management works out the strategy. Add the right CEO and observe the culture, and you have the basic ingredients of the Swedish model of governance, according to Hans Stråberg, chair of large and medium sized companies. Hans Stråberg draws on the experience of ten years of CEO of Electrolux and as the chair of industrial giants Atlas Copco and SKF and several smaller listed … Read more
If digital transformation is strategically critical, it should be at the top of the agenda. Boards should have continuously updated business intelligence, follow the actions of the CEO and the executive management closely and take every opportunity for insight and influence. This is the advice of Helena Levander, chair and board member of a number of companies. She believes that boards in recent years have gone from exaggerated respect to … Read more
The role of the board is to signal to the management that digitalization is something they need to look at. “We should not tell them how to do it, just tell them to look into it.” Those are the words of veteran chair Sören Mellstig. In his view, the board only needs to have sufficient knowledge of digitalization to be able to ask the right questions. … Read more