Technology - Stepping up to IT Challenges
Author:
Company Director Magazine - AICD Thought Leadership
"The companies that will be left behind are not the ones who do not adopt new technology but those that place it first, as if it's going to be the saviour of their business. How you adopt the technology is just as important as the technology".
Technology advancements like National Broadband Network (NBN) and Cloud Computing are creating new opportunities and threats for companies. The Australian Institute of Company Directors and CSC hosted a discussion on how boards can respond. Some of the questions addressed were:
- How boards believe new technologies will change the playing field and operating environment?
- What are the biggest threats being faced by average Australian companies?
- How CSC contributes to making the future more obvious for boards and management?
- Do more nimble players in the market have competitive advantage?
- How prepared are boards and their companies for looming changes like cloud computing?
- How can Directors get up-to-speed in the IT area and what structures do they need in place?
- How well is governance integrated in the IT area?
- Will those who are more familiar with technology issues come onto boards?
Read the Viewpoint (PDF 317KB) Sourced from Company Director, April 2010.
