Board Perspectives: Risk Oversight, Issue 183

Technology modernization can present a tough conversation in the boardroom. It boils down to the opportunity cost of allocating capital — a cost that is as high as it has been since the turn of the century. With the longer-term strategic narrative and ROI, it is critical to focus on four interrelated drivers that can deliver the expected value — lowering costs, gaining more flexibility and power in deals with strategic vendors, overcoming the inability to build new functionality into current applications and meeting regulatory-compliance requirements.  

This issue of Board Perspectives poses 10 questions that offer a practical framework for maximizing value and minimizing financial risk.