Board Perspectives: Risk Oversight, Issue 98

The digital revolution currently taking place is transforming our world. Over the next few years, many organizations will need to undertake radical change programs and, in some cases, completely reinvent themselves to remain relevant and competitive. Protiviti’s experience indicates that most boards do not fully grasp the opportunities and risks associated with digital transformation.

In this article, Protiviti discusses four important activities for organizations to consider as they contemplate what digital means to their business and strategy: assess digital readiness, define and refine continuously the digital vision and strategy, define the target operating model, and align the organization with the needed change.