Board Matters Quarterly
Issue 3, 2019
Welcome to Board Matters Quarterly, dedicated to providing thought-provoking perspectives and insights into leadership and governance issues for boards and audit committees, supporting you to navigate the increasingly complex business environment.
In this issue, we ask: when boards look to AI, what should they see? Boards must keep pace with global and technological issues that will impact corporate strategy, to leverage the opportunities that come with disruption.
Emerging technologies will transform audit and the way audit committees of the future work. Technology is a means to support the board – a key enabler to uncovering issues and maximizing business potential.
With an estimated 20%-40% of professionals at risk of automation in the coming years, boards must lead the change to adequately manage the risks and benefits of smart technologies.
Given how digital technology and unprecedented regulatory changes are transforming the future of tax, companies must seize the opportunity to shape their tax functions to drive value beyond compliance and reporting.
Geopolitics is an external force that must be understood and managed. The board should set the tone for confronting the challenge and ensure the right people are overseeing the ensuing risks and opportunities.
Disruption is forcing boards to examine their portfolios more frequently. Yet, small and tentative acquisitions do little to deliver competitive advantage without a fundamental refresh of existing business models.