Digitalization Decisions at the Board Level

In the digital era, the board of directors has an additional task: information governance. While storing data is no longer the problem, handling the data is. At the strategic management level, decisions have to be made as to the processes, organizational measures, and technologies required to actively manage the data throughout its life cycle in compliance with external and internal regulations. Therefore, efficient risk management systems, internal control systems, and compliance management systems must be implemented by the board of directors to guarantee the successful transformation of the enterprise in the digital world.es