Supporting Your Board’s Oversight of Digital Transformation

Event Postponed from May 12,  2022 to October 6, 2022

This three-hour interactive, virtual workshop will provide governance professionals with the knowledge and practical tools they need to support their board’s oversight of digital transformation (DT). Digital transformation is the process of using digital technologies to create new – or modify existing – business processes, business model, culture and customer experiences to meet changing business and market requirements.

Key topics will include:

  • Recruitment of ‘digital-savvy’ directors
  • Director onboarding and the organization’s business and DT strategy
  • Board policy revisions to reflect increasing importance of DT
  • Strategy and risk oversight
  •  Board structure for DT oversight
  • The adaptation of DT Maturity Models as critical self-assessment and Board reporting framework
  •  Including DT oversight in the annual Board evaluation
  •  Evolving disclosure trends regarding DT

The workshop format will also allow for a peer-to-peer exchange of ideas and practices for supporting DT oversight.

Relevance to Governance Professionals and Boards

A 2019 survey of directors, CEOs, and senior executives found that digital transformation (DT) risk was their #1 concern.

Governance Professionals are uniquely situated to support a board’s oversight of digital transformation.  They can provide advice and guidance to the board on relevant changes to its governance policies and practices.  They can also work with the Senior Management Team to develop effective reporting on the organization’s progress towards digital transformation.

Learning Objectives

Participants will take away the following from this learning experience:

  • A checklist of potential changes to governance policies or practices relating to board oversight of DT
  • Familiarity with a new DT self-assessment and reporting tool for senior management and the board based on popular DT Maturity Models 
  • Knowledge of popular Key Performance Indicators relating to DT
  • An understanding of evolving disclosure trends regarding DT

Who Should Attend?

Directors and governance professionals in private, public or non-profit organizations investing in digital transformation will benefit from this workshop.

Presenters

Maureen Reid is the President and Founder of BoardWorks Consulting Inc., a practice dedicated to maximizing the performance of governing boards through effective corporate governance and strategic planning.  She has more than 25 years’ experience as an advisor to governing boards in the private, public and non-profit sectors.  Organizations in the business, education, health, cultural and charitable sectors have benefited from Maureen’s practical insights and guidance.  Her background in law and adult education provides depth to her work with boards and senior leadership teams.  Maureen knows how to translate corporate governance theory into applied governance practices.

For more information about BoardWorks Consulting Inc., please visit: www.boardworksconsulting.com

Jim Foran is the Founder and CEO of Exponent Innovations.  With a background in large-scale technology commercialization, Jim helps corporate leaders make high-quality decisions for their biggest business challenges.  Drawing upon best practices in Design Thinking and Change Management domains, Exponent Innovations helps small and medium businesses (SMB) build new innovation capacity while transforming to a more change-positive culture.  Jim is a member of the Association of Change Management Professionals (ACMP).

For more information about Exponent Innovations, please visit: www.exponentinnovations.com
  

 

When
10/6/2022 1:00 PM - 4:00 PM
Eastern Daylight Time
Where
ONLINE CANADA
Sign in or create an account to register Last day to register is 10/5/2022

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The Governance Professionals of Canada (GPC) was created in 1994, shortly after the Dey Report was published by the TSX on ‘Where Are the Directors’. GPC‘s mandate is to be the voice of governance professionals in Canada. Its members deal with all matters affecting corporate governance, from board and committee processes, management and structure, disclosure, stakeholder engagement, legal and corporate compliance, as well as issues crucial to boards, their accountability and oversight.