Digital Transformation for Boards
Are you fully equipped with the knowledge and tools to navigate the complexities of the digital landscape, and capitalize on the transformative potential of digital technologies?
In the dynamic landscape of today’s digital era, leveraging technological innovations, artificial intelligence (AI), and disruptive business models is paramount for strategic board governance. As digital transformation reshapes industries and creates new paradigms, it poses both challenges and opportunities for organizations.
IMD’s Digital Transformation for Boards brings you up-to-speed with the new digital landscape so you can make informed decisions and provide the best recommendations when evaluating digital opportunities and threats for your company. You will develop a better understanding of the board competences required to successfully lead in a business environment increasingly shaped by digital technologies and AI, learning how to navigate disruptive forces, foster innovation, address cybersecurity and ethical considerations, and confidently guide your organization towards success.
Developed and led by the IMD Global Board Center, this program is grounded in the latest insights and best practices, empowering you to lead the future of governance with confidence and foresight.
- Complete the ‘Board Digital Maturity Assessment’. Findings will be shared and discussed in class.
- Complete the pre-program readings.
- Dive into the program with an overview and introduction with peers.
- Leading digital transformation for boards: discover why digitally savvy boards are critical to stewarding digital transformations, and what this looks like, and why board composition matters.
- The digital board agenda: explore best-practices in stewarding organizations through the digital board agenda.
- How can my board lead digital: discuss traditional governance issues linked to information asymmetry between boards and executive management, and how digital technology can amplify this problem. Launch into a case study highlighting innovative governance practices, and implications for your organization.
- Improving digital fluency: discover how your board can improve its digital fluency, and explore practical tools and techniques to enhance your board’s digital understanding and maturity.
- Generative AI for boards: unpack the theories, technologies, and mathematics behind AI, particularly generative tools and large language models. Learn how to advise effectively on their use as a board member.
- Cybersecurity for boards: review high-profile examples of cybercrime, identify vulnerabilities and risks, and probe key questions to enhance board governance and address digital risks.
- Corporate responsibility for boards: dive into emerging areas of corporate digital responsibility, including sustainability, ethics, and equality, inclusion and justice.
- Fighting against disruption: engage in an interactive simulation, taking on roles as disruptors and/or disrupted companies, and use the analytical frameworks presented to motivate your analysis.
Note: the order and the content of the sessions might vary depending on the cohort.
Non Executive Director at GTBank and Africa50 Infrastructure Fund, Nigeria
I really wanted to understand how to use technology to transform my organization and have a cybersecurity perspective. The program is not about digital transformation as a fad, but as a core strategic imperative, helping facilitate and use technology to leapfrog obstacles. It was an amazing group of diverse participants, with lots of experience. I probably learned as much from the participants as from the speakers. I loved this program; it was excellent.
Non Executive Board Member and Chair of the Sustainability & Ethics Committee at Stora Enso, Finland
Digital Transformation must solve real-world problems for your organization. The program helped me get clear on that fact and allowed me to understand the language around the topic.
Executive Chairman, Thejo Engineering Limited, India
Digital Transformation for Boards brought me up to speed in terms of digital transformation and cybersecurity. I came back from the program and immediately re-evaluated our level of risk, and put together a team to mitigate it.
Board Advisor, Non-Executive Director, Strategic Human Capital, Italy
From people to systems and from processes to governance, this program allowed me to understand how boards can make digital transformation work.
Chairman of the Board, Paola Ghillani & Friends SA, Switzerland
I gained a lot of inspiring insights, good networking, and now I feel more confident to go through the digital transformation journey on my board.
Length: 2 days on campus.
Harness the power of IMD’s generative AI
Sign up for this program to access IMD AI+ and unlock the power of hyper-personalized learning.
Use IMD’s award-winning app, trained in real time on our program sessions, research, and thought leadership, for an interactive learning experience during and after the program.
Go much deeper into specific areas of the program topics related to your industry, personal context, and organizational challenges.
Access IMD faculty expertise to guide you as you apply your learning back at work and continue to build on your knowledge far into the future.
Two pathways to board excellence
