How Your Board of Directors Thinks About IT

By Dennis McCafferty  |  Posted 10-18-2012
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What's on the minds of your company's board members? CIOs and other top tech managers may be comforted to know that these elite-level decision makers consider IT as a critical, growing priority, according to a recent survey from PwC. As companies face greater public scrutiny about performance, competitive advantage and customer service, directors recognize that technology solutions can help address these issues. Directors are also determined to sharpen their organization's strategic thinking and link executive compensation to performance. However, in today's global marketplace, you may be surprised to find out how few directors consider diversity a priority. To provide organizations with better guidance, PwC offers its Center for Board Governance as a resource for directors and audit committees for improved boardroom performance. A total of 860 public company directors took part in the research.

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29% of directors say their boards have moved toward making executive compensation performance-based.

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Dennis McCafferty is a freelance writer for Baseline Magazine.
 
 
 

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