How Your Board of Directors Thinks About IT
By Dennis McCafferty | Posted 10-18-2012How Your Board of Directors Thinks About IT
Mission Critical
56% of directors believe IT is "very important" or "critical" to their organizations.
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Seeking an Edge
36% of directors say their companies need to improve at anticipating competitive advantages from emerging tech.
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Making Time
47% of directors say they spend between 6% and 20% of their board-devoted hours on IT.
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Priority Adjustment
57% of directors indicate they'd like to spend more time on IT in the coming year.
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Plotting Course
75% of directors want to spend more time on strategic planning.
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In the Dark
21% of directors are dissatisfied with the information they receive about their organizations' competitive intelligence.
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Merit Pay
29% of directors say their boards have moved toward making executive compensation performance-based.
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On the Outs
31% of directors are dissatisfied with a fellow director to the point where they feel that individual should be replaced.
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Senior Moment
About half say the reasons for dissatisfaction include aging, which diminishes that person's performance.
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Class Session
52% of directors believe some form of annual board education should be required.
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Downplaying Diversity
Only one-quarter of directors feel that racial and gender diversity on the board is "very important."
