What does it mean for a business to be future-ready when the market is fluid and unpredictable, when factors impacting business outcomes – trade wars, technology, board changes and so on – happen in the blink of an eye?
“There are things that occur and seem to us as a revolution, ” he begins, “however, they are actually a reaction to changes that we either oversaw or did not understand.” “How we cope with exponential technologies and the merging of bio-tech, nano-tech and artificial intelligence, ” he advises, is in itself a force of disruption. Since Netscape 1.0. first sparked commercial Internet more than 25 years ago, the conversation has swirled around the topic of radical digital transformation, Indset says, “but what lies ahead is the actual digital tsunami.
“The composition of any entity defines its future, ” offers Indset, and too often, he adds, “The structure and composition of boards are defined by external factors, or by ego, not based on the essential vision and values that are outlined. This must change. It should not be about who it is today, but about ‘why’, ‘how’ and ‘what’.”
And leaders are what organisations require for thorough yet meaningful self-governance, for self-governance is a crucial step in building and sustaining that trust with not only consumers and customers but also with investors and stakeholders.
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