Why data privacy matters in a public world?
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Are directors sufficiently prepared for big data, and the risks that come with it? Big data is everywhere and extends beyond collecting information. While boards may find it extremely helpful when making important business decisions, it’s vital to understand how harnessing the power of data analytics can lead to an effective strategy to enhance governance goals and support larger business decisions. Safeguarding data and compliance with regulations like the California Consumer Privacy Act (CCPA) and the European Union’s General Data Protection Regulation (GDPR) can leave directors struggling to manage risk.
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RSM/NACD white paper outlining the six warning signs boards should be aware of, along with areas boards should focus on.
A white paper focusing on strategy and risk, executive compensation, CEO succession planning and board evaluations.
The key to creating a diverse board is to think broadly. Consider strengths, competencies, industry experiences, and risk appetite as well.
When it comes to managing the risk of new technologies and cybersecurity, boards have a number of new issues to consider.
The board can foster a leadership team that is ready for strategic shifts that drive stakeholder value and may be fundamental to survival.