TLDR:
Key Points:
- Boards need to reassess their technology oversight processes to keep up with rapid advancements.
- Deloitte’s Tech Trends 2024 report explores upcoming technology advancements and their impact on governance.
In the article “Questioning technology governance orthodoxy,” Carey Oven and Mike Bechtel from Deloitte discuss the evolving landscape of technology governance and its importance for boards. Technology has become an integral part of governance across various industries, requiring boards to stay informed and adapt their oversight processes.
The authors highlight Deloitte’s Tech Trends 2024 report, which delves into upcoming advancements in technology and how they will impact the interactions between humans and machines in the workplace. Boards need to be prepared for potential shifts in technology that could have far-reaching implications for their organizations.
The article emphasizes the importance of understanding the macro technology forces that are driving future trends. From AI to cybersecurity and modernization, boards need to assess how these factors will shape their governance strategies. The authors also draw comparisons between the 2023 and 2024 reports, highlighting the evolution of technology trends and their implications for boards.
Overall, the article stresses the need for boards to stay informed, reassess their technology governance processes, and be proactive in addressing the challenges and opportunities presented by rapid technological advancements.
