What boards need to know about business transformation


Here are 10 key issues boards should understand to help their executive team make the most of a business transformation programme.

Image: IR Stone/Shutterstock
Transformation was already high on the board agenda prior to Covid-19, but its importance is growing as boards and executive teams wrestle with how the post-pandemic economy will shape up. As a board member, do you know enough about the mechanics of business transformation to fully support the executive team as they engage with one of the more fraught episodes in anyone’s management career?
It’s likely that Covid will shape the business agenda for the rest of the decade. The IMF has already calculated that global lost productivity amounted to $28trn in the first wave alone.
Early movers have already indicated they are making permane
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