Digital tools proved their worth to boards during the pandemic and many of the practices put in place to ensure business survival will remain.

However, digital tools will go further, according to experts. Data and technology will enable boards to view information more immediately and, as a result, improve decision-making. This includes not only business operations but also on the key issues of environmental, social and governance (ESG) concerns amplified throughout the crisis.

As boards now look forward and return to in-person meetings, these tools will not be seen as replacements for face-to-face communications but as a means to enhancing boards’ overall communication capability.

However, technology in the boardroom, is not a panacea, there are key ways to optimise its use, in order to improve board performance. There are understandable questions and concerns around risk that need addressing. How can boards ensure data security and compliance? How can boards ensure remote access networks are not vulnerable to attack and that sensitive corporate information is seen on an “eyes only” basis?

This report provides insight from board directors and expert commentators about best practice when it comes to the adoption of technology in the boardroom, and it’s potential impact on corporate governance processes, information security, communication, risk management and effective boardroom decision making.