With an ever-changing business environment and growing expectations from shareholders Board members both present and future members have the chance to shape the board room for the future. Boards can be prepared for the unexpected opportunities and challenges by adopting a forward-looking governance strategy and focusing on continuous learning.

A sustainable boardroom requires a solid narrative, as well as relevant data. This is a clear representation of the company’s environmental footprint as well as its social impact and dedication to sustainability concepts. The boardroom must be equipped with tools to manage the complex and interdependent business cycle. To meet these demands boards must employ technology that is easily managed and secured with the potential risks carefully thought through.

For instance, using a secure and safe board management system like BoardPro will allow for efficient communication and collaboration between all stakeholders. Boards are also able to access real-time analysis and “living” information to allow them to assess the impact of their decisions on the business at any point. Additionally, using technology that permits the use of crowdsourcing can help businesses to gain valuable information from their customers, employees and other members of the community who could have information that might otherwise be difficult to access.

The future boardroom will be more diverse and inclusive. It will have to recognize the importance of diversity not just in terms gender or ethnicity but also in terms mindset and background as well. Likewise, the boardroom of the future will be one that prioritizes education to better manage cybersecurity as well as other emerging issues, like climate change.

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