Board briefing: Demystifying tech governance

Why should directors care about tech governance?

• Are we compliant?

• Are we managing risks?

• Are we accessing opportunities?

 

Compliance

• Need to know what legislation exists
• Need to know what compliance means for your organisation - thresholds
• Need to take action which satisfies you that you have met the standards
• Need to check and validate

Risks

• Need to know what data, systems, networks and hardware we have
• Need to understand what risks are present
• Need to take action to mitigate risks
• Need to check and validate

Opportunities

• Need to frame within our strategic and operational setting
• Need to identify relevant opportunities
  • Being responsive to rapidly emerging and evolving trends
• Need to take action to grasp opportunities
• Need to achieve real value