Supervisory body requirements in the digital age

The disruptive supervisory board

Whitepaper
By
Dr. Sebastian Pacher
| 28. November 2016
It is time to increase awareness regarding digital transformation and, related to this, endow the supervisory board with a capacity for change. How do supervisory boards steel themselves to confront digital transformation? A digital mind set, skill set and tool set and the courage to admit new members to one’s own ranks are all important requirements in order for the controlling body to embrace disruptive changes and provide agile support to the board of directors.

The “disruptive supervisory board” must dedicate itself to digital transformation, act as an opinion leader to place digital topics on the body’s agenda and constantly “challenge” the board of directors on issues related to the strategic and digital development of the company.