Digital-series-icon Digital Series

Navigating digital disruption: What your board needs to know

Watch webinar
Griffith College
With

Robert Farrell

Digital transformation trainer, Lecturer & Speaker - Griffith College
11th of May 2022 at 13:00 (GMT+1)
Via Zoom
Free

Key Takeaways

 

  • The world is changing when it comes to digital disruption.
  • Often organisations focus on logical incrementalism i.e. growth based on what’s been done before but this won’t cut it anymore.
  • In the last 20 years, companies that have adopted the right tech approach have become the real power houses.
  • Digital transformation is your response to change and you need a strategy in place to make it work.
  • A great example of digital disruption is what happened to Blockbusters when Netflix disrupted the market.
  • What can boards do to make sure they’re ready for digital disruption?
    • Set up committees that focus on digital trends
    • Inform yourself and the board – this is essential
    • Put digital transformation on the agenda regularly
    • Upskill your board members and employees
    • Take calculated risks and experiment with digital transformation
  • In a Harvard review, the biggest challenges faced by organisations are:
  • 27%: New technologies and new platforms
  • 18%: Hiring and reskilling talent
  • 12%: Getting the right capital to invest in new and emerging technologies
  • Questions to ask your board about digital transformation include:
  • Is the board allocating sufficient time on the agenda?
  • Does the board have the right skills?
  • Is the information the board obtaining trust worthy?
  • What assumptions is the current board strategy based on – is it still valid?

About

This Webinar

Global spend on Digital Transformation will exceed $2.3T in 2023 yet 70% of transformation projects fail to achieve their goals according to the Harvard Business Review. Robert Farrell – lecturer, trainer and speaker specialising in Digital Transformation – is on a mission to improve this by developing the next generation of leaders. He will be discussing current trends in digital disruption and transformation and what your board needs to consider as it navigates its way through these demands.

This Speaker

Robert Farrell is a lecturer, trainer and speaker specialising in Digital Transformation. Robert has delivered training to audiences including Google, HubSpot, Citibank, DocuSign, Amplexor and many more. He holds a postgraduate diploma in digital transformation, a masters in strategic management and several digital marketing certifications.

Previous Webinars on the same series

Digital Series

Navigating digital disruption: What your board needs to know

Robert Farrell
Digital transformation trainer, Lecturer & Speaker
11th of May 2022 (GMT+1)
Digital Series

Making sense of cybersecurity

Oscar O'Connor
Cybersecurity Advisor, CTO, CISO, Public Speaker and Storyteller, CAPSLOCK lead mentor and Non-Executive Director
13th of October 2021 (GMT)
Digital Series

What can a board do to avoid digital transformation failure?

Robert Farrell
Digital transformation trainer, Lecturer & Speaker
7th of April 2021 (GMT)
Digital Series

How to communicate in a virtual environment

Gerardine Lally
Founder
3rd of March 2021 (GMT)
Digital Series

Digital reality Vs real-world reality in the boardroom

Nicola Byrne
Entrepreneur, CEO
20th of January 2021 (GMT)
Digital Series

Digital transformation for boardroom directors

Robert Farrell
Digital transformation trainer, Lecturer & Speaker
21st of October 2020 (GMT)

Are you interested in presenting?

Are you a thought leader, an expert or a practitioner who wants to reach new audiences with your knowledge and expertise? Would you like to suggest a webinar topic that may be of interest to our global audience?

Get in touch

Members receive exclusive insights and opportunities

The Corporate Governance Institute provides its members with exclusive content, a network of directors and business leaders, details of available board positions, and the tools and resources required for a successful governance career.

Learn more

Insights

Insights on leadership

Do you want regular thought leadership articles and guides? Sign up for our newsletter and receive weekly insights into the vibrant worlds of corporate governance and business leadership. Stay relevant. Keep informed.