The National Association of Corporate Directors (NACD) Three Rivers Chapter presented “Technology in the Boardroom” on December 13 in Cleveland.
With reporting requirements and regulations becoming more stringent, the governance professional’s job has become increasingly critical. While evidence continues to mount in support of having directors “go digital,” with change always comes a certain degree of resistance. Part of the solution to surmount that reluctance is educating directors on how to take advantage of digital tools. A recent article in The Wall Street Journal and survey by KPMG noted the increased use of technology in the boardroom. Improved costs and innovation have made technology not only practical now, but necessary because of the obvious benefits (improved communications, efficiency and security). However, the hurdle remains overcoming resistance to change.
Suzanne Hanselman, Business Group coordinator for the firm’s Cleveland office and Gil Keteltas, co-chair of the firm’s E-Discovery Advocacy and Management Team, participated in an interactive panel discussion on how local companies are using technology to improve their efforts and how they influenced the cynics.
The Three Rivers Chapter of the NACD is a membership organization focused on promoting good corporate governance practices in Pittsburgh, Cleveland, Cincinnati and Buffalo. The Three Rivers Chapter was founded on the belief that good corporate governance is the key to building strong economies. Membership provides directors and governance professionals outside of the boardroom with a forum to deepen their knowledge of leading practices, discover emerging governance trends and broaden their peer-to-peer networks.