Economic Benefits of a Digitally Savvy Board

• 34% higher revenue growth
• Less than 1/4 of boards are digitally savvy
• More than 3 digitally savvy board members brings economic benefits

How does a company add digitally savvy board members?

• Use consistent terminology understood by all
• Treat digital strategies are business strategies
• Track company digital data (e.g. digital use, orders…)
• Talk about business digital achievements. Highlight it & highlight it again
• Coordinate work to draw broad board support for digital strategies

MIT Sloan School | How to build a digitally-savvy board