ABSTRACT
How do effective directors ensure the company is prepared for and protected from disruption?
Based on a framework of global corporate governance best practice, which can be used in all organisations anywhere in the world, this chapter of Questions To Ask (QTA) in the boardroom gives a high-level but succinct introduction to disruption.
All directors should be aware that at any given moment there are forces that can cause disruption.
The chapter considers what disruption can originate from and how the board should prepare for disruption. This includes understanding the opportunity landscape, innovation versus disruption, problem statements, the risk of conformity, the competitive landscape, non-incumbent thinking, legacy revenues, megatrends, and adaptability.
The chapter’s headlines lead into outlining the key Questions To Ask in the boardroom, giving the reader further insight into how to initiate discussions about the practical details requiring the attention of the board.
