Harnessing the Power of Information Technology: Information-Age Boardrooms

Most boards outside the information technology sector do not need to add individuals with in-depth knowledge of the technical workings of information technology or the Internet. Nor do they need to replace all of their senior directors with members of Generations X and Y. But they do need to ensure that several of their members have a clear understanding of how information technology and the Internet are changing the dynamics of their industry and the array of strategic options open to their firm.

Technology expertise can come from a director who is a CEO or senior manager at an information technology or Internet-enabled firm. These individuals can bring the rest of the ...

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