5 Key Strategies for Financial Boards to Drive Digital Resilience
A crisis can uncover an organisation’s inability to adapt to unforeseen challenges, or it can present new opportunities. While many industries struggled in 2020 to adapt to the challenges caused by the COVID-19 pandemic, the financial services industry adapted to the new dynamic relatively swiftly and efficiently.
Financial organisations accelerated their digital roadmaps to create productive virtual environments for distributed teams and made the transition to digital channels and touchpoints for customers relatively quickly. Australia’s historic, rapid take up and acceptance and of new technologies and innovations in financial services also left it well placed to adapt.
Leaders are now shifting gears, however, widening their lens from short-term success to long-term sustainable growth. Digital resilience has emerged as a prime focus for financial boards that want to ensure their organisations not only survive the next crisis, but actively thrive. Below are five key strategies for boards to create an enterprise-wide culture of resilience.
In this white paper, we look at how to:
- Align Technology with Business Strategy
- Enable Strategic Operational Risk Management
- Evaluate the Board’s Ability to Manage Modern Challenges
- Equip Boards with Actionable Cyber Security Oversight
- Maintain a Clear Line of Sight over Regulatory Compliance
Download the white paper today and find out more!