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Corporate Governance
in the Post-Industrial Transition
Directors now face a world where technology is evolving exponentially. The structure of entire industries is changing dramatically, and the threshold for industry outsiders disrupting them is lower than ever. Corporates must focus on rapid renewal, but struggle to attract young innovators, who are not so eager to work for big, traditional firms. In this paper we discuss what boards can do guard against loss of shareholder value due to technology disruption, and how to ensure that management proactively pursues disruption opportunities.
Last revised: June 25, 2018
Directors now face a world where technology is evolving exponentially. The structure of entire industries is changing dramatically, and the threshold for industry outsiders disrupting them is lower than ever. Corporates must focus on rapid renewal, but struggle to attract young innovators, who are not so eager to work for big, traditional firms. In this paper we discuss what boards can do guard against loss of shareholder value due to technology disruption, and how to ensure that management proactively pursues disruption opportunities.
Last revised: June 25, 2018