The study found that companies whose boards of directors have 'digital savvy' outperform others.
'Digital savvy' was defined as an "understanding, developed through experience and education, of the impact that emerging technologies will have on business success over the next decade".
The study concludes that having a digitally conversant board has become essential in an era of digital disruption and digital transformation.
The study included boards of very large organisations where being digitally savvy is now a prerequisite, but being digitally savvy applies just as importantly for New Zealand organisations.
The link below takes you to the starting paragraphs of the study but to get the full article you have to sign in – then you have to subscribe to get the full article but I think there is enough information contained in the link to give you the picture.