Digital transformation involves rethinking how technology can be used to improve business models, value proposition, customer experience, operational efficiency, and more. This means innovating to deliver enhanced products, services, and customer engagement, but also means having a board of directors that is digitally conversant.

Findings from recent MIT research show that board members who understand the impact of emerging technologies on business success are helping companies outperform competitors. Having a digitally savvy board is the new financial performance differentiator. Digitally savvy boards help their companies move forward at a sufficient pace, advocating for change by supporting and sometimes nudging their CEOs.

Conversely, when a board lacks digital savviness, it can’t get a handle on important elements of strategy and oversight, and thus can’t play its critical role of helping guide the company to a successful future.

Participants of this program will:

• Become more digitally savvy from strategic, technological, and enterprise perspectives.
• Earn an MIT digital savvy board member certificate
• Become a more effective director as your company transforms to succeed in the digital era
• Collaborate with directors from all over the world
• Learn how to ask the right questions
• Earn a certificate of completion from the MIT Sloan School of Management upon successful completion of your course. This course may also count toward MIT Sloan Executive Certificate requirements

The in-person program is three days in length and is designed to set the foundation for board members to increase digital savviness in themselves and their colleagues as well as to have more productive discussions around the opportunities and threats the digital economy presents for enterprises.

Drawing on MIT-research, the module includes case studies, interactive exercises, and discussions. It provides a definition of "future ready" and how to get there, how companies will make money going forward, the role of the board in digital transformation, and making change happen in large enterprises.

This course is designed for leaders and board members of large enterprises. We highly recommend sending a team so that the individuals can develop a shared language and understanding of the digital concepts.