A rapidly changing business environment and rising shareholder expectations give the current and future members of the board the opportunity to shape it for the future. Boards can be prepared for the unexpected challenges and opportunities by adopting a forward-looking governance strategy and focusing on continuous learning.

A sustainable boardroom requires a compelling narrative, as well as accurate data. This includes a clear view of the company’s environmental footprint, its social impact and dedication to sustainability concepts. The boardroom must also be equipped with tools to manage the complex and interdependent business cycle. To meet these demands, board members will need technology that is simple to manage and secure. Risks that could be a threat must be carefully assessed.

BoardPro, for example, lets all stakeholders communicate and collaborate effectively. Boards are also able to access real-time analytics and “living” information so that they can see the impact of their decisions on business at any given time. Crowdsourcing technology also helps companies gain valuable information from customers, employees, and even community members.

The future boardroom will be one that is more diverse and inclusive. It will have to recognize the importance of diversity, not only in terms click to investigate of gender or ethnicity but also in terms of mentality and background as well. The boardrooms of the future will also prioritize education in order to better manage cybersecurity and other emerging issues, such as climate change.