We live in an era of digital transformation. Digital technologies, digital data, and the new connections and relationships that arise in the process of their use, lead to fundamental changes in our life.
An effective Board of Directors is a key link in an effective corporate governance system. The efficiency of the company depends on what tasks the Council sets before the management, what questions it asks during the meetings, how carefully it checks and analyzes the information received from the management.
Effective board management is a concept that encompasses the system of relationships between the executive bodies of a JSC, its board of directors, shareholders, and other interested parties. Corporate governance is the basis for determining the goals of the company, determining the means to achieve these goals and mechanisms of the counter.
The main goals and objectives of the board portals for effective board meetings are:
An effective board meeting establishes the main guidelines for the company’s activities for the long term, approves key performance indicators, the main business goals of the company, strategies and business plans, and controls their implementation:
Board managers should not only look for new ways to manage the economic and social change brought about by digital transformation but also foster new opportunities for economic growth through digital transformation. It is not simple. The nature and impact of this transformation are constantly changing.
Besides, the importance of applying a competency-based approach and creating a competency model for a digital transformation team in the public administration system is confirmed, on the one hand, by the needs of the digital economy and technological trends, and, on the other hand, by the lack of a conscious approach to solving this issue in regulatory and methodological documents on the selection of personnel for filling positions. public civil service