As technology becomes a core strategic function in more and more industries, boards of directors are realizing that they need to have those skills in order to effectively oversee their organizations. Many boards are even establishing cyber security committees in order to manage cyber security risks. Clearly, boards that have cyber security committees are well served to have at least one member that is deeply knowledgable about technology.
As this post at The Wall Street Journal points out, it can be difficult to find board members who are both technologically savvy and have the strategic experience required to be an effective board member.
Finding the right board members is always a challenge, whether technology oriented or not. But there are some things you can do to make it easier, particularly if you are looking recruit or keep a technically savvy member. One of them is to commit the board to using more technology. If technology is core to your organization, it probably isn't a good idea to keep the board's operations out of the digital age. Here at iBoardrooms, we make board portal software that automates the administrative details of managing board meetings and other matters. One benefit is more efficient board meetings and more time to focus on strategy. Another important benefit is orienting the board to technology and keeping board members who expect modern technology in all aspects of their work happy.