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Digital experienced directors are rare at the top 100 TSX corporations – that’s a problem
Former Bank of Canada Governor Gordon Thiessen painted this picture in his final speech before retiring in 2001 while addressing the snail’s pace at which corporate Canada adopted new technologies.
In case you missed it:Should we be concerned about the digital literacy of Canadian board of directors?
The scarcity of digital directors in the boardroom creates a gap in providing the necessary oversight that is a fundamental responsibility of the board.
Source: State of Canada’s Top Board’s Digital Savviness, Mary Whittle, Strategic Innovation Matters, December 2020.
In October 2020, Chartthefuture.ca was formed, a joint initiative of the TMX and the Institute of Corporate Directors aiming to chart a new Future of Corporate Governance in Canada.