SHANGHAI–(BUSINESS WIRE)–Tricor Group and the Financial Times Board Director Programme co-released the inaugural Asia Pacific Board Director Barometer Report, uncovering corporate board sentiments on COVID-19 disruptions globally with a focus on mainland China and other APAC markets.
According to the 2021 Asia Pacific Board Director Barometer Report:
- Corporate boards are struggling to keep pace with rising digital adoption and transformation pressures against the turbulent headwinds of the COVID-19 pandemic.
- Business continuity planning (BCP) and corporate governance, risk & compliance (GRC) are weighing on board directors, rising to the top of corporate board priorities.
- Corporate boards are not equipped to support effective hybrid meeting models, which are expected be the most favored operating model post-pandemic.
- The digital divide is continuing to widen and corporate boards are falling behind, highlighting operational and security risks and inefficiencies.
- Gaps in cybersecurity threaten corporate board operations and integrity.
The 2021 Asia Pacific Board Director Barometer Report reveals sentiments and actions of board directors across the globe in key areas of digital transformation, cybersecurity, board operations, corporate governance, risk & compliance (GRC) and business continuity planning (BCP). It is an in-depth survey conducted amongst 771 board directors representing a spectrum of startups, small and medium-sized enterprises (SMEs),…