One-third of directors lack understanding of IT, study says

PwC releases its Annual Corporate Directors Survey

Information technology (IT) is rising to the top of priorities for corporate directors as they recognized the increase importance of IT oversight, according to a new study by PricewaterhouseCoopers (PwC).

PwC released its US 2013 Annual Corporate Directors Survey results earlier this week, and it revealed a number of interesting findings. “With technology rapidly changing the way companies do business, more boards are turning to outside consultants for advice on IT strategy and risk oversight,” PwC said in its release about the results.  “Meanwhile, directors are also taking a close look at their companies’ ability to embrace digital transformation and strategically utilize emerging technologies.”


Cathleen Flahardy

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