Top Tweets for #BigIssues18
We are in #Warrnambool today for our Leaders Edge Lunch. (L-R) David Bayes FAICD, Greg Walsh, Bernadette Northeast GAICD, and Emily Lee-Ack. #BigIssues18
#Bendigo Leaders’ Lunch. (L-R) Andrew Cooney GAICD, Robert Johanson, Deborah Hambleton GAICD, Angus Armour FAICD, and Sally Leake MAICD. #BigIssues18
Attended #bigissues18 @AICDirectors and pleased to hear the emphasis on cybersecurity. As a CIO this is one of my highest priorities. We need to keep the conversation going at board level.
Thanks to today's #BigIssues18 panelists for sharing their insights into what boards need to be paying attention to in 2018. See what was up for discussion by clicking the hashtag
The #diversity story needs to go a lot further. There’s not many boards in Australia that look like their customers. This needs to be done in a constructive way, says Nicola Roxon at #BigIssues18
Where are we adding value? Boards need to have this discussion regularly, says Hon. Nicola Roxon at #BigIssues18
Nicola roxon: other than usual director role re compliance etc, it’s not asked enough what other value directors can add to an organisation? #BigIssues18
We need to expect the same standards of directors that we expect of staff when it comes to #cybersecurity. Are directors taking care of their passwords, laptops, etc? #BigIssues18
How should companies respond to #data breaches?
- Tell it how it is, don’t try and cover up the extent of the breach.
- Figure out what needs to change so that a customer’s faith is restored in the company.
- Learn from mistakes.
@hughewilliams at #BigIssues18
“Everyone is saying #data is a hot topic. What are boards asking to see? And are they asking constructive questions?” - The Hon. Nicola Roxon at #BigIssues18
Common theme? Protection of data. How do you know what data you have, let alone what data to protect? Nicola: this is the challenge for board- using “what will be on front page of herald sun” test. #BigIssues18
3 things boards need to have top of mind:
- Change: the new normal.
- Rethinking business models: physical asset values changing, data increasingly valuable.
- The workforce of the future: boards need to do more workforce planning
Rebecca McGrath at #BigIssues18
Rebecca Mcgrath: rethinking business models. Industrial sector being turned on head. Not a linear path anymore. Eg new players in old sectors; how do we value data when its an unrealised asset. #BigIssues18
Boards need to be thinking about driving their business using #data. What are customers doing with your product and what can you learn from this? Companies who understand their customers better than competitors are better placed to succeed, says @hughewilliams #BigIssues18
Nicola Roxon on 3 of the big issues for 2018:
- A move towards data-driven customer-centricity
- Crisis-management: not about protecting yourself as a director, but thinking about the business
- Cybersecurity: not just a #tech issues, but a business issues
#BigIssues18
Great to be at @AICDirectors #BigIssues18 @LeoniejmLeonie @lizzie_p1 and other from #boardKickstarter alumni
On the panel today are The Hon. Nicola Roxon, @hughewilliams and Rebecca McGrath, with @kathybowlen facilitating #BigIssues18
It’s going to be a busy afternoon in Melbourne, #BigIssues18 is kicking off shortly. Follow the hashtag to see what directors need to stay on top of this year
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