How Big Data Will Affect Boards

Governing through this new era of big data is a huge board challenge. The concept of ‘information governance’ – how information is managed to support the organisation’s obligations and meet its outcomes – is deservedly gaining more traction in board circles. But big data extends well beyond information. It will affect everything from the organisation’s strategy, skills and capabilities to its culture and values. Boards must ensure that structures and frameworks are in place for the organisation to take advantage of the opportunities that big data presents, and manage through its many threats.