As the digital revolution transforms every aspect of our lives – from how we create and consume products and services, to how we communicate, entertain, and relate to one another, the implications for chief executives and boards of directors are almost immeasurable. This comes as public trust in “big business,” according to a 2016 Gallup Poll, is ranked near the bottom of all public institutions – well below even the news media, and just edging out Congress! Given the lack of public trust due to the financial crisis and the way technology is shifting the employment environment, this is not too hard to understand. What is clear, is that corporate governance must evolve to reflect these rapid and profound economic and societal changes that are happening by the moment.
