Information technology (IT) issues are increasingly important to businesses from strategic, size of investment, risk creation and mitigation, and operational perspectives. At Foley’s sixth annual National Directors Institute on March 8, 2007 in Chicago, “What Your Board Needs to Know About IT” was a featured breakout designed to discuss these issues in detail.
Moderated by Jim Kalyvas, partner and chair, Information & Outsourcing practice, Foley & Lardner, the panel also included Ken Porrello, principal, Deloitte Consulting LLP and Ellen Koplow, general counsel, TD Ameritrade. This three-part presentation explored corporate board engagement with IT issues, including insights into boards’ varying approaches to IT based upon their business models and strategies; the realities that can shape a board’s agenda and how it affects oversight of IT; and best practice tips on how boards can improve their knowledge and handling of IT issues.
