Title
How Supervisory Board Members Influence Digital Strategy: Towards a Framework for Digital Strategy Governance
Author
van Golden, Simone L. (Nyenrode Business Universiteit)
Janssen, M.F.W.H.A. (TU Delft Engineering, Systems and Services) 
Kievit, Henk (Nyenrode Business Universiteit)
Contributor
Janssen, Marijn (editor)
Matheus, Ricardo (editor)
Pinheiro, Luiz (editor)
Frankenberger, Fernanda (editor)
Dwivedi, Yogesh K. (editor)
Pappas, Ilias O. (editor)
Mäntymäki, Matti (editor)
Department
Engineering, Systems and Services
Date
2023
Abstract
Since digital opportunities will continue altering business models, organizations need to formulate and execute digital strategies to sustain long-term value. A digital strategy is governed by the organization’s board. A board consists of executive and non-executive members, whereas in a two-tier system, the non-executive members form a supervisory board that is decoupled from the executive board. We present a framework illustrating how the actions of supervisory board members might influence digital strategy. We developed this framework based on a structured literature review with insights from corporate governance, strategic management, and board-level IT governance. We found that supervisory board members execute a variety of actions to take and shape strategic decisions and shape the strategic content, context, and conduct within their organization. We integrated our findings into sixteen potential actions that supervisory board members can take to influence digital strategy formulation, execution, and context. Further research should evaluate the framework and investigate the impact of their actions on digital strategies.
Subject
board member actions
board-level IT governance
digital strategy
digital strategy governance
supervisory board member
To reference this document use:
http://resolver.tudelft.nl/uuid:9efe3b44-5362-41bf-9bea-f427cf4a691f
DOI
https://doi.org/10.1007/978-3-031-50040-4_9
Publisher
Springer
Embargo date
2024-06-15
ISBN
9783031500398
Source
New Sustainable Horizons in Artificial Intelligence and Digital Solutions - 22nd IFIP WG 6.11 Conference on e-Business, e-Services and e-Society, I3E 2023, Proceedings
Event
22nd IFIP WG 6.11 Conference on e-Business, e-Services and e-Society, I3E 2023, 2023-11-09 → 2023-11-11, Curitiba, Brazil
Series
Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics), 0302-9743, 14316 LNCS
Bibliographical note
Green Open Access added to TU Delft Institutional Repository ‘You share, we take care!’ – Taverne project https://www.openaccess.nl/en/you-share-we-take-care Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public.
Part of collection
Institutional Repository
Document type
conference paper
Rights
© 2023 Simone L. van Golden, M.F.W.H.A. Janssen, Henk Kievit