In late 2006, Deloitte Consulting LLP began a research initiative to explore how boards of directors are approaching information technology (IT). Phase I of this research represents the findings from more than 30 interviews with directors and senior executives. These findings have been captured in the point of view: "What the Board Needs to Know About IT: The Board's Role in Leveraging Technology as a Strategic Resource."

Phase I revealed a critical gap between how boards are addressing IT and what they need to know about IT. The report includes the following findings:

• IT has dramatically evolved as a critical business lever, elevating it to a new level of importance for the board
• The prevailing belief that IT is an important matter for the board to consider is not consistently acted upon in the boardroom
• IT value measurement, business risk and information security are top-of-mind issues for board members, but effective management oversight remains elusive

A PDF version of the Phase I research findings can be downloaded below. 

Related Content:
Report: What the Board Needs to Know About IT: Phase II Findings