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BDO USA: Board Directors Focus on Emerging Tech and Risk Management Amid Uncertainty
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Subscribe02 OCT 2024 / PEOPLE UPDATES
Chicago-based firm BDO USA surveyed 250 company directors, highlighting a strong emphasis on machine learning, Generative AI, and advanced tech investments to improve business processes. However, this innovation comes with an increased risk of cybersecurity breaches, leading directors to prioritize risk management, succession planning, and strategic innovation, especially in light of volatile economies and geopolitical tensions. The findings suggest that balancing technological advancement with robust risk management will be key to success in times of economic uncertainty.
As directors prepare for 2025, Chicago-based IPA 100 firm BDO USA (FY23 revenue of$2.9 billion) surveyed 250 public company directors to identify key focus areas for the year ahead. The 2024 Board Survey highlights a strong emphasis on emerging technologi...
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