As organizations around the world continue to accelerate adoption of technology to transform their business activities, a host of new risks and challenges emerge, not the least of which is significant reputational damage for companies that act in irresponsible ways when they deploy new tech or handle consumer data.
A new survey by London-based law firm Eversheds Sutherland is shining a light on how corporate digital responsibility and digitalization strategies may collide within organizations and how well (or not so well) executives believe their organizations are handling these important matters.
Here’s a look at some of the key findings:
- Fifty-six percent of executives believe a lack of widely accepted standards and laws makes it difficult for them to execute a strategy around corporate digital responsibility (CDR).
- Sixty-one percent of businesses struggle to keep up with legal requirements and voluntary guidance that apply to digital technologies.
- Forty percent of respondents say digital ethics and CDR are very important to moving forward with acquisitions of tech companies focused on digitalization.
Download the report, “Shaping the future of digitalization: Global perspectives on digital technologies, risk and corporate digital responsibility,” which was based on a survey of 700 executives around the globe, and check out all the results for yourself.
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