As the COVID-19 pandemic swept the world and shifted the way many businesses work, physical annual general meetings (AGMs) became difficult to execute. Businesses had to adopt technology to maintain productivity even in flexible work arrangements. Yet, Hong Kong is no stranger to this. Hong Kong has always been proactive in adopting digital technology.

Business digitization is nothing new, but its implications on the success of organizations have been extremely significant. As companies pivot and adapt to these changing times, companies need to stay relevant by adopting digital solutions to as many business operations and management as possible.

The first step in enhancing cybersecurity is acknowledging that cyber attackers do not rest, especially now that most transactions are online. Africa has recently experienced frequent attacks on cybersecurity, increasing the global risk for information leakage. Cyber threats usually target those in the financial sector, and today, the probability is higher due to lockdowns and sudden high reliance on digital processes.

Improving corporate governance should not just be a one-time thing but a continuous initiative. There are different development styles per country in Africa, which makes it important for governing leaders to assess the situation in their locality before planning out their goals for developing sound corporate governance. Africa has seen great efforts in achieving sound corporate governance in the past years. Corporate governance is now considered a prerequisite for economic development.

Using the right boardroom technology is of utmost importance when shifting from physical to virtual board meetings. One of the most important factors to consider to make sure you choose the right technology is security.