Whether in the car, in the elevator, during meetings and meals, on planes and trains, even in the middle of a conversation, we’re constantly texting. And that’s something boards and directors need to start thinking about in a very different way.
The convenience, immediacy and intimacy of a text message has made texting central to everything — connecting with friends and family as well as coordinating with colleagues and clients. Cell phones are indispensable and ubiquitous; users in the United States send 2 trillion text messages a year. Set aside for now your suspicion that this portends the end of Western civilization. Let’s instead focus on the two key reasons this matters for businesses and boards: enforcement risks and cyber risks.
‘Enforcement 40’ for 2020
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