The Future of Governance: How leaders can adapt to shifting governance landscapes and technological advancements

“In an era marked by rapid technological advancements, shifting governance landscapes, and evolving societal expectations, the future of governance stands at a pivotal juncture. As we forge ahead, understanding and influencing this future becomes paramount for ensuring that governance structures remain relevant, inclusive, and effective,” states Shirlene Siddall, CEO of the Leadership Academy for Guardians of Governance. 

The upcoming “Governance 360: Navigating and Influencing the Future of Governance” Conference, taking place on 24 July 2024, at the Hotel Sky in Sandton, aims to address these issues by bringing together experts and professionals dedicated to shaping the future of governance.

The future of governance, she explains, hinges on our ability to embrace technological innovations, promote inclusivity, strengthen global cooperation, foster ethical leadership, and adapt to societal changes.

“By proactively addressing these areas, we can ensure governance systems that meet the needs of both present and future generations.”

Key topics to be explored at the Governance 360 conference

include the implications of technological innovation on governance. As artificial intelligence (AI), blockchain, and big data continue to advance, robust frameworks are necessary to balance innovation with privacy and security concerns. Siddall emphasised the importance of ethical technology use, advocating for policies that safeguard individual rights while promoting progress.

“Global governance will also be a major focus, particularly in light of challenges like climate change, pandemics, and cybersecurity threats, which cannot be tackled in isolation. It requires a concerted effort from all sectors. Experts will explore the intersection between cybersecurity and governance, addressing the evolving cyber threats faced by organisations and the role governance plays in mitigating these risks,” she adds. 

Ethical leadership is recognised as a cornerstone of effective governance. “The conference will emphasise the need for leaders who prioritise integrity, transparency, and public service. Cultivating leaders with these qualities is crucial for navigating the complexities of modern governance,” Siddall states.

Environmental, Social, and Governance (ESG)

Another significant topic will be the impact of Environmental, Social, and Governance (ESG) risks on governance. “As businesses face increasing pressure to adopt sustainable practices, understanding and managing ESG risks is vital. As we move forward, understanding the impact of ESG risks is crucial for promoting sustainability and responsible business practices,” Siddall explains.

Further, the constantly shifting landscape of governance regulations and standards requires adaptability.

“The conference will stress the importance of scenario planning and foresight exercises in preparing for future trends and challenges. Engaging with diverse stakeholders is essential to staying adaptable in an ever-changing world.”

The event promises a lineup of distinguished speakers, moderators and panellists who are all experts in their respective fields of governance. “Attendees will include all those charged with governance including Chief Audit Executives, Heads of Internal Audit, Chief Risk Officers, Ethics Officers, Compliance Executives, Company Secretaries, Audit Committee Members, and Board Members. These sessions will provide valuable insights and foster engaging discussions on the future of governance,” Siddall concludes.

For more information and to register, visit https://evolve.eventoptions.co.za/register/governance360?tag=SWM