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Do Boards Need a Technology Audit Committee?

admin 23 January 2019 442 121 4


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What does FedEx, Pfizer, Wachovia, 3Com, Mellon Financial, Shurgard Storage, Sempra Energy and Proctor & Gamble have in common? Technology decisions will outlive the tenure of the management team making those decisions. 

No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure.

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Success is not final; failure is not fatal: It is the courage to continue that counts. The road to success and the road to failure are almost exactly the same.

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To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it?

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