Board oversight of AI propels companies forward
As AI business solutions continue to emerge, boards can shape the futures of their organizations through their oversight of management’s deployment of this technology.
Boards have the experience and vision to lead in this area, and conscientious directors are working to educate themselves on the technology while considering how to add people with deep AI insights to their rosters.
In this series of videos, Grant Thornton professionals and prominent governance and AI thought leaders share their perspectives on how boards can nudge their organizations toward effective and profitable AI uses that remain consistent with organizational principles.
Keep checking back as we add more videos with fresh perspectives.
Oversight of systems, data security and AI risks
In these three videos, Grant Thornton Risk Advisory Principals Johnny Lee and Ethan Rojhani describe how boards can help management make sure systems and data are ready to facilitate AI capabilities while maintaining careful oversight over the risks.
“You bring a multidisciplinary team to the table,” Lee said. “You have an HR representative to speak to those concerns. You have a finance representative to speak to those data sets and those concerns, those risks. Likewise with legal and operations and compliance and IT. So that’s the bedrock. You have those multidisciplinary perspectives brought to bear. And then you consult niche expertise where you don’t have it in-house.”
Watch the videos for more insights from Lee and Rojhani.
How cybersecurity and AI risk management intersect
The need for attention from throughout the organization makes management’s efforts to manage AI risks analogous to cybersecurity practices, according to Lee and Rojhani.
3:56 | Transcript
Related resources
AI data security tips for boards
Gaining a complete understanding of an organization’s data assets is a key prerequisite for managing risks related to AI. Lee and Rojhani share their perspectives.
2:44 | Transcript
How boards can enable AI by digging in on systems capabilities
Basic governance around cloud infrastructure provides the foundational element for AI enablement. Rojhani and Lee explain why.
2:26 | Transcript
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