The rapid advancements in Artificial Intelligence (AI) are transforming industries globally, offering unprecedented opportunities while posing complex challenges. For corporate boards, understanding AI is no longer optional; it is a strategic imperative. Effective AI governance ensures that organisations not only harness the potential of AI but also mitigate its risks, align with ethical standards, and remain compliant with evolving regulations.
In this flagship programme, we will explore the board’s critical role in strategising, overseeing, and governing the integration of AI within organisational frameworks. The programme will cover strategic applications of AI, governance structures, risk management practices, and key ethical considerations – how these are managed across the organisation whilst not limiting innovation. Additionally, participants will gain insights into the financial implications of AI adoption and its impact on workforce dynamics.
This programme is designed to equip directors with the knowledge and tools needed to navigate the complexities of AI governance effectively. Whether newly appointed or seasoned directors, participants will learn to ask the right questions, evaluate AI-driven initiatives, and lead their organisations responsibly in the AI era.
Learning Outcomes
- Understand AI’s Strategic Role: Define AI’s potential and limitations within an organisational context and recognize its role in driving business transformation.
- Establish AI Governance Frameworks: Identify best practices for AI governance, including ethical principles, accountability mechanisms, and compliance with regulatory requirements.
- Evaluate AI-Driven Risk Management: Assess the risks associated with AI adoption, including data privacy, algorithmic bias, and cybersecurity vulnerabilities, and understand mitigation strategies.
- Analyze AI’s Financial Implications: Explore the cost-benefit analysis of AI initiatives, addressing ROI, budget considerations, and financial risks tied to AI investments
- Navigate Talent and Workforce Shifts: Examine the impact of AI on talent acquisition, reskilling needs, and fostering an AI-ready organisational culture
