AI governance is not just IT’s job anymore - so who else is at the table?
Cross-functional teams and working became central to the success of enterprise digital transformations. The same principles are also being applied to the governance of Artificial Intelligence (AI) in the enterprise. Good governance enables innovation, protects customers, and ultimately the bottom line of the business.
The digital leadership community therefore needs to work with peers in cybersecurity, legal, human resources and other business lines to co-develop an AI governance policy that all areas of the business can embrace and benefit from. Is this happening? We spoke to our community - the diginomica network - to map the landscape.
Just over half (51%) of our network of digital leaders has developed an AI governance policy with consultation from other functions of the business, and 31% developed the policy as a cross-functional group. Just 14% developed the policy solely within the technology department. This is a positive start and shows the overall trend...
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