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Full Description
By 2030, AI is expected to contribute $15.7 trillion to the global economy. However, corporate boards are increasingly struggling to respond to this systemic change. As AI increasingly influences business strategies and operations, board members and executives must ensure that their organization is using AI responsibly and effectively to maximize value and mitigate risks. Building on research conducted on some of the leading Nordic multinational companies, this book presents the Boards 4AI Leadership Matrix, a practical framework designed to guide and oversee AI capabilities at the board level. A special focus is placed on AI's complexities, ethical best practices, and sustainable growth. By equipping leaders with the necessary tools and knowledge, this book gives board directors the tools to make informed decisions that align with corporate governance standards and societal expectations.
Contents
Chapter 1: The Imperative of AI Leadership for Boards.- Chapter 2: The Boards 4AI Strategic Leadership Framework.- Chapter 3: AI Strategy Leadership Talent & Workforce and Transformation.- Chapter 4: Board Accountability Role, Competence, & Structure.- Chapter 5: Oversight of AI's Dual Impact on Sustainability.- Chapter 6: Board Guidance of AI Operational Capabilities.- Chapter 7: Board Supervision of AI Governance Capabilities.- Chapter 8: Boards 4AI Matrix A Tool for Developing Board AI Capabilities.- Chapter 9: The Future of Board Work and Call to Action.
