Board Advisory Services
AI Governance Workshop
Board Advisory Services Overview
Artificial Intelligence (AI) has become a transformative, fast-moving technology. It has far reaching and unknown impacts for businesses, including how we run operations, create intellectual capital, build new products, manage the workforce, assess liabilities, and ultimately pursue growth.
As a board, do you fully understand both the risks and opportunities? Is your knowledge about AI's business applications sufficient to assess management's plans to harness the technology? How can AI give your business a competitive advantage? Conversely, how could reckless adoption of AI jeopardize your organization's brand integrity? Backed by more than 40 years of experience supporting directors in driving governance excellence, NACD can work with you effectively to answer these questions.
What Is the AI Workshop?
NACD's new AI Workshop focuses on both the risks and opportunities in AI for companies. Two dedicated faculty are selected for your workshop, who bring both the risk and reward viewpoints directly to boards with an unbiased perspective. This service will make a positive impact on your board's expertise and ability to quickly provide oversight to AI-related issues.
Objectives
Anticipate major implications for your industry, business, workforce, and strategy.
Understand the ethical, social, and legal implications of AI.
Learn best practices to establish responsible governance of AI.
Discover best practices to avoid potential hazards and missteps.
Develop consensus on the board on how to effectively oversee this new disruption and engage management on the benefits and drawbacks of AI.
Assess whether management is building the appropriate (long-term) business case for AI.
Available Formats
A 60-to-90-minute, virtual board briefing, intended to brief the board on AI technologies and their disruptive impacts on many dimensions of business.
A two-to-three-hour, expert-led workshop, either in-person or virtual, that aims to help the board develop an appropriate AI governance approach, including a focus on risk oversight and integration of AI into board oversight of strategy and innovation