Governing AI with Confidence – ISO/IEC 42001 for Executives

Key Takeaways

• ISO/IEC 42001 provides a single governance framework for AI across the organization.
• Effective AI governance requires visibility into AI systems and clear ownership of each system.
• AI systems should undergo risk and impact assessment before deployment and significant changes to identify harms, affected parties and appropriate safeguards.
• The level of human oversight should match the impact of the AI system and the potential consequences of its decisions.
• Effective AI governance depends on controlled, documented and accountable data management.
• Every stage of the AI life cycle should have defined ownership and documented accountability.
• AI governance is an ongoing process that requires monitoring, review and continual improvement over time.

Business outcomes

After the briefing, participants will be better equipped to:

• Judge urgency – Assess whether AI governance warrants immediate action based on the organization's AI use, risk profile and business objectives.
• Communicate tangible risk – Understand how weaknesses in AI governance can create strategic, legal, operational and reputational risk.
• Respond to commercial pressure – Recognize how AI governance requirements increasingly flow through procurement, contracts and supplier questionnaires and how to respond effectively.
• Set up workable governance – Explore practical governance structures, roles and responsibilities that support effective AI oversight.
• Make human oversight real – Understand how different forms of human oversight can be applied based on an AI system's impact and use case.
• Build a road map – Understand the five phases of implementation, the key cost drivers and the factors that commonly delay readiness.
• Check supplier credentials – Evaluate a supplier’s ISO/IEC 42001 certificate, including its scope statement and the accreditation of the issuing body.
• Choose a next step – Understand the factors that may influence the choice between awareness training, a gap analysis, a pilot scope or a certification road map.

Target Audience

This briefing is for business professionals and decision-makers who are responsible for, or affected by, how their organization uses AI: 

• Executives and senior management who are accountable for AI strategy, risk appetite and resources
• Risk, compliance, legal and data protection leaders who will own or coordinate the AI management system
• Quality and information security managers who already run ISO 9001 or ISO/IEC 27001 and want to extend those systems to AI
• Business unit and product leaders who deploy AI in operations or in products the organization sells
• Procurement and supplier management professionals who evaluate AI-enabled products and supplier assurances
• Program and transformation leads who are preparing a gap analysis, pilot or certification road map

Further Information

For online sessions, all materials are offered digitally. For in-person courses, all materials are offered digitally and may be supplemented with hard copies. Learners must supply copies of any relevant standards.