Empowering AI Leadership: AI C-Suite Toolkit
Artificial intelligence (AI) is one of the most important technologies for business, the economy and society and a driving force behind the Fourth Industrial Revolution. C-suite executive...
Toolkits for corporate executives to identify the benefits of AI and how to operationalize it in a responsible way
Artificial intelligence (AI) is the software engine that drives the Fourth Industrial Revolution, and its impact can be seen in homes and businesses alike. When embodied in robots, it will soon be driving cars, stocking warehouses and caring for the young and elderly. Within computers and smart devices, it is already shaping society, defining who is given mortgages, released from prison or shown job opportunities. While AI holds the promise of solving some of society’s most pressing issues, it also presents challenges, such as inscrutable “black box” algorithms, unethical use of data and potential job displacement.
As AI becomes an imperative for business models across industries, corporate leaders will be required to identify the benefits this complex technology can bring to their businesses as well the concerns about the need to design, develop and deploy it responsibly. Striking the right balance will lead to sustainable businesses in the Fourth Industrial Revolution, but failing to operationalize it responsibly can damage brand value and risk customer backlash.
These toolkits provide practical tools that can help corporate executives understand AI’s impact on their roles, ask the right questions, understand the key trade-offs, and make informed decisions on AI projects and implementations.
The toolkits are designed to be aligned with the responsibilities and interests of boards of directors and C-suite leaders, addressing topics that are conventional to these positions, but also emerging areas of opportunity and concern. They also support companies in deciding whether and how to adopt particular approaches and in understanding the power of the technology to advance their business.
The toolkits are co-designed with AI experts and executive officers from diverse companies and industries to ensure they meet the needs of the user community, with input from relevant stakeholders to ensure the inclusion of diverse perspectives.