DDN Releases Comprehensive Guide for Corporate Directors on AI Oversight
Digital Directors Network (DDN) has released a new guide to help corporate directors strengthen their oversight of AI systems, ensuring better governance and value creation.
DDN Releases Definitive Guide for Corporate Directors on AI Oversight
Digital Directors Network (DDN), a global leader in strengthening boardroom oversight of AI, digital, and cybersecurity systems, has released a new guide to help corporate directors navigate the complexities of AI governance. The guide, titled 'Definitive Corporate Director Guide on AI Boardroom Effectiveness: What Shareholders Want,' is the first of its kind, providing standards and leading practices for effective AI oversight.
Empowering Corporate Directors
Bob Zukis, Founder and CEO of DDN, emphasized the importance of this guidance: “Investors need corporate boards that are actively governing the opportunities and risks of AI systems. DDN's guidance gives corporate directors a blueprint to meet their AI leadership moment.”
The guide is designed to empower corporate directors by providing them with the knowledge and tools to understand and govern complex AI technologies. Fay Feeney, an advisory board member at DDN, added, “The debate is over, boardroom leadership and director AI, IT, and cybersecurity expertise have won. Who better to solve the challenges facing corporate boards on these issues than forward-thinking corporate directors and the IT and cybersecurity leaders whose very innovations have created these new business opportunities but at the expense of many unique risks.”
Creating Business Value
Karen Higgins-Carter, Chief Technology and Digital Officer and Independent Director, noted, “Governing the opportunities and risks of AI calls for a thoughtful evolution in boardroom leadership. This report is offered as a resource to support fellow directors in navigating this pivotal AI leadership moment.”
Evidence demonstrates that high-performing corporate boards significantly enhance business value when they effectively oversee AI and IT systems. DDN has been leading the corporate governance community since 2017, developing the practice and profession of AI, digital, and cybersecurity governance.
Addressing Investor Concerns
Zukis further explained, “We've talked to and heard from institutional investors, and they have realized that they are the ones who bear the lost opportunity costs and negative financial impacts due to weak oversight of these technologies. Our work at DDN is focused on helping corporate boards help themselves by curating, creating, and educating them on the standards and leading practices that work to strengthen the board as a material leadership control over these complex systems.”
The guide is available on Amazon or for DDN members online. It reflects leading AI standards from ISO, NIST, and DDN's GOMER framework for governing AI risk. The guide will help directors understand and implement policies and procedures to address investor concerns and govern AI systems being deployed throughout their organizations, ensuring safe and secure navigation into the AI-driven future.
Upcoming Webinar
A LinkedIn live webinar will be held on June 30 at 9 AM PT to introduce the standards and leading practices shaping how corporate directors are effectively governing AI systems.
Contact Information
Bob Zukis
DDN LLC
+1 310-528-9945
Visit us on social media:
[LinkedIn](https://www.linkedin.com/company/ddnllc/)
Frequently Asked Questions
What is the main purpose of DDN's guide for corporate directors?
The guide aims to help corporate directors strengthen their oversight of AI systems, ensuring better governance and value creation for companies and shareholders.
Why is it important for corporate directors to understand AI systems?
Understanding AI systems is crucial for corporate directors to effectively govern the opportunities and risks associated with these technologies, ensuring the company's long-term success and investor confidence.
How does effective AI governance benefit businesses?
Effective AI governance helps businesses create significant value, enhance operational efficiency, and mitigate risks, leading to better financial performance and stakeholder satisfaction.
What standards does the guide reflect?
The guide reflects leading AI standards from ISO, NIST, and DDN's GOMER framework, providing a comprehensive set of guidelines for governing AI risk.
How can corporate directors access the guide?
The guide is available for purchase on Amazon or for DDN members online, and a LinkedIn live webinar will be held to introduce the standards and practices covered in the guide.