Description:
Why Every Corporate Leader Needs This Book to Master AI Governance
AI is reshaping industries faster than most leadership teams can adapt. Companies with strong digital and AI capabilities are outperforming peers by two to six times in Total Shareholder Return. The gap is widening as leaders compound their advantages, making it increasingly difficult for others to keep pace. Without proper governance, directors expose their organizations to costly failures. AI in the Boardroom equips leaders with the frameworks and tools to harness AI's potential responsibly, drive innovation, and avoid costly missteps.
This book provides:
- An essential guide to the twelve foundational AI techniques with real-world commercial applications that board members need to understand.
- Insight into why most companies are not AI-ready due to immature data governance, along with actionable strategies to close this critical gap.
- A comprehensive AI governance framework that addresses AI-specific risks, which often fall outside the scope of traditional ERM frameworks.
- Real-world use cases to inspire how AI can drive innovation and competitive advantage, showcasing the art of the possible for your organization.
This is a must-read for directors, C-suite executives, and governance leaders committed to unlocking AI's potential. Lead your organization with confidence, leveraging AI for growth while ensuring a solid governance foundation.
Brief description:
Tom Petro brings decades of boardroom leadership and strategic insight to artificial intelligence, drawing from his experience as a CEO, corporate director, and venture investor. As managing partner of 1867 Capital Partners, he oversees investments in bioinformatics, fintech, and tech-enabled services. Tom has led two public and two private companies, including a NASDAQ IPO.
Tom chairs the Risk Management and Trust committees at Univest Financial Corporation (NASDAQ: UVSP) and serves on the boards of Fintegra, Derstine's Inc., and the NACD Philadelphia chapter. He also helps global firms launch venture studios as a board member-in-residence for Mach49. Tom's AI expertise is demonstrated through his directorships with companies commercializing AI in life sciences, legal, insurance, and financial services. His articles on AI governance have appeared in Directors & Boards and NACD's Directorship magazine, and he is a frequent panelist. He holds a BS in Business Management from Point Park University and a CERT Certificate in Cybersecurity Oversight from Carnegie Mellon.
Review Quotes: This book is essential for every governance professional to understand the capabilities, risks and associated governance requirements of AI. Tom takes a pragmatic, no-nonsense approach to explaining in detail the various capabilities and associated risks while providing practical governance guidance for boards and leadership. This is an easy-to-use reference guide for all of us wading through the massive changes and responsibilities.--Suzanne Keenan, Board Chair-elect, The North American Electric Reliability Corporation, Retired CIO, Wawa Inc., Director, Univest Financial Corporation