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Suggested Board Priorities vis-à-vis Generative AI

By Randi Morrison posted 06-02-2024 06:21 PM

  

PwC’s new insight piece: “Key priorities for "early days" GenAI strategy” includes facilitating or encouraging management to undertake activities that promote the responsible use of generative AI (GenAI) in a way that is holistic and consistent with the company’s long-term strategies and risk profile.

Recommendations encompass adopting a responsible AI framework; alignment with the company’s digital strategy; creating an enterprise-wide GenAI committee to— among other things—information-gather and information-share, establish policies, and discuss business opportunities and risks; addressing expected productivity gains and workforce implications proactively and strategically; and evaluating opportunities for collaboration with service providers and others that are part of the company’s broader network.

Access additional resources on our Artificial Intelligence page.

                                This content first appeared in the Society Alert!

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