Aligning AI Governance with Other Internal Governance Models for Trustworthy AI: “The Convergence of Governance Frameworks”

Enhancing and operationalizing automation processes and controls for trusted AI requires an effective method for understanding the business problem AI is attempting to solve and defining the underlying objectives of the governance and risk management framework. Once the underlying objectives have been defined and socialized, you can identify common controls that can be shared across your business units or lines of business (LOBs). Based on my 25 years of experience in Governance, Risk, and Compliance management, an effective AI Governance strategy requires a deep and wide approach, capturing the adjacent and interoperable Governance Models and Processes within your organization. Hence, this chapter is based on the “The Convergence of Governance Frameworks.”