Generative AI Governance: Navigating the Future of Business
The rise of generative artificial intelligence (GenAI) has brought both opportunities and challenges to the forefront of business management.
Understanding the Enterprise GenAI Governance Framework
Boomi™ and the Connor Group have developed the Enterprise GenAI Governance Framework. Learn more
The framework, developed with input from over 1,000 business leaders and academics, offers a comprehensive methodology to assess AI readiness and manage enterprise risks.
Jeff Pickett, Chair and Founder at Connor Group, emphasizes the importance of a smart AI adoption strategy that includes underlying controls, data, and processes.
Implementing the Framework
The GenAI Governance Framework offers customizable guidelines for companies of all sizes, empowering governance professionals to address high-priority exposures proactively.
Boomi’s Chief Audit and Risk Officer, Waseem Samaan, underscores the framework’s dual design: a one-page summary for boardroom discussions and detailed controls for practical implementation.
The framework helps companies evaluate their compliance and maturity, allowing identification of strengths and areas for improvement.
Leveraging the GenAI Governance Framework Maturity Model
Complementing the GenAI framework, the GenAI Governance Framework Maturity Model, developed by David A. Wood, Scott A. Emett, and Marc Eulerich, offers businesses a tool to evaluate and enhance their current governance practices.
The maturity model and Connor Group’s consulting services help companies strategically plan for future improvements and identify areas for strengthening AI governance.
David A. Wood highlights the framework and maturity model’s role in preparing organizations to harness AI benefits while managing risks effectively.
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