AI & Vendor Risk for Execs & The Board

AI & Vendor Risk for Execs & The Board

Essentials for Knowledgeable Discussions and Making Well-Informed Decisions.

AI should be a part of every company’s strategy given the enormous benefits in nearly every area of the enterprise. However, AI is moving faster than the speed of thought and keeping up with this dynamically evolving game-changing technology can be difficult at best.

Are you jumping in with both feet out of fear of missing out or are you taking a well thought-out approach as to where and how it can be leveraged within your company? Making knowledgeable, informed decisions mitigates multiple dimensions of risk and helps you avoid a money pit and reap the benefits AI offers.

Knowing what to ask and what the answers mean is the first step to building a strong foundation and a go-forward AI strategy that will reap benefits in the years to come. This course will help you:

• Build your AI knowledgebase and vocabulary
• Engage staff and vendors in intelligent discussions
• Become aware of the multiple dimensions of complex risks AI presents
• Understand the hidden costs of implementing AI technology and AI solutions

Web-based, self-paced eLearning course.

Course: 4 chapters

Audience: Senior Executives and Board Members

Time Required: Approximately 3 hours

CPE Eligible: 7 CPE credits (based on 1 credit per 50 minutes)

Cost: $799.00 per person (introductory pricing)

Course Materials: Companion Documents

Post-course:

• AI & Vendor Management Certificate
• 1 year free telephone/email support

COURSE GOALS

Knowledgebase: Build your AI vocabulary, knowledgebase and skillsets, and impart the confidence you need to have well-informed meaningful AI discussions with your team, management, and your vendors before you take the AI plunge.

Benefits and Risks: Understand the advantages of implementing AI but also be aware of the cost of AI and the multiple dimensions of risk the technology presents. Is there Transparency, Accountability, and Explainability?

Strategic Alignment: Ensure that your strategic objectives align with the capabilities and direction of your vendors.

AGENDA

Chapter 1 – Artificial Intelligence: this chapter discusses the following:

• What AI Is and, just as important,What It Is Not
• AI Types & Technologies
• Use cases
• Benefits and Risks of Artificial Intelligence

Chapter 2 – AI & My Vendors:

• Questions that need to be asked
• Benefits & Risks
• Performance and Scalability issues
• Hidden Costs and Total Cost of Ownership

Chapter 3 – AI Agents and Agentic AI: Agentic AI is a true game-changer that is affecting life as we know it. This chapter covers:

• Definitions
• Examples and Comparisons
• Benefits and risks of AI Agents and Agentic AI

Chapter 4 – Governance: Where would we be without Governance? Without tone from the top, it’s difficult for any program to succeed. This chapter covers:

• Governance Defined
• AI Governance Components and Principles
• AI Model Governance Components and Principles
• AI Policy