How Boards Can Adapt in the AI Era
Artificial intelligence (AI) is here to stay. Is it time to change everything you know about how your board operates?
The question is a little facetious. But only a little. After all, AI has had a huge impact on most organizations' strategy agenda, and in at least one case an AI has a voting seat on a board. It's a source of anxiety for boards, regardless: According to a recent Deloitte survey, boards are spending more time discussing it, and a healthy 40 percent say AI "caused them to think differently about their boards' makeup."
Deloitte VP Michael Vad, in a follow-up piece, doesn’t argue that board structures need to be blown up—or, thank goodness, more populated with bots. But in his article "Why AI Demands a New Board Logic," he does insist that leaders have been much too slow to address AI's impact on their industry and organizations.
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