AI Leadership for Corporate Boards: Leading Responsible AI for Value Creation

By 2030, AI is expected to contribute $15.7 trillion to the global economy. However, corporate boards are increasingly struggling to respond to this systemic change. As AI increasingly influences business strategies and operations, board members and executives must ensure that their organization is using AI responsibly and effectively to maximize value and mitigate risks. Building on research conducted on some of the leading Nordic multinational companies, this book presents the Boards 4AI Leadership Matrix, a practical framework designed to guide and oversee AI capabilities at the board level. A special focus is placed on AI's complexities, ethical best practices, and sustainable growth. By equipping leaders with the necessary tools and knowledge, this book gives board directors the tools to make informed decisions that align with corporate governance standards and societal expectations.