Governance, Risk & Compliance

Artificial Intelligence Management Systems

AI Governance using ISO 42001

Focused on promoting the responsible, transparent and ethical adoption of AI, providing guidance for implementing a strategic AI Management System within your organisation.

Mitigate the risk of deploying AI tools

The first key steps every leader should take when forming an AI strategy:

1. Start with Purpose: Your AI strategy must amplify your mission, not dilute it.

2. Address the Human Element: AI I should enhance human potential, not replace it.

3. Start Small: Pilot AI in one area, measure, learn, and iterate before scaling.

Key benefits of Implementing an AIMS

Enhanced Data Security

ISO 42001 provides a structured AI risk management strategy for identifying, assessing, and mitigating security risks associated with AI technologies and data security

Improved Risk Management

By implementing an AIMS, organisations can better identify potential risks, develop risk mitigation strategies, and ensure AI regulatory compliance with AI safety and governance

Increased Staff Trust

ISO 42001 certification demonstrates a commitment to responsible AI best practices. This can enhance confidence in organisational AI systems, leading to improved reputation

Our approach to Strategic AI Adoption

  1. AI Governance: Establish an AI governance structure. This includes defining roles, responsibilities and decision-making processes for the deployment and monitoring of AI systems. 

  2. Risk & Impact: Assess the risks and impacts associated with AI tools and implement controls to mitigate those risks.

  3. Transparency: An effective AIMS emphasises the need for transparency and explainability in AI systems.

  4.  When Working with Aspire Sharp, organisations can build trustworthy and responsible AI management practices that bring true benefits to your organisation and stakeholders

    Does this sound like you? Book a FREE 45-min consultation today!

What is ISO 42001?

ISO 42001 is an international standard that provides a comprehensive framework for establishing, implementing and maintaining an Artificial Intelligence Management System (AIMS) within a Business or Government entity. 

This standard is designed to ensure the responsible development, deployment and operation of AI systems while addressing key aspects of strategic AI implementation such as risk management, ethical considerations, transparency and continuous learning.

By adopting ISO/IEC 42001, organisations can demonstrate their commitment to ethical AI practices, enhance their risk management capabilities and build trust with stakeholders at all levels.

Article: ISO 42001 - The Gold Standard for Responsible AI Adoption

Advantages of Implementing an AIMS with ISO 42001

Accountability and responsibility:

  • Promotes ethical and responsible use of Al systems

  • Allows organizations to demonstrate responsibility and accountability regarding their role with Al systems

  • Helps organizations align Al usage with objectives and stakeholder expectations

  • Provides evidence of adherence to ethical and legal Al standards and obligations

  • Aids in avoiding potential negative consequences of Al

Improved decision-making:

  • Provides specific management requirements for non-transparent and non-explainable Al decision-making

  • Enhances informed and accountable decision-making processes

  • Ensures transparent and responsible use of Al in decision-making

Continuous learning:

  • Addresses the unique challenges of Al systems that continuously learn

  • Requires special consideration to ensure responsible and safe use as Al behavior changes

  • Helps organizations adapt to evolving Al behavior effectively

Commitment to trustworthiness:

  • Ensures Al systems are designed and deployed with a strong emphasis on trustworthiness

  • Addresses critical factors such as security, safety, fairness, transparency, and data quality

  • Builds and maintains confidence in Al systems, essential for user acceptance and regulatory compliance

  • Reduces the risk biased or unfair Al outcomes, enhancing equity and fairness in Al applications

  • Encourages responsible and transparent development, deployment, and operation of Al systems

AI Adoption Services

  • Strategic Enablement

    Evaluate your current business posture for adopting AI tools. This service can provide strategic AI formulation, AI literacy checks, discover AI use cases or build a roadmap for your AI Strategy

  • AI Management Systems

    Based on 7 criteria from ISO 42001, we provide a framework for establishing, implementing and maintaining an AI Management System within the context of your organisation

  • AI Tool Implementation

    Encapsulating both AI Readiness and Governance Framework, we will implement the AI tool of your choice following relevant use-case analysis. Prepare for your business to skyrocket!!

Discuss the AI vision for your organisation. In this session we will cover:

  • Understanding the Types of AI

  • Discuss Top 5 risks to AI Adoption

  • Define your vision for an AI Strategy

  • Define AI stakeholders in your Org

  • Discuss use cases and Next Steps

Ready to take the first step?

Get in touch for a free 45-min consultation.