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Governance of AI: A Critical Imperative for Today’s Boards (2nd ed.)

This report takes the pulse of global boardrooms and reveals a growing awareness—but slow action—on AI governance. With only 5% of firms fully integrating AI into strategy, Deloitte urges boards to accelerate education, oversight, and alignment with strategic goals.
Governance of AI: A Critical Imperative for Today’s Boards (2nd ed.)

📌 What’s Covered

This is Deloitte’s second global pulse survey on how boards of directors are approaching AI governance. The data is drawn from 695 board and C-suite executives in 56 countries, covering both public and private firms of varying sizes. The report centers on five key themes:

1. AI on the Agenda — but Still Lagging

  • 31% of boards still don’t include AI in their agenda (down from 45%).
  • Only 17% address AI at every meeting.
  • One-third of respondents feel their boards are not spending enough time on the topic.

2. AI Knowledge Remains Low

  • 66% of boards report limited or no AI expertise.
  • While 59% of board members are seeking to self-educate, only 48% of boards offer formal AI training.
  • 10% are recruiting AI-savvy directors, but this is still rare.

3. Acceleration Needed

  • 53% of respondents say their organizations must speed up AI adoption.
  • Just 5% report that AI is fully integrated into operating plans.
  • 31% say their organizations are still not ready to deploy AI at all.

4. Cross-Functional Engagement

  • Boards mainly engage with CIOs (72%) and CEOs (52%) on AI.
  • Engagement with CFOs, CROs, and CISOs is growing but remains limited.
  • Deloitte calls for more consistent, enterprise-wide communication and cross-functional integration.

5. Strategic Oversight Questions for Boards

The report introduces a practical checklist for directors covering:

  • Organizational AI maturity
  • Strategy alignment
  • Risk appetite and monitoring
  • Governance structure and committee design
  • AI talent and board fluency
  • Performance metrics and accountability

💡 Why it matters?

AI governance is no longer optional for boards—it’s a fiduciary imperative. As organizations face growing regulatory pressure and societal expectations, boards need to be fluent in AI risks and opportunities. Deloitte’s report provides a wake-up call: many boards are behind the curve, and leadership without technical understanding won’t cut it. This report is especially useful for prompting board-level reflection, supporting strategic realignment, and embedding AI into enterprise risk management.

🔎 What’s Missing

  • Depth on regulatory alignment: While risk is acknowledged, there’s minimal discussion of how boards can align oversight with frameworks like the EU AI Act or ISO 42001.
  • Sector-specific insights: Aggregated responses are insightful, but board needs in finance vs. health vs. manufacturing differ significantly—more tailored takeaways would help.
  • Real boardroom case studies: The report relies heavily on survey statistics. Embedding real-world governance dilemmas or anonymized case studies could make the findings more actionable.

🏷️ Best For

  • Corporate board members and chairs seeking to add AI to the agenda.
  • Chief Risk Officers and Chief Governance Officers looking to prepare their boards.
  • Policymakers who need to understand the readiness gap at the board level.
  • Professional training bodies developing AI fluency programs for leadership.

🧾 Source Details

  • Title: Governance of AI: A Critical Imperative for Today’s Boards (2nd Edition)
  • Authors: Anna Marks (Chair, Deloitte Global Board), Lara Abrash (Chair, Deloitte US), Prof. Dr. Arno Probst
  • Publisher: Deloitte Global Boardroom Program
  • Date: February 2025
About the author
Jakub Szarmach

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