Driving faster AI adoption by managing risks

Risk and compliance (R&C) leaders must ensure responsible AI use, transforming processes, and improving decision-making.

Key takeaways

  1. By supporting a responsible AI framework, R&C can facilitate secure scaling without hindering innovation.
  2. AI enhances the efficiency of risk processes and promotes dynamic, risk-based decision-making.
  3. R&C should prioritize high-value activities and emphasize collaboration between humans and AI for transformative change.

Source: https://www.bcg.com/publications/2024/managing-risks-to-accelerate-ai-transformation