Navigating the New ISO/IEC 42001 Standard for AI Management Building Ethical, Accountable, and High-Performance AI Systems

Executive Summary As AI continues to transform industries, ISO/IEC 42001 emerges as a pivotal framework for ensuring responsible AI management. This global standard offers a structured approach to developing, deploying, and governing AI solutions, emphasizing ethical considerations, risk mitigation, and continuous improvement. In this article, we explore the key themes of ISO/IEC 42001, its implications for businesses, and how AI Consulting Group can support organizations in achieving compliance while maximizing the value of their AI initiatives. Introduction Artificial Intelligence is reshaping how organizations operate, from automating workflows to personalizing customer experiences. However, alongside AI’s rapid expansion comes an urgent need for clear guidelines that prioritize ethics, security, and reliability. ISO/IEC 42001 is designed to address these requirements. By following its directives, businesses can gain stakeholder trust, mitigate risks, and ensure that AI...