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Designing a Responsible AI Program? Start with this Checklist

Harvard Business

The results are predictable: inefficient and difficult-to-scale efforts at managing AI’s ethical, reputational, and legal risks; wasted resources; and slowed innovation. 6) How will the program harmonize with other enterprise priorities? 4) Have you trained the people responsible for overseeing its implementation?

Ethics 217
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Simple Ethics Rules for Better Risk Management

Harvard Business

But as more organizations fall prey to complex intangible risks, from unwanted disclosure due to rampant cyber threats to breaches of conduct driven by skewed incentive systems, the aperture of risk management is expanding from protecting the balance sheet to promoting ethical leadership and values-based decision making.

Ethics 129
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Flourishing in a Social Enterprise World

Tom Spencer

Rise of Social Enterprise. The growing trend towards social enterprise could be a game changer. A social enterprise, in essence, is an organisation which is not run primarily for profit and is required to reinvest any profits to further its social aims. A world based on social enterprise may be closer than you think.

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5 Signs Your Organization Might Be Headed for an Ethics Scandal

Harvard Business

Corporations often approach ethics as an individual problem, designing oversight systems to identify the “bad apples” before they can turn the organization into a “rotten barrel.” And our explanations for ethical scandals are incomplete without a focus on group dynamics. Vince Streano/Getty Images.

Ethics 130
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Sustainability: The Growing Importance of ESG Metrics

Tom Spencer

Governance Metrics: These assess the quality of a company’s leadership, executive compensation, and adherence to ethical standards. Starbucks, with its commitment to ethical sourcing and community engagement, has cultivated a loyal customer base that values sustainability.

Metrics 78
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AI Isn’t Ready to Make Unsupervised Decisions

Harvard Business

Today’s algorithms still largely lack empathy, ethics, and the ability to see the bigger picture.

Ethics 224
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What CEOs Need to Know About the Costs of Adopting GenAI

Harvard Business

Additionally, CEOs need to be vigilant about often overlooked expenses, including infrastructure overhaul, data security, and ethical considerations. Integrating cost control into decision-making processes, utilizing comprehensive monitoring dashboards, and empowering teams through strategic talent management are indispensable strategies.

Ethics 249