Report
Board oversight of GenAI
KPMG’s *Board Oversight of GenAI* report emphasizes the board’s vital role in guiding generative AI adoption. As companies move from experimentation to enterprise integration, boards must ensure governance, data quality, and risk mitigation. Key risks include data inaccuracy, cybersecurity, privacy, compliance, and IP issues. The report highlights the need for cross-functional leadership, robust guardrails, and transparency. It advises boards to evaluate GenAI’s strategic fit, investment impact, and talent readiness. Effective oversight involves scenario planning, understanding deployment status, and challenging management to pursue innovation while safeguarding against evolving risks.