ISO 42001 (A.I. Management Systems)
Controlling what happens in your business and the way the framework for decision-making and certain tasks is structured always makes a huge difference in how clients perceive you. This is usually up to the point of deciding to work with you or not for elements/aspects that you may have considered small. ISO Pros is a leading company that does not want you to omit important steps and miss out on bringing new clients and opportunities to your door. Hence, when certain standards and regulations knock on it, such as ISO 42001, you want to invest your time implementing them.
ISO 42001 is one of the newest additions in the industry and the main reason why you need compliance lies in how you can build trust.
Clients or people overall, rely more on companies that can prove where their decisions come from, based on what, and if there is someone who will be held accountable when facing consequences due to operations or mistakes made.
It is common sense aiming for a company that can actually offer responsibility and full support during its service or product deliveries. Hence, you want to be on the list of businesses others rely on compared to having other competitors taking on this.
ISO 42001 plays a key role in companies utilizing artificial intelligence as a tool, especially when an entire AI management system is in place. While its implementation is not the easiest, you can have it done while still complying with other regulations and standards in your industry.
As a result, it brings great support, alternatives, and a great framework that gives you more control over data, information that enters your database every day, and decision-making utilizing this information.
How ISO 42001 Shapes Your System
What worries most companies is if they will have to make too many changes to their AI management systems.
The answer cannot be boiled down to a “yes” or “no” only. It truly depends on the type of system you have established and how it operates around the tasks you have given it. For some, changes are minimal. For others, corrective actions are everywhere in order to fulfill regulations.
When you are just starting this process and even establishing the AI system while you work on your ISO 42001, it gets easier as you work through it. After all, building it from scratch is easier than having to make continuous changes for it.
That being said, ISO 42001 aims to change the way you handle accountability, explainability, security, and fairness in your decisions. This is why you need to have AI governance policies that are specific about what you give, what others get, and what happens if there are consequences caused by your AI system and the way it operates.
We can give you a clear walkthrough once you contact our team and work with us through the process. We will happily show examples and discuss how long and how much this would cost.
Feel free to contact us today and get your free consultation with ISO Pros.