Question
What are the key components of an AI strategic plan?
The key components of an AI strategic plan include a clear vision and objectives, a detailed roadmap, a risk management plan, a technology assessment, a data strategy, a talent strategy, and a change management plan. The plan should also include a governance model and a measurement and evaluation framework.
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As risk management is such a critical part of AI deployment, your strategic plan needs to have the foresight to prevent and mitigate those risks. This risk analysis maps each AI strategy risk based on probability and impact. Document each risk's severity category, its risk type (which can be reputational, financial, operational, competitive, and governance), and its priority level.
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