But how useful is the concept of ‘good governance’; how well can it be defined, and to what purpose? As part of a wider project considering the governance of drug policy, RAND Europe and the UK Drug Policy Commission undertook a targeted review of other research and sought expert views,...
The same institution adds that ‘although there is no international consensus on the definition of “good governance”, its meaning could encompass the following characteristics: full respect for human rights, the rule of law, effective participation, multi-stakeholder partnerships, political pluralism, ...
All organizations have some kind of corporate governance but this does not necessarily mean that it is appropriately designed or implemented. Every firm must state clearly who owns the ultimate authority and how that is implemented.In general, the Board of Directors is the body in charge of guara...
Governance is often thought of as something that is primarily of interest to investors, but it is just as important to staff. Good governance is key to retaining the best talent, which, in turn, impacts the long-term value of the company. How the organisation is run—from internal hierarc...
While AI tools present a range ofnew functionalities for businesses, their use raises significant ethical questions. For better or worse, AI systems reinforce what they have already learned, meaning that these algorithms are highly dependent on the data they are trained on. Because a human being ...
Machines—smart machines at that—are now just an ordinary part of our lives and culture. Those smart machines are also getting faster and more complex. Some computers have now crossed the exascale threshold, meaning they can perform as many calculations in a single second as an individual ...
(1995), "What donors mean by good governance: Heroic ends, limited means and traditional dilemmas of development cooperation", IDS Bulletin 26(2): 9-16.Nunnenkamp, Peter, 'What Donors Mean by Good Governance: Heroic Ends, Limited Means, and Tradtional Dilemmas of Development Cooperation', ...
Definition and meaning ESGstands forEnvironmentalSocial andGovernanceand refers to the three key factors when measuring the sustainability and ethical impact of an investment in a business or company. Most socially responsible investors check companies out using ESG criteria to screen investments. ...
Depending on your definition of AGI, they might even be capable of consciously grasping the meaning behind what they’re doing. The timing of AGI’s emergence is uncertain. But when it does arrive—and it likely will at some point—it’s going to be a very big deal for every aspect of...
AI governance consulting services Prepare for the EU AI Act and establish a responsible AI governance approach with the help of IBM Consulting®. Footnotes 1“SR 11-7: Guidance on model risk management.”, Board of Governors of the Federal Reserve System Washington, D.C., Division of Banking...