Episode 1 - AI Governance and ISO 42001.

What Every Business Leader Needs to Know Artificial intelligence has rapidly evolved from an emerging technology into a core component of business operations. As organizations increasingly rely on AI to support decision-making, automate processes, and enhance products and services, executives face a new challenge: how to govern AI responsibly while continuing to innovate. In this inaugural episode of Compliance 360, host Bernie Welch is joined by AARC-360 AI governance specialists Adam Thompson and Rashmi Mishra to discuss the growing importance of AI governance and the emerging role of ISO/IEC 42001, the world's first certifiable Artificial Intelligence Management System (AIMS) standard. The discussion explores who should consider ISO 42001, how organizations can begin implementing AI governance, the relationship between ISO 42001 and the NIST AI Risk Management Framework, and the practical challenges organizations are encountering as they adopt AI technologies. The panel also discusses how AI governance can become a competitive differentiator by strengthening customer trust, supporting vendor risk management, and preparing organizations for evolving regulatory expectations. Whether your organization is developing AI solutions, embedding AI into products, or simply using AI tools internally, this episode provides practical guidance for building responsible AI governance and preparing for the future of AI assurance. Key Takeaways AI governance is rapidly becoming a business leadership issue—not just a technology issue. ISO/IEC 42001 is the first internationally recognized certifiable AI management system standard. The standard applies to organizations that develop, integrate, or simply use AI. Effective AI governance begins with understanding where AI is used throughout the organization. Existing governance and risk management processes can often be extended to incorporate AI rather than rebuilt from scratch. ISO 42001 complements the NIST AI Risk Management Framework by providing an auditable management system. Organizations that implement AI governance early may gain competitive advantages in procurement, customer trust, and regulatory readiness. Responsible AI requires transparency, accountability, human oversight, and ongoing monitoring. Podcast Show Notes In this episode Artificial intelligence is transforming every industry—but with innovation comes new governance responsibilities. Bernie Welch is joined by Adam Thompson and Rashmi Mishra to discuss how organizations can establish responsible AI governance using ISO/IEC 42001. Topics include: Why AI governance matters What ISO 42001 is Who should pursue certification AI risk assessments Relationship to the NIST AI Risk Management Framework Common implementation challenges Business benefits of certification The future of AI governance Featured Speakers Bernie Wedge Podcast Host | AARC-360 Adam Thompson Senior Manager | ISO Lead Auditor | AARC-360 Rashmi Mishra Senior Consultant | ISO Lead Auditor | AARC-360