Link: https://cisr.mit.edu/publication/ai-savvy-boards-drive-superior-performance
From MIT CISR
Abstract:
MIT CISR research found that by 2024, 72% of large companies’ boards met CISR’s 2019 definition of “digitally savvy.” Only 26% of boards were savvy in cutting-edge AI and emerging technologies—which gave their companies a significant performance edge over peers. AI-savvy boards’ return on equity was 10.9 percentage points above the industry average, while companies with non-savvy boards lagged 3.8 points below. The research found that successful boards focus on strategy, defense, and oversight to manage digital complexity.
Publication date:
Publication type: Management Journal Article
Publication authors:
Peter Weill
,
Stephanie L. Woerner
,
Jennifer Banner
