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Our Risk Practice Leader, Hauke Schupp, shares key insights from a recent Stanton Chase fireside chat on "AI Readiness." In this detailed summary, Hauke covers crucial aspects such as AI strategy, governance, talent management, and data strategies. Here are four critical takeaways: 1. Understand Your Strategy and Application of AI 2. Understand Your Organization's Capabilities 3. Implement AI Governance to Avoid Unnecessary Risks 4. Recognize the Existence of Shadow AI These insights are essential for C-Suite executives and Board members looking to leverage AI effectively while managing associated risks. Dive deeper into these takeaways and more in our latest blog post. Click the link below to read the full article and access the recording of the panel discussion: https://lnkd.in/eE9gip9S #AIReadiness #AIStrategy #RiskManagement #Governance #CLevelInsights #ClarendonPartners

The team at Clarendon Partners wishes you and your organization a day full of happiness and celebration this 4th of July. This Independence Day, we are reflecting on the true meaning of freedom—the opportunity to do what is right. Happy 4th of July!

New article: https://bit.ly/3ySTKnO - Why do many transformations fail? Neglecting the human element. Our second article in the three-part series on 'Adoption Science' shares evidence-based strategies to improve technology adoption. #DigitalTransformation #AdoptionScience #ChangeManagement #SuccessAssurance 

New Article: https://lnkd.in/eWKuZSts - Is your organization prepared for the governance challenges of AI? 75% of employees use AI at work according to CFO.com. Our latest article demonstrates the importance of robust AI governance to enforce permissible use, manage third-party risks, and stay ahead of evolving regulations. Follow Clarendon Partners on LinkedIn for more insights like this. #byoai #ai #aigovernance #risk #aicompliance

New article: https://bit.ly/4c10m1C - Every asset manager wants a perfect front-to-back solution yesterday. Unfortunately for them and their outsourced asset servicing providers, perfection is not yet attainable. Cost pressures, geopolitics, myriad data sets, and increasingly complex asset classes will keep this challenge front-and-center for any key participant in the investments lifecycle. Asset management excellence depends on key factors in front-to-back models including overcoming challenges in data quality, customization, and more. #AssetManagement #FrontToBack #InvestmentOperations #AssetServicing

Our recent executive roundtable 'Beyond Digital: Future of Enterprise Transformation' featured spirited perspectives from Financial Services leaders on the front-lines of transformation. Here are the top 5 takeaways from the group on the future GenAI landscape: 1. AI is the Future:  Broad consensus that GenAI is the next big thing driving enterprise transformation in Financial Services; fundamental break from prior generations like ML/RPA 2. Governance is Essential: Think of it as needing a "traffic cop" to manage wide variety of emerging use cases effectively 3. New Structures Needed: New roles, organization, and policies are needed for GenAI, especially concerning third-party risk 4. Talent Gap: The biggest gaps are in critical thinking, understanding the big picture, and adopting an architectural perspective 5. GenAI as a "Baby Tiger": GenAI is currently manageable but has the potential to become powerful and challenging to control #Transformation #AI #Governance #Innovation #GenAI Thank you all for your valuable insights! Stephanie Woerner, Agustin Stengel, Lynne Smith, Greg Baxter, Ellyn Charters Zarracina, Dylan Jaffee, John Napoli, Cristina - Victoria Gaginsky, Maria Debora Ridner, John Boochever, Elisabeth Marshall, PMP, Patrick Leonard, Michele Hoffman

In honor of all who have served, Clarendon Partners wishes everyone a safe and happy Memorial Day 2024. #memorialday2024 

Last week, Clarendon Partners had the pleasure of hosting "Beyond Digital: The Future of Enterprise Digital Transformation." We were honored to feature Stephanie Woerner, Principal Research Scientist and Director at the MIT Sloan Center for Information Systems Research (CISR), who presented key insights from her groundbreaking research to kickoff a roundtable discussion. We thank all participants for their engagement and contributions, making the event a success. At Clarendon Partners, we are dedicated to fostering innovation in digital transformation. Stay tuned for more events and discussions! #DigitalTransformation #Innovation #Leadership