§8 · Lane 5 — AU AI Governance Frameworks & Academic Anchors

A Director's Guide to AI Governance (AICD / HTI)

AICD / HTI (2024) · AICD / HTI

Practitioner Tier 1 Lane 5 Stable URL
Read on publisher · Stable URL

Bibliographic data

Title
A Director's Guide to AI Governance (AICD / HTI, 2024)
Authors / Issuing body
Mark Rigotti MAICD (CEO and Managing Director, AICD); Professor Nicholas Davis MAICD (Co-Director, HTI at UTS)
Year
2024
Designation
Practitioner
Licence
Stable URL — refer to publisher for full licence terms.

How to cite

AICD / HTI (2024). A Director's Guide to AI Governance (AICD / HTI, 2024). https://www.aicd.com.au/risk-management/framework/ai-governance/a-directors-guide-to-ai-governance.html.

Joint AICD–HTI board-level framework for AI governance, structured as the "eight elements of safe and responsible AI governance" — the AU canonical board-readable AI governance reference, designed to sit alongside AS ISO/IEC 42001:2023 (operational standard) and the AU Government's mandatory guardrails work.

Why it matters for NETEVO

This is the single most directly usable artefact in NETEVO's substrate for AU listed and pre-listing leaders. The Australian Institute of Company Directors is the canonical AU professional body for directors, and a joint AICD–HTI publication is the form board-level AI governance content takes when it is written in directors' native vocabulary rather than vendor vocabulary. Three reasons follow.

AICD-authored, board-level framing. Whitepapers that cite A Director's Guide to AI Governance are operating in the language listed-company boards already use; whitepapers that do not are speaking past it. NETEVO citing this guide signals operating-at-board-level competence rather than retrofit consultancy framing.

The eight elements map onto AS ISO/IEC 42001 Annex A almost cleanly. Section 2 of the guide names eight elements of safe and responsible AI governance: roles and responsibilities; governance structures; people, skills and culture; principles, policies and strategy; practices, processes and controls; supporting infrastructure; stakeholder engagement and impact assessment; and monitoring, reporting and evaluation. These line up with the Annex A control families in AS ISO/IEC 42001:2023. The result is a board-readable spine for the forthcoming AI-Washing Audit whitepaper: AICD names the elements, AS ISO/IEC 42001 specifies the controls that operationalise them, and NETEVO shows what engineered controls look like versus paper policies.

Section 1.4 is titled "Traditional IT governance may not be fit-for-purpose for AI" — verbatim AICD position. The professional body of AU directors has formally stated that traditional IT-GRC frameworks do not work for AI governance. Governance content that retrofits IT-GRC tooling for AI now has to defend itself against an AICD-authored position to the contrary, and NETEVO's Law-to-Code Methodology positioning against retrofit-IT-GRC offerings becomes much easier to underwrite.

Where NETEVO applies this

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