Governance Policy
A formal document that codifies rules, roles, and procedures for AI development and oversight within an organization.
Definition
A written, binding directive—approved by senior leadership—that outlines permissible AI activities, approval criteria for new projects, incident-reporting protocols, and enforcement mechanisms. Policies are version-controlled, published to all stakeholders, and integrated into training programs. They serve as the legal basis for governance enforcement and are periodically reviewed for relevance.
Real-World Example
A telecom operator’s AI Governance Policy mandates: all customer-facing AI must pass bias and privacy assessments, developers must complete ethics training, and any data breach triggers a 24-hour incident-report. The policy is distributed to all data-science teams and enforced via automated pipeline checks.