AI Council

When organizations face periods of rapid change, they often seek external perspectives to support strategic decisions, governance, and implementation. The current and projected pace of AI evolution has led many enterprises to establish an AI council for this purpose.

These innovation initiatives can take different forms depending on the organization, but they typically include internal business decision-makers along with external executives who contribute advanced experience and new perspectives.

Emerging capabilities in areas such as machine learning and LLMs/GenAI can influence business operations in ways that were not previously feasible. Organizations may choose to incorporate these capabilities to support their evolution, or let competitors adopt AI and advance faster.

If the AI council provides board support, its responsibilities may focus on strategy and governance. As the initiative becomes more operational, the council’s scope can extend to implementation. Feedback mechanisms are recommended to enable practical information sharing across all levels of the organization.

The AI council’s influence may be reflected in areas such as vision development and strategic alignment, risk identification and ethics oversight, and the overall acceleration of responsible AI adoption with effects on business operations and enterprise value.

Elaxtra Advisors is an M&A and value-creation advisory firm that assists institutional investors, private equity-owned platforms, and strategic acquirers invest and create value in worldwide technology services companies. Please contact us to explore potential partnerships.