Ultimate accountability with the senior executive: Which allocation of roles best satisfies all three of the
Single-point executive accountability, committee-level risk decisions, and owner-level documentation upkeep satisfy all three stated expectations.
The question
A company stands up an AI governance program. The board wants ultimate accountability to rest with one senior executive, day-to-day model-risk decisions to sit with a cross-functional committee, and each individual model owner to remain responsible for that model's documentation. Which allocation of roles best satisfies all three of the board's expectations?
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- Ultimate accountability with the senior executive, model-risk decisions with the cross-functional committee, and documentation upkeep with each individual model owner. ✓Correct: this matches all three constraints, with single-point executive accountability, committee-level risk decisions, and owner-level documentation duties.
- Ultimate accountability with the cross-functional committee, model-risk decisions with each individual model owner, and documentation upkeep with the single senior executive.Plausible but wrong: accountability should rest with one executive, not a committee, and an executive does not maintain per-model documentation.
- Ultimate accountability with each individual model owner, model-risk decisions with the senior executive, and documentation upkeep with the cross-functional committee.Plausible but wrong: it disperses accountability to owners and centralizes routine risk decisions in one executive, inverting the board's design.
- Ultimate accountability with the senior executive, model-risk decisions with each model owner, and documentation upkeep with the cross-functional committee.Plausible but wrong: only accountability is placed correctly, while risk decisions belong to the committee and documentation to the owners.
The trap
Believing accountability can be assigned to a committee rather than a single identifiable person. How to remember it
Single-point executive accountability, committee-level risk decisions, and owner-level documentation upkeep satisfy all three stated expectations.
How many of these would you get right?
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Every answer, right and wrong, comes with its own explanation.