To fully unlock AI’s potential, organizations should move beyond fear or complacency and embrace a framework that balances innovation with responsibility. Achieving this balance requires robust AI governance, seamless integration of risk management into existing processes, and a culture that values transparency, fairness and accountability. In this guest article, Pari Sarnot, a member of the cyber privacy and risk advisory practice at Grant Thornton Advisors LLC, offers a practical roadmap of key considerations for establishing an AI governance program, including the role of trustworthy AI and steps to take in the AI solution lifecycle development process. The views Sarnot expresses in this article are her own and do not represent those of current or previous employers. See our two-part series on the practicalities of AI governance: “AI Governance Gets Real: Tips From a Chat Platform on Building a Program” (Feb. 1, 2023), and “AI Governance Gets Real: Core Compliance Strategies” (Feb. 8, 2023).