Argüden Governance Academy and TÜSİAD host a meeting on AI for Boards

Argüden Governance Academy and TÜSİAD host a meeting on AI for Boards
Date: 16.2.2024 12:00

Global thought leaders of good governance are joining the celebration of the 10th anniversary of the Argüden Governance Academy. First of the “A Decade on the Journey towards Governance Excellence” Seminars organized by the Academy was hosted by TÜSİAD on February 14th, with the theme “Board of Directors and Artificial Intelligence”. Senior executives from the leading companies of Türkiye attended the Seminar. The keynote speaker was Prof. David R. Beatty, Advisory Board Member of Argüden Governance Academy. The Academy will continue this series of Seminars throughout 2024 as video webinars in collaboration with Harvard Business Review Türkiye. The speakers include such governance leaders as Mervyn E. King, Sir Mark Moody Stuart, and Paul Polman.

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The opening speeches of the physical event hosted by TÜSİAD were delivered by Orhan Turan, Chairman of the Board of TÜSIAD, and Dr. Yılmaz Argüden, Chairman of the Board of Trustees of Argüden Governance Academy.
 
Orhan Turan, who was re-elected as the president of TÜSİAD for the 2024-2025 term, refreshing the trust, pointed out in his speech that the technological transformation triggered by artificial intelligence is a strategic agenda for Turkish industries and senior managers of companies. He expressed his appreciation to Argüden Governance Academy for “Artificial Inteligence and Board of Directors” Meeting which is very timely and useful in the development of Türkiye.
 
In his opening speech, Dr. Argüden stated that “Argüden Governance Academy was founded 10 years ago with the goal of ‘improving trust in institutions through good governance’.  The pioneering research and education programs developed by the Academy to improve quality of life and build a sustainable future are recognized by global institutions such as UN, G20, OECD, Council of Europe, and IFRS. The Academy’s work targets public, private, and civil society organizations, as well as children and youth leaders to help build a culture of trust.”
 
BoDs and AI Presentation
 
After the opening speeches, Prof. David R. Beatty called Artificial Intelligence as an upcoming tsunami. He said that to cope with this tsunami, it must become a strategic priority for boards of directors and top management. Beatty also shared companies’ experiences that are rapidly reshaping their industries by adopting artificial intelligence to the way of doing their business.
Prof. David R. Beatty
 
Prof. Beatty, who contributed to the “Good Corporate Governance Certificate Program” conducted by Argüden Governance Academy in collaboration with IFC for senior executives, expressed his pleasure to see many executives who graduated from that program in 2018, again at this seminar. Prof. David R. Beatty is a recipient of the 'Officer of the Most Excellent Order of the British Empire' award and the 'Lifetime Achievement' Award from the International Corporate Governance Network (ICGN).  He has served on the Boards of over 35 companies.
 
About Argüden Governance Academy
 
Argüden Governance Academy is a non-profit foundation dedicated to enhancing governance quality in the public, civil society, private sector, and international institutions. The Academy’s mission is to improve the quality of governance to increase trust for organizations in order to achieve a sustainable future and improve the quality of life. With the vision of being a center of excellence’ for development and widespread adoption of good governance culture, the Academy brings together leaders from all age groups, private sector, civil society organizations, public institutions, and international organizations.
 
Since 2014, the Academy has completed a decade of impactful initiatives, striving to foster the development and widespread adoption of a culture of trust at public, private, and civil society organizations.
 
In its 10-year journey, the Academy, fostering trust in institutions through a holistic and integrated governance approach, has:
 
  • Organized more than 100 training programs, graduating approximately 6,000 individuals.
  • Evaluated the governance quality of around 1,500 institutions in 25 projects.
  • Published over 100 publications, reports, and articles that intellectually guide the development of governance.
  • Engaged with over 100,000 individuals through more than 350 events, contributing to the internalization of the culture of good governance in both individuals and institutions.
  • Enhanced the value created by collaborating with over 350 institutions active in every sector.
  • Leveraged in-kind contributions to the maximum extent, utilizing every 1$ of cash donation to raise a 1.5$ in-kind contribution. This approach enabled the implementation of activities with an economic cost of 2.5$ for each 1$ of donation.
  • Benefited from the support of hundreds of volunteers who, believing in the importance of good governance for a sustainable future, contributed over 35,000 volunteer working hours to the Academy's initiatives.
 
The Academy conducts impact research such as Sustainability Governance Scorecard©, Municipality Governance Scorecard©, and develops Local Development Guides, Integrated Municipality Governance Model©, as well as developing and conducting education programs for public, corporate, and NGO leaders. Academy’s education programs also target children and youth, and a vibrant Youth Network has been developed covering 40 universities in over 20 cities.
 
The Academy also conducts good governance advocacy programs such as leading the process of awarding the European Label of Governance Excellence (ELoGE) and School on Participatory Democracy, in collaboration with international organizations such as the Council of Europe.
 
Argüden Governance Academy is the first Turkish institution to adopt Integrated Reporting and a global pioneer among the NGOs by reporting its activities as an Integrated Report since its founding. The Academy also promotes adoption of Integrated Reporting in the public sector and NGOs.

YEREL HABERLER

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