AI Guide For Boards in Singapore

AI GUIDE FOR BOARDS IN SINGAPORE

Section V: Organisational Resilience and Capability

Chapter 11: Talent and Technology Sustainable AI adoption requires a strong orchestration of people, governance and technology.

Boards play a critical role in ensuring that organisations develop the talent and capabilities necessary to deliver value responsibly.

Organisations rarely succeed with AI through technology investment alone.

11.1 Building AI Talent

Board considerations • Does the organisation have the talent and capability required to execute its AI strategy? • Is AI literacy developed across management and leadership teams? • Are critical AI capabilities overly

Demand for AI talent signicantly exceeds supply globally. Organisations therefore need a deliberate strategy to develop and access the capabilities required to execute their AI ambitions.

11.1.1 e Build-Buy-Partner framework

dependent on a small number of individuals or external providers?

Most organisations will need a combination of three complementary approaches, also known as e Build-Buy-Partner Framework : • Build: Develop internal capability through upskilling and reskilling. • Buy: Recruit and augment specialised talent. • Partner: Leverage the external ecosystem to accelerate capability development.

• Is management investing suciently in workforce transformation as AI adoption increases? Sustainable AI capability requires coordinated investment across people, processes, governance and technology.

The Build-Buy-Partner Framework

PARTNER Leverage external ecosystems to accelerate capability development

BUILD Develop internal capability through upskilling and reskilling

BUY Recruit specialised talent where critical expertise is required

Key actions

Examples of Key Roles

Potential Partners

Data literacy across the workforce

Data scientists

Technology providers

AI fluency among management and leadership Technical skills in data science, machine learning, and AI engineering Business capability to integrate AI into operational and strategic decision-making

Universities and research institutions

Machine learning engineers

Start-ups

AI architects

AI governance and risk specialists

Consulting firms and system integrations

Responsible AI practitioners

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