Webinar – ISO/IEC 42001 Implementation Part 1 of 3

How to Implement the World’s First AI Management System Standard

Last week, Risk Professionals and AI Consulting Group hosted the first session in our three-part webinar series on ISO 42001 – the groundbreaking
Artificial Intelligence Management System standard. Led by Wasim Malik (CEO, Risk Professionals), Zuhair Malik (AI Engineer), and Ran Sun (AI
Partner), the session provided invaluable insights into AI fundamentals, real-world applications, and practical implementation strategies.

Why ISO 42001 Matters Now

As Wasim emphasized, AI adoption is accelerating faster than governance frameworks can keep pace. From Microsoft Copilot to browser-based
applications, organizations are deploying AI tools without proper risk management structures. ISO 42001 fills this critical gap by providing the first
comprehensive framework for AI governance, helping organizations build stakeholder trust while managing AI-related risks.

AI Fundamentals: Beyond the Hype

Zuhair broke down complex AI concepts into digestible insights:

• Modern AI Landscape: Today’s AI encompasses LLMs (like ChatGPT), computer vision, recommendation engines, and traditional machine learning
• LLM Mechanics: Large Language Models predict the next token (word fragment) based on training data, with parameters determining model size and
capability
• AI Agents: The ability to make tool calls (like executing searches) forms the backbone of AI agents, requiring robust governance for reliability and
transparency

Real-World AI Success Stories

Ran shared compelling use cases demonstrating AI’s transformative potential:

1. Restaurant Voice AI: $236K Monthly Revenue Recovery

A restaurant group implemented 24/7 voice AI to handle phone bookings, capturing $236,000 in monthly revenue that would have been lost to missed
calls. The solution now scales across hospitality groups globally.

2. Construction Safety: 100% Compliance Monitoring

Computer vision systems now monitor construction sites 24/7, ensuring 100% PPE compliance and driving positive behavioral change among workers.

3. HR Automation: End-to-End Recruitment

AI processes hundreds of CVs consistently, ranks candidates, conducts screening calls, and schedules interviews – eliminating tedious manual work
whileensuring fair, unbiased selection.

ISO 42001 Implementation Roadmap

Structure & Requirements

The standard follows the familiar PDCA (Plan-Do-Check-Act) cycle with:

• Mandatory Clauses 4-10: Context, leadership, planning, support, operation, performance evaluation, and improvement
• 38 Annex A Controls: Technical controls that may or may not apply based on your organization’s AI role (user, provider, or developer)
• Statement of Applicability: Critical document justifying which controls apply to your organization

Integration Opportunities

Organizations with existing ISO 27001 or other management systems can create Integrated Management Systems (IMS), optimizing resources and reducing
audit complexity.

Implementation Timeline

A realistic 5-month implementation plan includes:

• Risk assessment and control selection
• Policy development and training
• Internal audit and certification preparation
• Templates provided: Statement of Applicability, Risk Register, and Implementation Plan

What’s Next in Our Series

Webinar 2: Deep dive into clauses and controls with real client case studies Webinar 3: Certification process with GCC (Global Certification Body)

Free Resources & Consultation

All attendees receive:

• Complete webinar slides and templates
• Statement of Applicability template
• Risk register framework
• 5-month implementation plan
• Free AI opportunity assessment with AI Consulting Group

Key Takeaway

As Ran’s personal story illustrated – from losing his business analysis job to ChatGPT to becoming an AI champion – organizations face a choice:
embrace
AI governance and lead the transformation, or risk becoming irrelevant. ISO 42001 provides the roadmap to do this systematically and successfully.

Ready to start your AI governance journey? Contact Risk Professionals at info@riskprofs.com or scan the QR code in our
slides for your free consultation.

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Stay tuned for our next webinar where we’ll dive deeper into the practical implementation of ISO 42001 controls and share real-world certification
success stories.