📣 Connor Group, Boomi, and a cohort of academic researchers collaborated to deliver 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭-𝐞𝐯𝐞𝐫 𝐞𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞 𝐫𝐢𝐬𝐤 𝐟𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤 𝐟𝐨𝐫 𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐯𝐞 𝐀𝐈 (𝐆𝐞𝐧𝐀𝐈) ⬇ Connor Group, along with: Boomi David A. Wood (Brigham Young University Marriott School) Scott Emett (Arizona State University W.P. Carey School of Business) Marc Eulerich (University of Duisburg-Essen Mercator School of Management) announce the 𝐆𝐞𝐧𝐀𝐈 𝐆𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞 𝐅𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤. Built in collaboration with over 1,000 business leaders, academics, and industry bodies, the GenAI Governance Framework provides a detailed guide and comprehensive methodology for organizations of all sizes to assess their AI readiness, identify and manage enterprise risks associated with GenAI technologies, and move into responsible GenAI adoption. The framework can be easily customized to align with a company's unique objectives, needs, and risk appetite, and empowers those responsible for risk management and governance — such as Internal Audit, IT/CISO, Legal, and Audit Committees — to identify, evaluate, and proactively address high-priority exposures. It also provides a structured approach to pinpointing vulnerabilities and implementing controls, facilitating the secure and responsible deployment of GenAI technologies. “Effective AI adoption will be a massive competitive advantage but many don’t know where to start and how to apply it. A few AI tools exist now with many on the way, and they are coming fast. Having a smart AI adoption strategy with underlying controls, data, and processes that are ready for AI takes time. The most competitive companies are doing these things now," explained Jeff Pickett, Chair and Founder at Connor Group. Provided as a free resource, the GenAI Framework includes comprehensive documentation and a robust set of risk and control considerations. Framework implementation and consulting services offered by Connor Group allow businesses to evaluate their current governance practices, identify areas for improvement, and strategically plan for future enhancements. By assessing maturity levels across various control considerations, companies can gain insights into their own strengths and weaknesses and take targeted actions to bolster their AI governance. “Overall, the GenAI Governance Framework and accompanying Maturity Model serve as essential resources for organizations seeking to navigate the evolving landscape of AI,” said David A. Wood. “By adopting these tools, organizations can enhance their preparedness, resilience, and capability to harness the benefits of AI while effectively managing its risks.” For information about Connor Group AI and Automation services, please comment or send us a DM. To download the GenAI Governance Framework, visit the link in the comments.
About us
Connor Group is a specialized professional services firm of Big 4 alumni and industry executives. Our team of highly experienced professionals helps financial executives with their most complex and significant matters, including financial accounting and operations, IPO and M&A services, digital solutions, and managed services. Our clients are the world’s top growth companies, and we support them as they change the world and create new markets! The firm was founded in 2006 and has grown to more than 500 professionals with core offices in Silicon Valley, San Francisco, New York, Salt Lake City, and Boston. We have served more than 1,000 clients on six continents and have a 54% market share for Bay Area IPOs in recent years. Our client portfolio includes multi-billion-dollar public, mid-cap public, and pre-IPO companies ranging from early stage to late stage. Our global clients represent the most exciting industries including high tech, Internet, social networking, gaming, software, ad tech, cleantech, life sciences, financial services, consumer products, biotech, services, and manufacturing. Our goal at Connor Group is to be the most respected firm across our service lines by delivering the highest quality services to our clients. We are hired by finance and accounting executives who understand the importance of leveraging their time as well as having a partner that can successfully execute their needs.
- Website
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https://www.connorgp.com/
External link for Connor Group
- Industry
- Professional Services
- Company size
- 201-500 employees
- Headquarters
- United States
- Type
- Privately Held
- Founded
- 2006
- Specialties
- IPO Services, M&A Services, Financial Operations, Digital Solutions, Transformation & Risk, Financial Close and Reporting, and Accounting Advisory
Locations
Employees at Connor Group
Updates
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🧠 GenAI has already begun to disrupt industries and business processes. But how will it affect accounting? Join us at the Klarity Fall Summit to find out ⬇️ Our own Jason Pikoos will join fellow AI and finance leaders to explore: 💡Latest trends and developments in the world of AI 💡Practical applications of GenAI 💡Crucial considerations for responsible adoption … and much more! We’d love to see you there as we explore the ever-evolving landscape of AI 🔆 Learn more and register: bit.ly/3MmaCXC
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You recognize the significance of pro forma financial statements, but are you equipped to prepare them properly and effectively? 📈 Attend our webinar to elevate your 𝗣𝗥𝗢 𝗙𝗢𝗥𝗠𝗔 𝗣𝗥𝗢𝗙𝗜𝗖𝗜𝗘𝗡𝗖𝗬! In this CPE-eligible webinar, you will: ✅ Discover best practices for preparing pro forma financial information ✅ Explore necessary content and SEC requirements for pro forma statements We hope you’ll join Connor Group experts Jagdish Sohal, Mike Brandstetter, and Austin McNeil next week for a deep dive into pro forma methodologies. 🔗 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝘁𝗼𝗱𝗮𝘆: bit.ly/3yxwoV5
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⚠️ Struggling with spreadsheet errors, misaligned data and endless reporting challenges? The DataBridge is transforming 𝘊𝘏𝘈𝘖𝘚 ➡ 𝗖𝗟𝗔𝗥𝗜𝗧𝗬. Last week at Automate 2024, Jason Pikoos and co-presenter Matthew Graveen explored the custom data powered solution that centralizes all your Customer and Sales info (or any other key data) into a cohesive model. Ready to tackle your data challenges? Comment below or DM.
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🔥 Are you a high-volume business suffering in spreadsheet hell? Do you feel like there’s no way out? We have good news for you. Does this sound and feel familiar? ⬇️ ❌ Reconciliation Rodeo – struggling to align sales, cash, and billing data ❌ Data Doubts – endless reporting challenges with no consistent “source of truth” ❌ Error Fest – miscalculations from a labyrinth of convoluted spreadsheets We witnessed this challenge with many clients and developed a solution. The 𝗗𝗮𝘁𝗮𝗕𝗿𝗶𝗱𝗴𝗲 – a custom data powered solution that centralizes all your Customer and Sales info (or any other key data) into a cohesive model, transforming chaos into clarity for the most informed decisions possible. Using the DataBridge, we can deliver: ✅ 𝗔𝗰𝗰𝘂𝗿𝗮𝘁𝗲 & 𝗧𝗶𝗺𝗲𝗹𝘆 𝗥𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 Eliminate siloed chaos and achieve streamlined, reliable, and timely financial reporting. ✅ 𝗥𝗲𝗮𝗹-𝗧𝗶𝗺𝗲 𝗔𝗻𝗮𝗹𝘆𝘁𝗶𝗰𝘀 Leverage your data ocean to harness real-time analytics for smarter decision-making. ✅ 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗲𝗱 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴 Record, validate, and reconcile revenue within 1-2 days, with full end-to-end audit trails! The 𝗗𝗮𝘁𝗮𝗕𝗿𝗶𝗱𝗴𝗲 also provides the high-quality data foundation you need to unlock advanced AI capabilities, opening up endless possibilities. Comment below if you’re ready to tackle your data challenges.
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Congratulations to our friends at Bolt Threads on their recent IPO (Nasdaq: BSLK)! We are inspired by the transformative work they're doing and are proud to have played a role in their journey. Cheers to the next chapter of innovation and growth!
Big news: we’ve gone public! Bolt Threads is now listed on Nasdaq under the ticker symbol "BSLK." We believe biomaterials hold the key to a better future for people and the planet. We’re committed to transforming the high-volume consumer goods industries by delivering superior alternative materials tapped from nature. We are thankful to our leadership team, employees and partners for their support on this journey. Learn more: https://lnkd.in/gWjnaHNF
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Are you attending Workato’s Automate 2024 this week? Join us Thursday for a breakout session led by Jason Pikoos! 🔜 August 15 | 2:55 p.m. | Cypress Hall Can’t make the session? Comment below or send us a DM to connect. It’s going to be a great week!
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Please join us in celebrating the retirement of Connor Group Partner Deepika Sandhu! After 25 years in professional services—and the last 12 of those years with Connor Group—she is stepping away from the industry to pursue her life-long passion of writing. Deepika has made many lasting contributions to Connor Group during her time with the firm, including playing a pivotal role in launching both our footprint in Southern California and our Connor Group India team. Her dedication and contributions to our clients and professionals have been invaluable, and we are grateful for her time with us. Congratulations, Deepika! We wish you all the best in your next chapter.
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