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Meghan Day
Principal Solution Designer

AI: The corporate secretary’s powerful new ally in governance

October 24, 2024
0 min read
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Corporate secretaries. They are the unsung heroes of corporate governance, juggling a maze of responsibilities that keep organizations running smoothly behind the scenes.

But let’s face it — managing endless administrative tasks, board logistics and compliance demands can often feel like a never-ending uphill battle. Now, with artificial intelligence (AI) stepping into nearly every corner of business, many CoSecs are wondering: Is AI a threat to my role, or an opportunity to redefine it?

Here’s the truth: AI isn’t coming for your job — it’s here to make you even more indispensable. Instead of threatening your role, AI offers a chance to transform it, automating the mundane so you can focus on what matters most: elevating governance, driving strategy and becoming the boardroom’s most trusted adviser.

More than just "admin"

Administrative tasks have always been a big part of the corporate secretary’s role. Organizing board meetings, drafting minutes, tracking compliance requirements — it’s all essential work, but it can feel like a never-ending to-do list. It’s no secret that AI can handle a lot of this heavy lifting.

With AI, it’s now possible to automate meeting minutes, track regulatory changes in real time and even ensure deadlines are met without a hitch. Instead of getting bogged down in the minutiae, you can focus on what truly matters: adding strategic value to your board and executive colleagues. This shift doesn’t diminish your role as corporate secretary — it elevates it.

By using purpose-built AI tools made especially for governance professionals, like those pioneered by Diligent Boards, you gain more time for the bigger picture, such as advising on governance best practices, anticipating risks and guiding the board through complex decisions.

The strategic CoSec

As we’ve already established, artificial intelligence doesn’t downplay the critical need for CoSecs, not by any means. It heightens it. The reality is, when routine is automated, your expertise becomes even more crucial. Your abilities to interpret the data, navigate governance complexities and be the board’s trusted advisor become your superpowers.

By embracing AI tools, you can:

  • Streamline board processes: Automate agenda creation, track meeting actions, and pull together documents faster than ever.
  • Enhance compliance: Stay on top of the latest regulatory changes with real-time alerts, ensuring your company never falls behind.
  • Boost board performance: Use AI to analyze board metrics and help improve overall governance effectiveness.

AI positions you as a leader in the boardroom, shifting your focus from routine tasks to strategic insights that drive real impact. This isn’t just about saving time — it’s about amplifying your role in shaping the organization’s future.

Governance isn’t a game — neither is security

That said, as exciting as AI’s potential is, you can’t afford to jump in blindly — especially in a field as sensitive as corporate governance. Board discussions and corporate data are among the most confidential and high-risk areas in any company. So, while AI can be a game changer, not all AI tools are created equal.

Here’s where caution comes in: You need AI solutions built specifically for governance, with the highest levels of security and control. This is where platforms like Diligent Boards shine. Especially designed for governance professionals, they provide the automation you need without compromising the security your board demands.

Why is this critical? Because with great AI power comes the need for even greater data protection. Using AI tools that are designed for governance ensures that sensitive board materials, communications, and compliance documents stay secure, encrypted, and accessible only to the right people.

Your AI advantage: getting ahead

So how do you, as a corporate secretary, leverage AI to get ahead?

1. Start with purpose-built tools: Generic open-source AI solutions may seem attractive, but your role requires highly secure, governance-specific platforms like Diligent Boards, which are tailored to the unique demands of boardrooms.

2. Use AI to build influence: Automation allows you to free up time to become the board’s strategic adviser, not just its administrator. By offering governance insights and enhancing board performance through data, you solidify your role as an indispensable partner to executives.

3. Stay ahead of the curve: The CoSecs who are future-proofing their careers are the ones who adopt AI, not shy away from it. By showing you can navigate both AI and governance intricacies, you position yourself as a forward-thinking leader.

Embrace AI, elevate your role

In short, AI isn’t here to hold you back. It’s here to empower you, to strip away the mundane, and to let you focus on what really matters: strategy and leadership.

As a corporate secretary, you’re the linchpin of corporate governance. With AI tools —especially secure, governance-focused solutions like Diligent Boards — you have the opportunity to elevate your role, strengthen your influence and ensure that your company stays compliant, secure and ahead of the curve.

Ready to see how AI-powered board management software can transform your role and elevate your influence in the boardroom? Download our checklist designed especially for CoSecs and discover the whole range of digital tools that can help you set the tone for effective governance.

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