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AI governance for mid-market companies

AI is already in your business. Measure it against the standards before someone else does.

Hive Advisory Group helps mid-market leadership teams find the AI already in use across employees and vendors, measure it against ISO/IEC 42001 and the NIST AI Risk Management Framework, and put ownership, policy and oversight in place. The work starts with what is in use today, and ends with a framework leadership can act on.

For teams comparing AI governance tools or platforms, an independent view of what the business needs to govern tends to make that choice simpler. Hive is an advisory firm, not a software vendor.

  • A four-week AI Risk & Governance Review: a gap assessment against ISO/IEC 42001 and the NIST AI RMF, fixed fee or outcome-based pricing
  • A two-week AI policy and acceptable-use engagement for teams that need a document in place now
  • A senior team assembled for each engagement, with one named lead. Based in Nashville, working across Tennessee

Start with a 15-minute call

A short conversation about where AI governance stands in your business today and whether Hive is a good fit. No preparation needed.

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Where we help

Three places governance work usually starts

Most leadership teams arrive with one of these questions. The first conversation is usually about which one matters most right now.

Where do we stand against the standards?

A gap assessment against ISO/IEC 42001 and the NIST AI Risk Management Framework, sized to a mid-market organization. Customers, insurers and regulators are starting to ask for exactly this, and it is far easier to answer before the question arrives.

About the AI Risk & Governance Review

What AI is already in use here?

An inventory of the AI across teams, including agents and tools that arrived through vendor updates and personal accounts (shadow AI), set against what contracts, client commitments and your own policy already require.

Read: Your AI footprint is bigger than your AI budget

Do we have a policy people can follow?

A board-approved AI policy, acceptable-use rules for staff and a vendor AI clause for contracts, drafted and adopted in two weeks. The fastest way to put something defensible in place while the larger review is scoped.

About the AI Policy & Acceptable Use engagement
The AI Risk & Governance Review

Four weeks, in a set sequence

  1. ScopeThe boundaries, the teams in scope and the questions that matter most are agreed up front, along with which standard the business will be measured against.
  2. DiscoveryWe map how AI is being used across the organization in practice, including vendor-embedded features and employee tools nobody approved.
  3. ReconciliationThat usage is tested against contracts, client commitments and stated policy, then scored against ISO/IEC 42001 and the NIST AI RMF.
  4. Roadmap readbackLeadership receives a prioritized governance roadmap, walked through by senior advisors, with the gaps ranked by exposure.
What leadership receives

A usage map

Where AI lives across the organization in practice, including shadow AI.

A commitment reconciliation

How that usage lines up against contractual and client obligations.

A standards gap report

Where you stand against ISO/IEC 42001 and the NIST AI RMF, control by control, in plain language.

A risk register and board-ready roadmap

Exposure prioritized by severity, and a governance plan leadership can act on now.

The two standards

Why we measure against ISO 42001 and the NIST AI RMF

Both are voluntary, both are becoming the language customers and auditors use, and both were written with large enterprises in mind. Our work is translating them to what a mid-market company actually needs.

ISO/IEC 42001

The first international management-system standard for AI, published in late 2023. It defines 38 controls across 9 objectives covering policy, roles, impact assessment, data, lifecycle and third parties. Enterprise buyers increasingly prefer suppliers aligned with it, which pulls mid-market vendors into the same requirement. The review tells you how far you are from alignment, and whether certification is worth pursuing at all.

NIST AI Risk Management Framework

The US reference framework, organized around four functions: Govern, Map, Measure and Manage. It is the framework most US regulators, insurers and large customers point to when they ask what good looks like. The review maps your current practice to each function, so leadership can say which parts are covered and which are not.

Agent Readiness Review

Before the first AI agent goes live

Agents act on your behalf, which changes the governance question. Large enterprises are scaling them; most mid-market companies are reading about them and hesitating, and the hesitation is usually right. The Agent Readiness Review answers the four questions that decide whether an agent is safe to deploy, in two to three weeks.

Which workflows?

Which processes are safe to hand to an agent, which need a human in the loop, and which should stay out of scope for now.

What controls?

The approval, logging, rollback and human-review controls each workflow needs, sized to the risk and written so the team can run them.

What data?

What an agent may read, write and send, and how that squares with client confidentiality, privacy obligations and your contracts.

Whose liability?

How the vendor agreement allocates responsibility when an agent acts wrong, and what to negotiate before signing.

Leadership receives a workflow-by-workflow readiness decision, a control design for the workflows that pass, and contract language for the vendors involved. Often run as a module inside the AI Risk & Governance Review, or on its own for a specific agent decision.

Annual AI Audit

The yearly check the standards expect

Once a framework and a policy are in place, both ISO/IEC 42001 and the NIST AI RMF expect a periodic review. The Annual AI Audit is an independent look at whether the controls you adopted are still being followed, whether the inventory has changed, and what has arrived since the last review.

It is deliberately lighter than the first review: two weeks, a refreshed inventory, a control-by-control check and a short findings report written for the board. Available to Hive clients after a review, and to companies that built their own framework and want an outside opinion on it.

What the audit covers

Inventory refresh

What AI is in use now versus the last review, including new vendor features and agents.

Control check

Whether the policy, approvals, vendor terms and monitoring adopted last time are actually being followed.

Standards drift

Where the business has moved closer to, or further from, ISO/IEC 42001 and the NIST AI RMF.

Board findings

A short report leadership can hand to the board, an insurer or a customer when asked.

What to expect

How the first steps work

Senior advisors are involved throughout, and scope and pricing are agreed before any work begins.

A 15-minute call

A short conversation about your situation and whether we are the right fit.

A 30-minute briefing

If it makes sense, a senior advisor walks your team through how we would approach it.

A scoped proposal

A defined engagement with a fixed fee or outcome-based pricing, agreed before any work begins.

Talk it through with a senior advisor

Fifteen minutes is usually enough to know whether there is something worth pursuing. Or start with the free brief: ten steps to AI governance, mapped to the NIST AI RMF.