Artificial Intelligence transforms industries and organizations face growing pressure to ensure their AI systems are ethical, transparent, and compliant. This has increased interest in what is ISO 42001, the world\'s first international standard for AI management. Developed as ISO/IEC 42001, the framework helps organizations establish an effective AI management system to govern AI responsibly while managing risks and regulatory requirements. The ISO 42001 standard provides guidelines for implementing, maintaining, and continuously improving an AI management system. It enables organizations to manage AI throughout its lifecycle while aligning with key AI governance principles such as transparency, accountability, fairness, and security. Organizations are increasingly adopting structured AI governance frameworks to address regulatory requirements and ethical concerns. The growing focus on responsible AI, risk management, and transparency makes ISO/IEC 42001 a valuable framework for future-ready businesses. Understanding what is ISO 42001 is essential for organizations seeking to build trustworthy AI systems. By implementing an AI management system based on AI governance principles, businesses can improve compliance, reduce risks, and strengthen stakeholder confidence. Pursuing ISO 42001 certification is a strategic step for professionals and organizations looking to lead in the era of responsible AI.