Understanding more about governance and board work
This section is designed to give you an overview of the nature of board work and governance in general. If you are trying to understand why boards exist, how they add value, and wish to gain different perspectives on how boards do their work, this section is for you. It offers general knowledge rather than focusing on just Policy Governance. Please explore!
Different frameworks for governance
There are a number of different frameworks for governance. One way to compare them is to consider functions and structures including:
- Board process
- Board functions
- Managing the business
- Doing the organization’s work
- Strategy, planning and direction setting
- Representing owner’s interests
- The relationship between board, CEO and staff
- Committee structure and use
- Board role
- CEO role
- Fiduciary responsibility
- Financial decisions
- Human resources
- Monitoring for accountability
- Resource securing
- Decision making power
