14 November 2007

Advantages of doing governance right

Welcome back!

There are certain advantages to doing governance right:
  1. Focus on the right thing--organizational results
  2. Accountability for results and all of the important issues of finances, treatment of people, risk management--it goes on and on.
  3. Linkage and accountability to the community that owns the results.
The only systematic, comprehensive approach to these and other other board governance issues is found in the Policy Governance(r) approach. You can add as many "best practices" as you want, but unless to foundation is there, there is no there there.

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