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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