A structured system outlining roles, responsibilities, and processes for decision-making and accountability in organizations.

The process of enhancing the skills, knowledge, and effectiveness of board members to improve governance practices.

Adherence to legal standards and ethical practices to ensure the organization operates within the law.

The identification, assessment, and prioritization of risks, followed by coordinated efforts to minimize their impact.

A process involving the analysis of internal and external factors to make informed decisions that align with organizational goals.

The practice of involving individuals or groups who have an interest in the organization's activities and decisions.

Situations where personal interests may compromise the impartiality of board members or decision-makers.

A set of guidelines outlining ethical standards and expected behaviors for board members and staff.

A policy that protects individuals who report unethical or illegal activities within an organization.

Metrics used to evaluate the success of an organization in achieving its objectives.

An ongoing effort to enhance products, services, or processes through incremental improvements.

Specialized groups within the board responsible for specific governance functions, such as audit or compliance.

The process of ensuring that an organization adheres to laws and regulations applicable to its operations.

The practice of openly sharing information about organizational processes and decisions with stakeholders.

The ability to convey information clearly and persuasively to engage stakeholders and foster understanding.

Educational initiatives designed to enhance the skills and knowledge of board members regarding governance.

The process of gathering input from stakeholders to assess the effectiveness of governance practices.

The ability to maintain effective governance practices over time, ensuring ongoing compliance and improvement.

A process that involves evaluating choices based on ethical principles and organizational values.

The systematic process of identifying and analyzing potential risks that could impact an organization.

Formal documents that outline the rules and procedures governing the organization's operations and decision-making.

A strategic planning tool used to identify internal and external factors affecting an organization.

An organizational environment that promotes adherence to legal and ethical standards among all members.

A program pairing experienced board members with newer members to enhance governance knowledge and skills.