Governance
Governance is the process of deciding what an organisation shall do, and
ensuring that it happens. Governance is separate from the management of
staff and programmes, even where they are carried out by much the same
group of people.
Governors carry the ultimate responsibility for the entity’s
success or failure (and may be personally liable for Board actions).
The key elements to be considered are:
-
Vision - what the organisation would like the world to be
like
-
Mission - what part this organisation sees itself as playing to
help achieve the vision
-
Strategic Plan - how the organisation will carry out its
mission
-
Business Plan - what the organisation will do in the coming defined
period(s)
-
Annual Plan – a business plan for the next year
-
Financial Budget - how much it will cost to carry out the annual
plan, and where the money will come from
-
Governance Policies - how the governance group will go about its
business
-
Delegated Authorities - who is responsible for doing what, and what
limits or constraints are placed on their ability to take action or to
make decisions
-
Monitoring Performance - of the organisation and the governance
group itself
The governance group of a not-for-profit organisation is normally
called the “Committee” or the “Board” and is
generally required to follow the requirements of the
“constitution” or “rules” as well as being
responsible for meeting any statutory or legislative requirements that
apply to the organisation.
Staff members normally have the management responsibility for
implementing programmes.
In a not-for-profit without employed or volunteer staff members, the
people responsible for the governance process may also be responsible
for carrying out the management activities. The will also be responsible
for determining service delivery (operating) policies, and carrying them
out.
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