governance - information & articles
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Conducting a Meeting
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Conrad Black Trial Pages On This Site
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HP's Governance Woes
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Corporate governance provide plenary (overall and ultimate) leadership for a corporation - a body corporate. Institutional governance provides plenary leadership for organizations such as not-for-profit societies. The principle functions of corporate and institutional governance are the making of by-laws and related governance policy, providing direction, directing, exercising ultimate control over and having ultimate responsibility for an organization. This direction and control are provided either by the owners - shareholders in the case of corporations and members in the case of societies - of the organization or by their representatives. The individuals who are part of an organization's governance are usually called directors. Together, they form a board of directors.
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While governance is the exercise of plenary leadership, management is the exercise of business and operational leadership. Governance provides direction, management manages and conducts the business mandated by the direction.
If you don't care where you're going - any road will get you there