Join us on 20 May at 10 CET for a close look at this important new International Standard on Effective Governance.
Join us on 20 May at 10 CET for a close look at this important new International Standard on Effective Governance.
As a member of the Board of Directors, how would you explain your governance policy, system, process and practice to an inquiring stakeholder, such as an important donor agency or individual, to whom you are accountable?
As you do so, how certain are you that what you are describing is ‘fit for purpose’ and will protect you against the accusation of being unprofessional – if not reckless or negligent – in relation to your legal duty of skill and care?
Finally, what objective reference would you use to test and validate the governance approach your organisation has decided to adopt?
Fortunately, people serving on a Board of Directors – and other governance practitioners – now have the benefit of an international standard for governance (ISO37000) that is applicable to all organizations regardless of type, size, location, structure or purpose. We expect that this ISO will rapidly be considered a ‘benchmark’ for governance against which boards of directors can be measured.
A good working knowledge of its principles and desired outcomes is invaluable to any professional director.
Join us on 20 May to take a dive into this new standard and to discuss what it means to boards, directors and trustees.