Governance - Value Flashcards
1
Discipline
All involved parties will have a commitment to adhere to procedures, processes, and authority structures established by the organization.
2
Transparency
All actions implemented and their decision support will be available for inspection by authorized organization and provider parties.
3
Independence
All processes, decision-making, and mechanisms used will be established so as to minimize or avoid potential conflicts of interest.
4
Accountability
Identifiable groups within the organization - e.g., governance boards who take actions or make decisions - are authorized and accountable for their actions.
5
Responsibility
Each contracted party is required to act responsibly to the organization and its stakeholders.
6
Fairness
All decisions taken, processes used, and their implementation will not be allowed to create unfair advantage to any one particular party.