Governance - Value Flashcards

1
Q

1

A

Discipline
All involved parties will have a commitment to adhere to procedures, processes, and authority structures established by the organization.

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2
Q

2

A

Transparency
All actions implemented and their decision support will be available for inspection by authorized organization and provider parties.

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3
Q

3

A

Independence
All processes, decision-making, and mechanisms used will be established so as to minimize or avoid potential conflicts of interest.

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4
Q

4

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Accountability
Identifiable groups within the organization - e.g., governance boards who take actions or make decisions - are authorized and accountable for their actions.

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5
Q

5

A

Responsibility

Each contracted party is required to act responsibly to the organization and its stakeholders.

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6
Q

6

A

Fairness
All decisions taken, processes used, and their implementation will not be allowed to create unfair advantage to any one particular party.

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