week 4: Governance Flashcards
Governance
structures and processes used by an organization to develop its strategic goals and direction, monitor its performance against these goals
organizatoinal governance
concerned with the exercise of power within organizations and provides the system by which the elements of organizations are controlled and directed
governance structure elements
- executive
- staff
- volunteers
- council
- membership
- board
whp are the executive people.
people who are being paid to make decisions
ie. a CEO
who are the staff in governance structures
paid people who report back to the executive, they put the strategy in place
who are the volunteers in governance structure
they do the same thing as the staff, however, they just are not paid
who are the council in governance structures
groups that represent general membership
what is membership in governance
members of an organization
who are the board in governance structures
groups of individuals, typically not paid, involved in the strategic direction of the organization
what are the 3 different governance models
1: traditional model
2: political model
3: executive-led model
traditional model
- do strategy and doin the day to day operations
- based on human potential of the board
- work of the board is defined with by-laws and policies
- roles and responsibilities are clearly defined
- positive group culture based on annual work plan
- focus on external relationships
political model
- they develop the strategy tell it to the executives and then that is where their role stops
- based on determining mission and strategic directoin
- establishing clear board and executive roles
- ensuring governance processes are clearly defined
- developing clear performance measure
(you see this a lot more often in larger organizations that have the resources to pay them)
executive-led model
- executives have a role to play in development
- performance of organizations are ultimately the responsibility of the executives rather than the board
- there will probably not be a board
board composition
- representative
- hybrid
- independent
board composition: representative
members are elected
- members elect the board members (smaller organization)