Best Practices In Good Governance
Good governance, integral to the growth and development of any institution, revolves around practices ensuring transparency, efficiency, accountability and respect for the rules of law. Incorporation of such traits allows organisations to respond swiftly and adequately to societal changes while ensuring a fair distribution of resources. Crucial among these practices is maintaining transparency which builds trust among stakeholders. To promote this, information should be accessible, timely, and accurate. Prioritising accountability, both individually and institutionally, ensures decision-makers meet their obligations and responsibilities sagaciously. Implementing participatory decision-making processes guarantees involvement of all members, stimulating motivation and ownership of decisions. Meanwhile, constant adherence to the rule of law is paramount, ensuring fair and consistent application of rules and regulations. In a rapidly changing world, also essential is the practice of responsiveness and being prepared to adapt. This involves not just reacting to changing circumstances, but actively anticipating and planning for them. Lastly, efficient operations, measured through cost-effectiveness or prompt delivery, are critical for optimal utilisation of resources. In conclusion, adopting best practices in good governance leads to the growth and prosperity of organisations and societies alike. They form the cornerstones of successful leadership and institutional practice, fostering a culture of trust, accountability, and engagement.
In our thought provoking Board Evaluation paper, you’ll discover:
✓ Why a Board evaluation is critical to the performance of an organisation.
✓ What are the core elements that make up the scope of an effective Board evaluation.
✓ A powerful approach that will build commitment to drive action within your organisation.
We help your Board get under the skin of what steps they need to take to provide maximum value to the business.
Our approach builds commitment and ownership, is relevant to the needs of your organisation and is inclusive, giving a voice to all Board members and key stakeholders.
The Mightywaters Team
The Mightywaters Team has considerable experience in working with Boards. They developed the GIFT® framework through understanding the areas that drive Board effectiveness. They work across sectors and different governance codes, and often with organisations with unusual or complex shareholding / stakeholder arrangements.
Anna Withers
Founder and Director
Anna focuses on the psychology and neuroscience of work, providing specialist expertise in one-to-one coaching, counselling and conflict resolution, and in the use and interpretation of psychometric tools. She has a particular interest in decision making and in helping individuals and teams make better decisions.
Mark Withers
Founder and Director
Mark brings nearly four decades of business experience and works at the most senior organisational levels, helping leaders tackle their tough people and organisational challenges. He is also a highly skilled facilitator who is able to create environments that enable groups and teams of all sizes to collaborate, innovate, create and decide more effectively.
Does your Board have untapped potential?
Withers, A. (2019). Does your Board have untapped potential?. Ethical Boardroom, Autumn Issue.
A board effectiveness evaluation that gets under the skin of what’s working well and what’s getting in the way of peak performance is the perfect vehicle to help boards unlock this potential. But what does an effective board evaluation look like? Read Anna’s article published in Ethical Boardroom and find out why and how to conduct a board evaluation and the conditions for success.
