A governance operating model may assist the board and management in fulfilling their governance roles. Such a model is likely to enable the board and the executive leadership to organize the governance structure and the mechanisms by which governance is implemented. By the same token, the lack of a governance operating model

The resulting governance system must give all stakeholders sufficient voice to influence the scope, quality, and cost of the services that the functions provide, while preserving the enterprise’s ability to manage constraints and achieve cost and compliance goals.

So how can you develop your corporate governance strategy to sustain current and future growth? There are a few tips that are particularly important to follow. 1. Start Early. First of all,...

A governance operating model (GOM) outlines the framework within which an organization's decision-making processes are structured and executed. It delineates the roles, responsibilities, and relationships among key stakeholders such as the board, management, and shareholders.