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Purpose

The board is responsible for ensuring that the objects of the company, as set out in the constitution, are being followed. The board develops the strategic vision for the company, and should ensure that it is communicated appropriately with all key stakeholders, including members and staff.

This section will guide you through the process of setting your company's vision, values and goals.

Video: What Is Governance?

In this video, Joy Allen of Leading Governance outlines the meaning of governance.

Video: What Are the Benefits of Good Governance?

In this video, Joy Allen, Managing Director of Leading Governance, discusses why governance is important, and the main benefits of good governance.

The purpose of this board briefing is to provide more information on the Leading Governance model of board and organisational development.

Video: Elements of the Leading Governance Model - Purpose

This video outlines the Purpose element of the Leading Governance model. The board is responsible for ensuring that the objects of the company, as set out in the constitution, are being followed. The board develops the strategic vision for the company, and should ensure that it is communicated appropriately with all key stakeholders, including members and staff. The board also sets the organisational values which govern the way the company does business.

In this board briefing, we look at the duties of company directors as outlined in the Companies Act 2006.

The role and responsibilities of the board are to:

Strategic planning is the process of creating a vision of a desired future for your company or organisation, and then translating this into broad goals or objectives which are then further broken down into a series of steps which if taken, will result in the achievement of the vision.

Too many boards just review and approve strategy. Three questions can help them and executives, begin to do better.

The purpose of this board briefing is to highlight the need for effective corporate governance and present some of the governance models used by companies.

In 1994, the UK government established a Committee on Standards in Public Life. The remit of the committee was to make recommendations to improve standards of behaviour in public life. The committee was chaired by Lord Nolan, and the first report of the committee established the seven principles of public life, also known as the “Nolan principles”.

The production of a governance manual or handbook will help board members by providing an easily accessible repository of information, policies and procedures needed for the effective governance of the organisation. The purpose of this board briefing is to highlight the typical contents of a governance manual.

The governance of «Company_Name» is the responsibility of the board. This Schedule of Matters Reserved aims to clarify what areas the board cannot, or does not intend to, delegate through its chief executive to staff working in the organisation, or to committees.

The «Company_Name» scheme of delegation: sets out the authority delegated by the board of «Company_Name» to its committees and to the Chief Executive, gives express powers for the Chief Executive to delegate to other staff, and sets out the authority delegated to members of the Senior Management Team (SMT) by the Chief Executive.

Video: The Key Issues Facing Boards

In this video, Joy Allen, Managing Director of Leading Governance discusses some of the key issues facing boards and senior management teams.

Charities and other voluntary and community organisations play a vital role in our lives and they command enormous public trust and confidence. This is reflected in the generosity with which people in Britain give their time and money to charities they support.

This initiative to promote good governance within the voluntary and community sector is to be welcomed. As Chief Charity Commissioner in Northern Ireland I am particularly pleased that the second edition of this practical guide has been published, already it has proven to be a valuable resource for many local Management Committees and Boards.

It is perhaps surprising that there is no common code for public service governance to provide guidance across the complex and diverse world of public services, which are provided by the public sector and a range of other agencies. The Good Governance Standard for Public Services addresses this issue head on.

The first version of the UK Corporate Governance Code (the Code) was produced in 1992 by the Cadbury Committee. Its paragraph 2.5 is still the classic definition of the context of the Code: "Corporate governance is the system by which companies are directed and controlled. Boards of directors are responsible for the governance of their companies.

Presentation to the Smart Business Show in May 2014.

Video: What Can Happen If You Don't Practise Good Governance?

In this video, Joy Allen of Leading Governance discusses some of the consequences of not exercising good governance.

Video: What Are the Main Responsibilities of the Board?

In this video, Joy Allen of Leading Governance discusses the main responsibilities of the board.

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