EOSCommunity.org Forums

What is Governance?

Organizational governance is a system by which an organization makes and implements decisions in pursuit of its objectives. In other words, organizational governance drives the modern organization.

That being the case, organizations need strong and robust entity data on which to base those decisions. Well-governed organizations provide their leaders with good quality information to help them ask the right questions and take the right decisions.

That good quality information needs to come from somewhere, and increasingly modern governance is driven by entity and board management software that creates a central repository for governance data, ensuring that there’s a single source of truth for those making decisions — both the big strategic ones and the smaller day-to-day operational ones.

Words in part courtesy of “insights.diligent.com”.