Governance & Oversight at the center

People in Governance & Oversight

People who work in governance and oversight roles, such as the board of directors or other mediating structures, play an essential role in GRC. They set direction and diligently work to constrain and conscribe the organization.

Learn about the other roles involved in GRC.

People who work in governance and oversight roles, such as the board of directors or other mediating structures, play an essential role in GRC. They set direction and diligently work to constrain and conscribe the organization.

Effective governance and oversight cultivate an organization with clear lines of accountability, decision-making authority, and allocation of responsibility to achieve its mission and vision.

But governance and oversight are needed at every level in the organization. Every department and team need to constrain and conscribe subordinate activities.

So doing your job in governance and oversight includes helping your peers understand what you do, how you do it, and how to apply it in their departments.

Get the Ultimate Guide to Governance & Oversight

Modern governance & oversight helps the organization stay within boundaries as it drives toward its purpose at all levels and in every area of the organization.

Goals of Governance & Oversight

The goals of governance and oversight roles, include:

  • Generally constrain and conscribe the organization
  • Establish mission, vision and values and authorize strategy
  • Provide "Arm's length" direction and control
  • Inspire an ethical culture

Governance & Oversight is more than just the "G" in GRC.

Roles in Governance & Oversight

It is essential that those with governance responsibility shape the organization. People in governance and oversight must work together to decide how governing actions and management actions are balanced to reliably achieve objectives, address uncertainty, and act with integrity.

People in governance and oversight often have titles such as:

  • Board member
  • Oversight board member
  • Oversight committee member
  • And More!

Others play a role in Governance & Oversight and vice versa.

Governance & Oversight Everywhere

It is essential for people who are NOT in governance and oversight roles to understand the needs of their colleagues who ARE in governance and oversight roles.

At the same time, it is important for people in other roles to understand how to apply governance and oversight concepts to their work.

This means that everyone should understand and apply the following:

  • Governance concepts and frameworks
  • How to balance governing actions with management actions
  • How to inspire an ethical culture

Selected Governance & Oversight Resources

Ultimate Guide to Governance & Oversight

eBook

Illustration – The Corporate Governance Ecosystem

Illustration

Lessons NOT Learned from Recent Corporate Governance Failures

Webinar Recording CPE Credits: GRCA GRCP

The Reality of Corporate Governance “Best Practices”

Article