Governance and engagement framework

Governance and engagement framework

An effective governance and engagement framework aids your organisation to achieve its strategic objectives, mitigate risks, and improve overall performance. It can also help to align operations with your values and principles so you can operate in a socially responsible and sustainable manner. When developing your framework, we will focus on procedures, and responsibilities that govern your organisation’s operations, decision-making, and accountability. It typically includes elements such as board governance, risk management, compliance, and performance management. To ensure we have effective engagement and alignment across your organisation, we will complement goverance with an engagement plan that identifies key stakeholders, whether they are internal or external, communication strategy, roles eg approver vs consulted and feedback mechanisms. Having a well-designed governance and engagement framework helps ensure that decisions are made in a fair and transparent manner, risks are identified and managed effectively, and stakeholders are engaged in the decision-making process at the right level at the right time. It also helps to build trust and confidence with stakeholders and can enhance an organisation’s reputation and brand.

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