Developing an effective governance operating model A …
Developing an effective governance operating model A guide for financial services boards and management teams Contents 1 Introduction 3 What is a governance operating model ? 4 From framework to operating model 6 Components of a governance operating model 8 The power and benefits of a governance operating model 9 Designing the governance operating model 12 Enhancing or establishing a governance operating model 13 Getting governance done A governance operating model has the potential to address this need and thus enhance management's ability to implement governance and the board's ability to exercise proper oversight.
(usually, senior executives) are responsible for approval decisions that they must as board members oversee, further approve, or simply be aware of; and how.” A governance operating model supplies the “how” 1 that board members seek and can reveal gaps or shortcomings in board or management committee charters.
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