Benefits
- There is increased stakeholder understanding.
- The level of trust is higher between the board and members as members are assured their interests are considered in decision-making.
- Mistakes are not repeated as the board learns and adjusts processes accordingly.
- The organisation is trusted, giving it greater access to resources and more freedom to operate.
- Disputes are easily managed through an established resolution process.
- Better decisions are made because directors understand their role and have the information they require.
Back to top