Notable quote: Governance Vs management

“The practice of governing is mainly different from managing: It is not about managing [organizations] but confirming they are well run. It is less about doing and taking action than reflecting and learning. The key principles are that of prudence, acting in good faith, stewardship, duty, openness, transparency and integrity. These are the real building-blocks of excellence in corporate governance and the inclination actions for an effective board.”

Aaron

http://associationmanagementgroup.blogspot.com/2010/09/governance-vs-management-policy.html

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