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A Carver Policy Governance Guide

The Governance of Financial Management

A Carver Policy Governance Guide by John Carver
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The Carver Policy Governance Guide series includes sixbooklets that offer board members a description of John Carver'sPolicy Governance model of board leadership. Policy Governanceenables a board to fulfill its accountability to its organization's"owners," whether the owners are association members, cityresidents, company shareholders, or a community of interest. PolicyGovernance addresses the board's engagement in financial,programmatic, and personnel matters; roles of officers andcommittees; reporting and evaluation; agendas; and other aspects ofthe board job.

The Governance of Financial Management offers a provenstrategic approach to the issues of finances and boardresponsibility. It reveals how a board can effectively govern anorganization's financial planning by controlling budget valuesrather than budget numbers. The guide addresses the issue of actualfiscal conditions by creating policies that safeguard anorganization's real fiscal health.

The Policy Governance model is based on the functions ratherthan the structure of a governing board. It outlines commonsenseprinciples about governing that fit together into an entire system.The practices of the Policy Governance board, which are consistentwith the principles, allow it to control without meddling, focus onlong-term organizational outputs, powerfully delegate to a CEO andstaff, and discharge its fiduciary responsibility in a visionary,strategic manner. Because the model is a total system, the CarverPolicy Governance Guide series offers boards a complete set ofprinciples for fulfilling their various obligations.

Wiley; December 2009
32 pages; ISBN 9780470620182
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Title: A Carver Policy Governance Guide
Author: John Carver; Miriam Carver
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