A Carver Policy Governance Guide
The Governance of Financial Management
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.
32 pages; ISBN 9780470620182
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Title: A Carver Policy Governance Guide
Author: John Carver; Miriam Carver
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