Governance Basics

Why examine governance? : The benefits of good governance

As we have seen, good governance is laden with values but it has a practical side as well. Governance in practice is shaped by organizational mission and structure, traditions, and most importantly by the people and the relationships between them.

Good governance leads to a number of positive consequences, including:

• People trust your organization
• You know where you’re going
• Your board is connected to your membership and stakeholders
• You get good decisions; people value your work
• You have the ability to weather crises
• Financial stability

There is a growing body of evidence linking governance and overall organizational performance.