The term ‘governance’ comes from the Greek verb κυβερνάω [kubernáo], meaning ‘to steer’. Every institution, be it public, private, or third sector, needs governance to function. There are formalized forms of governance, and the most formalized one is the ‘government’. NGOs also need good governance for effective functioning, growth and sustainability. The principles of good governance hold true in the dynamic environment the NGOs face today as the issues of accountability, transparency, responsibility, disclosure practices and organizational relationships among the board and stakeholders have come to the forefront in the case of NGOs.
In order to grow as an effective and successful non-profit organization, the organizations need to define their decision making rules and have an internal system of checks and balances in place that ensures the public interest is served. Those rules need to be defined in good times to prevent bad times.
Who is responsible for creating measurements / indicators of Good Governance? Do you know how to measure good governance? How does an NGO ensure that all their stakeholders are aware of their practicing Good governance? What is the implication for those not complying with the governance?
Our Speakers
Dato’ Ravishanker A/L V Thambiah
Managing Director of Asiankom Communication (M) Sdn Bhd
Fauziah Hanim
President of FuziMagic Goodwill Society
