What is Governance?
Governance is the responsibility for the direction, effectiveness, supervision and accountability of an organization. Board members of NGOs have contributed their time, knowledge and experience voluntarily and assumed the extremely important role of driving the development of not only their respective organisations, but also the social welfare sector.
As the social problems and challenges NGOs encountered become continuously more complex, the demand for NGOs providing services of high quality and being more transparent and accountable increases as well. In order to fulfil the expectations and foster the trust and support from the public, a governance framework has to be implemented.
Importance of Governance
NGOs are accountable to donors, service users, and other stakeholders. With good governance, NGOs can use their resources effectively, not only to maximize their social impact, but also to minimize and adapt to potential risk.
Public trust is the core element of an NGO’s success, and good governance is the very foundation on which an NGO builds and maintains public trust.
