"The prevailing governance model is fundamentally adversarial, pitting board members in a never-ending struggle with executives. This model may ensure that the legal requirements of oversight and compliance are met, but it does little to advance the organization’s goals. The authors propose a new and more effective framework, one where board members and executives work together to advance the organization’s mission." Mission Driven Governance is an article written by Raymond Fisman, Rakesh Khurana, & Edward Martenson published in the Stanford Social Innovation Review Summer 2009
Copyright © 2009 by Leland Stanford Jr. University All Rights Reserved
Read the full paper here
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Comments
What is governance if you are not focused with your mission. It is common for any company to have a mission and vision. It is their beacon. - James Stuckey