Governance

What is it and why is it important?

Governance is the act of governing or overseeing the direction of a company. Proper governance is essential in any organization as lack of direction can lead to inefficiency and operational damages. The governing typically involves defining the company mission, values, goals, and sharing those with all employees.  Executive leadership relies on the guidance and oversight from the Board of Directors (BoD) to craft and carry strategies to meet the mission and vision.

The BoD and Executive leadership remain informed of the organization performance against the established goals and work together to address any issues that may arise.

Governance also includes the process of hiring and maintaining competent individuals to carry out the company’s visions and goals.

How do I implement a Governance Program?

At TrustCloud, a set of controls has been created to help implement a Governance program. Review each article below for a deep dive on those controls.