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Module 5: Governance

All organizations require oversight and stewardship, which is to say something above and beyond "leadership". This oversight and stewardship may be provided inside the organization (e.g., by a board of directors) or a group outside the organization (e.g. a regulatory body). In either case, we refer to this as "governance". Governance includes setting expectations, policies, standards, and ways to verify that these are met. Increasingly, it has become a complicated topic because it requires a broad and deep understanding of the business, of risks, of environmental trends, and of societal expectations. Accountability is a related concept, which includes responsibility and liability, both legally and morally. This module examines these processes and provides tools to effect such accountability creatively and successfully.