INTRODUCTION

The Components Of Good

In the ever evolving and fast paced world we live in the importance of good governance is often misunderstood. It should be considered a key foundation for any organisation who wishes to be future facing and adaptable to the constant change in the society around them.

Governance is connected to all areas of a business, whether that be fundamental elements such as remaining legally compliant, or lesser considered areas like the impact it can have on your reputation and the trust customers have in you.

The value of having strong governance is more significant than ever and is intrinsically linked to the success and future sustainability of any organisation.

In golf clubs, good governance could be defined in many ways given the unique nature and variety of different organisations that operate within the sport, and whilst it covers several different aspects within your operation, some elements will be more or less relevant dependant on what sort of club you are.

Governance is a system that provides a framework for leading and managing an organisation. It is the foundation that enables the management team and board to operate legally, ethically, sustainably, and successfully.

Governance is about responsibility – for the performance of the organisation, in building trust amongst stakeholders, effectively managing risks and ultimately the protection of an organisations assets, including their reputation.

As demands and expectations from customers continue to grow, there is increasing pressure to operate with sensitivity towards social, cultural, economic and environmental issues. Governance lays the foundation in the setting of these type of operational standards.

WHAT

IS GOVERNANCE?

THE WAY THAT ORGANISATIONS ARE MANAGED AT THE HIGHEST LEVEL, AND THE SYSTEMS FOR DOING THIS

Discussion

• What does having good governance mean to your club?

• How often is governance on the agenda or discussed by your Board?