The term ‘governance’ comes from the Greek verb κυβερνάω [kubernáo], meaning ‘to steer’. Every institution, be it public, private, or third sector, needs governance to function.
There are formalized forms of management, and the most formalized one is the ‘government’. NGOs also need good governance for effective functioning, growth and sustainability.
The principles of good governance hold in the dynamic environment the NGOs face today as accountability, transparency, responsibility, disclosure practices, and organizational relationships among the board and stakeholders have come to the forefront in NGOs’ case.
This video highlights the steps that you can keep in mind to establish effective governance in your NGO. Do give it a watch!
