Summary:

Well, that's it! We hope this product has been of help and has added to your knowledge of good governance as it applies to a non-profit organisation.

The key components of good governance include:

• The principal role of the Board is to govern the organisation successfully. This is achieved through successful planning, strong leadership, sound organisational skills and careful control of resources. The scope of the role will however vary according to specific organisational characteristics;
• All Directors appointed or elected to a Board of a non-profit, incorporated association assume various legal, moral and ethical responsibilities. These fiduciary duties are the same for all Boards regardless of differing organisational factors;
• As a Director it is your responsibility to exercise due diligence and acquaint yourself with the responsibilities you assume as a Director as well as the operations and activities of any Board on which you seek to serve.

You can test your new knowledge by answering these quick questions!

As well as the sources of information identified in this product, explore the following related SpeedLearns at our eShop:

• How to Establish the Health of Your Organisation; 
• About Financial Management; and
• Committee Readiness

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