institutional governance

Institutional governance refers to the systems, processes, and practices that ensure an organization operates effectively, ethically, and in accordance with laws and policies. It involves the way decisions are made, responsibilities are assigned, and accountability is maintained among leaders, stakeholders, and governing bodies. Good governance promotes transparency, integrity, and strategic direction, helping organizations achieve their goals while managing risks and resources responsibly. Essentially, it is the framework that guides an organization’s leadership to act in the best interests of its mission and stakeholders.