Principles of Governance

Principles of governance are the fundamental rules and practices that ensure organizations are managed responsibly and transparently. They promote accountability, fairness, and integrity in decision-making, aligning the organization’s actions with the interests of stakeholders like employees, customers, and the community. Good governance involves clear roles, effective oversight, and ethical behavior, helping organizations achieve their goals while maintaining trust and compliance with laws and standards. Ultimately, these principles foster sustainable success by guiding how organizations operate, make decisions, and respond to challenges transparently and responsibly.