n recent years, Governance has gained increased importance. Today there is a clear need to define the personal attributes and performance standards of the estimated five million executive and non-executive directors who lead organisations in the UK.
- Establishing and monitoring an effective board structure and composition
- Complying with laws, regulations, and voluntary codes of practice
- Developing effective relationships between the company and its shareholders
- Ensuring honest and responsible conduct and behaviour throughout the company
- Dealing competently with relevant stakeholders such as employees, local authorities, community members and clients
Skills & Competencies for Governance NOS
The Governance NOS (National Occupational Standards) are aimed at existing board members or those aspiring to board membership. They are designed to underpin best governance practice, and focus on five key areas:
- Providing an effective governance structure
- Providing a strategic direction
- Ensuring effective management of an organisation and implementation of strategy
- Ensuring accountability, managing relationships, and communications with stakeholders
- Providing support to the governing body, the organisation, its key stakeholders, and shareholders
The NOS have been designed to outline the expected responsibilities of those in a position of Governance as well as provide criteria by which C-level and Director level individuals can assess performance.
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