An effective board of directors is crucial to the performance of any organisation and quite simply, good corporate governance is the key to effective functioning of the board.

The contemporary business environment demands that individual directors and boards perform at an optimal level. Optimal performance is good corporate governance.

The term corporate governance is often used but not well understood. It's about the board understanding and executing its role and responsibilities, well, which is affected by board:

• structure
• composition
• processes
• competence, and
• behaviour

A good corporate governance framework ensures that the board uses resources wisely, manages risk and guides the organisation to a successful future measured by return on investment or efficiency.

Governance Matters' products and services focus on industry-specific strategies and solutions to improve governance practices and board performance.