Institutional Governance
Institutional Governance refers to the framework and processes that guide how organizations, such as universities, corporations, or non-profits, are directed and controlled. It involves the establishment of policies, procedures, and structures that ensure accountability, transparency, and effective decision-making within the institution.
Effective institutional governance typically includes a governing body, such as a board of directors or trustees, which oversees the institution's operations and strategic direction. This governance structure helps to align the interests of various stakeholders, including employees, customers, and the community, ensuring that the institution operates in a responsible and ethical manner.