- Ensuring organisational purposes and rules set out in the governing document remain relevant and valid
- Setting up and upholding the vision, values and reputation of the organisation
- Understanding and fulfilling its legal duties
- Ensuring the stewardship of assets
- Ensuring appropriate organisational structures are in place
- Understanding the organisation’s operating environment
- Developing and agreeing a long-term strategy
- Reviewing and overseeing the work of the organisation in the interests of its beneficiaries and/or members
Principle 1
Understanding its Function in Delivering Organisational Purpose
The members of the board are equally responsible in law for governance. They are collectively responsible for ensuring that the organisation remains faithful to its purpose. The board will lead by: