Establishment of policies, and continuous monitoring of their proper implementation, by the members of the governing body of an organization. It includes the mechanisms required to balance the powers of the members (with the associated accountability), and their primary duty of enhancing the prosperity and viability of the organization. See also corporate governance.
IOD offers a suite of governance and compliance solutions that support directors, officers, and governance professionals in their efforts to promote governance excellence and accountability. IOD proprietary assessment and reporting processes promote strategic alignment between board and management and turn feedback into action–all while removing paper from the process. Merging expertise, technology, and innovation, IOD provides clients with customized solutions for compliance processes, including directors’ and officers’ questionnaires, related party questionnaires, and conflict of interest questionnaires, among others.