Original Source: Deloitte
Having a common governance framework can play an important role in helping boards gain a better understanding of their oversight role. The framework should have attributes that contribute to effective governance and tools for addressing governance risk. A framework also provides a more cogent construct for evaluating how management’s responsibilities fit with the board’s oversight responsibilities.
Contributors: Deloitte ConsultingCategories: Industry Articles, SIG U Resource
SRC Type: Risk Management, Sourcing Management, Third Party Management