Managing corporate governance and board policies and charters

Managing corporate governance and board policies and charters is the capability of individuals to develop and implement effective governance frameworks and manage board policies and charters within a business. It involves understanding how to develop and implement governance policies and practices that promote transparency, accountability, and ethical behavior, and ensure that board policies and charters are up-to-date and aligned with business objectives.

Beginner competence definition

At a beginner level, individuals can perform basic tasks such as understanding corporate governance and board policies and charters concepts and principles, identifying governance and board policies and charters needs, and providing basic support for governance and board policies and charters activities. They have a basic understanding of regulatory requirements related to corporate governance and are able to work effectively in a team environment.

Intermediate competence definition

Intermediate individuals have a deeper understanding of governance and board policies and charters frameworks. They can develop and implement governance policies and practices that align with business objectives and comply with regulatory requirements. They are also able to manage the development and maintenance of board policies and charters, including reviewing and updating them as necessary.

Advanced competence definition

At an advanced level, individuals have an expert-level understanding of governance and board policies and charters frameworks. They can develop and implement complex governance and board policies and charters programs that involve assessing and mitigating governance risks, managing the development and maintenance of board policies and charters, and communicating policy and charter decisions to stakeholders. They have strong leadership and communication skills and can lead teams of governance professionals to achieve business objectives related to corporate governance and board policies and charters. They are knowledgeable about industry trends relating to corporate governance and board policies and charters and are able to recommend and implement best practices to ensure effective governance of the board and corporate governance policies and practices.