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GOVERNANCE AND MANAGEMENT OF THE SERVICE POLICY Mandatory Quality Area 7 PURPOSE This policy outlines the duties, roles and responsibilities of the Committee of Management of Baldwin East Kindergarten.
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01
Identify key stakeholders: Start by identifying the individuals or groups who have a significant interest in the governance and management of the organization. This may include board members, executives, employees, shareholders, customers, and regulatory bodies.
02
Define the governance structure: Determine the overall governance structure of the organization, including the roles and responsibilities of different stakeholders. This may involve creating a board of directors, establishing committees, and defining decision-making processes.
03
Establish policies and procedures: Develop clear and comprehensive policies and procedures that guide the governance and management activities. This may include policies on financial management, risk management, compliance, and ethical standards.
04
Set strategic goals and objectives: Collaborate with key stakeholders to set strategic goals and objectives for the organization. These goals should align with the organization's mission and vision and provide a clear direction for decision-making.
05
Implement accountability mechanisms: Put in place mechanisms to ensure accountability within the governance and management framework. This may include regular reporting, performance evaluations, and internal audits to monitor progress towards goals and objectives.

Who needs governance and management of:

01
Organizations of all sizes: Regardless of their size or industry, all organizations require governance and management to ensure effective decision-making, accountability, and the achievement of strategic objectives.
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Publicly traded companies: Publicly traded companies have a legal and ethical obligation to implement robust governance and management practices. This is to protect the interests of shareholders, ensure transparency, and meet regulatory requirements.
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Non-profit organizations: Non-profit organizations, including charities and foundations, also need governance and management. This ensures that they fulfill their mission, effectively allocate resources, and maintain trust and credibility among their stakeholders.
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Government agencies: Government agencies require governance and management to ensure effective operation, transparency, and accountability in delivering public services and managing public resources.
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Educational institutions: Educational institutions, such as schools, colleges, and universities, need governance and management to ensure quality education, compliance with regulations, and responsible financial management.
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Governance and management of refers to the procedures and practices put in place to oversee and direct the activities of an organization.
Organizations, businesses, and institutions are required to file governance and management reports.
Governance and management reports can be filled out by providing detailed information about the organizational structure, decision-making processes, and leadership roles within the organization.
The purpose of governance and management reports is to ensure transparency, accountability, and effective oversight within an organization.
Information such as board composition, executive compensation, conflict of interest policies, and strategic planning processes must be reported on governance and management reports.
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