What Does the Governance Committee Do?
“ With great power comes great responsibility.” This is a famous line you probably associate with leadership and governance, or simply, boards. Boards hold both great power and responsibility over the company they’re serving. Tasked with oversight, they are responsible for checking the progress of strategies and operations. However, the boards themselves, whether for-profit or nonprofit, may also need an entity to oversee them. This is where the governance committee comes in.