DeepAnalysis

Good Governance and work culture

Good governance does not mean the rigid observance of a set of rules and procedures and their interpretation in a literal manner, but it is rather a culture and a style of governing the relations between different stakeholders in a climate of transparency, rule of law and ethical behavior.

° The organization should define its stakeholders, its policies for involving them in the governance process and its approach to communicating with them.

° The organization should issue a “Declaration of Principles and Values” that represent the culture of the organization, including respect for the law, transparency, respect of human rights, honesty and respect of internationally accepted rules of conduct.

° The organization should endeavor to continually improve its management and operational systems with a view to improving competence and efficiency