Question
A governance operating model is the mechanism used by the board and management to translate the elements of the governance framework and policies into practices, procedures, and job responsibilities within the corporate governance infrastructure. It is a tool that helps in the implementation of governance policies and procedures.
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Per Deloitte, "a governance operating model is the mechanism used by the board and management to translate the elements of the governance framework and policies into practices, procedures, and job responsibilities within the corporate governance infrastructure." And the benefits of using it include:
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