: Clearly separates the responsibilities of the board (governance) from the activities of executive management.
: Uses a diverse set of components (processes, structures, culture) that work together seamlessly.
The latest iteration, , is built upon six key principles for a governance system:
: Balances benefits, risk, and resources to satisfy those with a vested interest in the enterprise.
: Remains flexible; if design factors change, the impact on the governance system is considered.
: Covers all functions and processes within the enterprise where information is processed. Key Components & Structure