When people organise communally to achieve a certain purpose, whether that purpose is to increase financial value for shareholders or to maximize social capital and quality of life for stakeholders, principles of governance will, at some stage, become material to the organisation’s ability to achieve that purpose in an ethical and sustainable manner.
Organisations, whether for profit or nonprofit, ought to set roughly similar goals in order to be as effectual as possible. These goals include, importantly, the effective management of risk and sustainability challenges to maximise the creation of social or other value over the short, medium and long term, and a high standard of ethical leadership. Good governance has additional benefits for non Govermental organisations (NGOs), including accountability to all stakeholders, and increased transparency.
Governance is the need of the hour in the development sector in order to ensure and promote application of best management practices, compliance of law and adherence to best possible ethical standards. The entire management processes and practices of SRS Ngo is in compliance with the principles of Good Governance’.
I. Making Policies & Decisions
SRS Ngo, from the inception itself, works on a delegated work environment. Each and every person in the organization is involved in the process of decision making in a scientifically designed system.
Making Policy & Decision in the Ngo are done through a four tier system.
A. Departments & Divisions
Monthly review meetings are held for each division and department regularly.
B. Executive Committee
The Executive Committee manages the Ngo’s operation directly and it reports to the Board of Advisors. Members of this committee are professionals working with SRS Ngo and it is mandatory to include a member from the Board of Advisors.
The Executive Committee of SRS Ngo holds a meeting each Quarter (every three months) and looks after day to day management.
C. Advisory Body
The Board of Advisors comprises of technically competent people from diverse backgrounds and expertise. The body is formed for a period of one year and a few independent members with eminence and reputation are nominated each year. Members of this board also meet once every Quarter.
The Board of Advisors advises the Trustees of SRS Ngo, taking regular inputs from the Executive Committee.
D. Board of Trustees
The Board of Trustees sets the vision and broad guidelines for the Ngo and ensures good governance in liaison with the Board of Advisors; although, the Board of Trustees is not involved in the day to day operation of SRS Ngo.