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Provide stockholder value
Gov should create real value for stakeholders
Holistic Approach
Gov systems should consider all relevant components
Dynamic Governance System
When changes happen in one part of the gov system, the entire system should adapt and stay relevant
Governance distinct from management
Gov and mgmt are separate functions with different roles
Tailored to enterprise needs
Gov systems should be customized to fit the unique goals, size, risk profile, and priorities of each organization - no one size fits all
End to end governance system
Governance should cover the entire organization