Key Principles of Governance

Living Well aspires to key principles of good governance as prescribed by The Code Steering Group ‘Good Governance: A Code for the Voluntary and Community Sector’ (October 2010). Underlying each of these is the precept of equality – ensuring equity, diversity and equality of treatment for all sections of the community. This is fundamental to the work of Living Well.

Living Well’s key principles of governance are as follows:

  • The organisation will be led and controlled by an effective Board that collectively ensures delivery of its services, sets its strategic direction and upholds its values.
  • The Board are collectively responsible and accountable for ensuring and monitoring that the organisation is performing well, is solvent, and complies with all its obligations.
  • The Board has clear responsibilities and functions, and is composed and organised to undertake them effectively.
  • The Board will periodically review its own and the organisation’s effectiveness, and take any necessary steps to ensure that both continue to work well.
  • The Board will set out the functions of sub-committees, officers, the Managing Director, other staff and agents in clear delegated authorities, and will monitor their performance.
  • The Board and individual Directors will act according to high ethical standards, and ensure that conflicts of interest are properly dealt with.
  • The Board will be open, responsive and accountable to its users, beneficiaries, partners and others with an interest in its work.