Honest, regular and useful communication between a board, managers, members and stakeholders is essential for achieving an organisation’s goals. It is also important for staying legitimate and credible.
Members and stakeholders need a clear view of how the organisation is going and what the plans are for its future. They also need to know that the governing body is working in the best interest of the organisation and meeting their legal and ethical obligations.
An organisation’s rules and funding agreements usually set out how the governing body should communicate and with whom.
An organisation’s transparency, accountability and legitimacy are all improved by communicating well. This means senior managers should:
Giving information to members is important for good governance and accountability.
For example:
A critical role of management is collecting information, analysing it and communicating it to the governing body, members, staff and other stakeholders.
Good decisions depend on receiving enough reliable information to be able to make an informed choice. Organisations need good processes to convert information into advice and options.
These processes include:
Read next: 5.5 Effective planning
Read previous: 5.3 Running effective meetings