governing board
Học thuậtThân thiện
Definition
Noun: A group of people who are officially responsible for directing and controlling the activities and policies of an institution or organization. It is the highest authority for strategic oversight and decision-making.
Usage
A governing board is typically responsible for setting the mission, ensuring financial health, hiring and evaluating the chief executive, and providing fiduciary oversight. It does not manage day-to-day operations but governs them. - The university's governing board approved the new strategic plan. - All major financial decisions must be ratified by the governing board.
Advanced Usage
- "to sit on the governing board": To be a member of the board.
- She sits on the governing board of several non-profit organizations.
- "governing board meeting": A formal gathering of the board members to conduct business.
- The issue will be discussed at the next governing board meeting.
Variants and Related Words
- Board of Directors: A very common synonym, especially for corporations and large organizations.
- The board of directors voted to issue a dividend.
- Board of Trustees: Often used for educational institutions, foundations, or endowments.
- The museum's board of trustees oversees its collection.
- Board of Governors: Used for some regulatory bodies, central banks, or large institutions.
- The Board of Governors of the Federal Reserve sets monetary policy.
Synonyms
- Board: The most general and frequently used synonym.
- Directors: Can refer to the group collectively.
- Steering committee: A committee that provides high-level guidance, though often with a more specific, project-based focus than a full governing board.
Related Phrases
- Report to the board: To be accountable to the governing board.
- The CEO reports directly to the board.
- Board-approved: Sanctioned or authorized by the governing board.
- This is a board-approved policy.
Noun
- a board that manages the affairs of an institution