G, governance, is the internal system of practices, controls, and procedures your company adopts in order to govern itself, make effective decisions, comply with the law, and meet the needs of external stakeholders. Every company, which is itself a legal creation, requires governance.
Governance
1. Company Goals
Vision, Mission & Values
Goal-setting
2. Ownership
Employee Incentive Plans
3. Decision-Making
Communication
4. Misconduct Reporting System
Zero Tolerance Policy