ISO 37000 gives guidance on the governance of organizations.
It is applicable to all organizations regardless of type, size, location, structure or purpose.
The standard provides principles and key aspects of practices to guide governing bodies and governing groups on how to meet their responsibilities so that the organizations they govern can fulfil their purpose.
ISO 37000 is important for all other stakeholders involved in, or impacted by, the organization as it provides clear guidance on what should be expected for the organization’s effective governance.
The Standard is written to apply to any type of entity, public, private, state owned, that has a governing body or similar. The core principle of purpose will help organizations develop their mission, vision, values, and culture, as well as help to shape the strategic direction of the entity.
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