The Australian Institute of Company Directors offers a practical guide on governance of culture, grounded in director experience, expert insight and contemporary governance practice.
The resource sets out five principles across leadership, strategy, risk, governance and accountability:
- Principle 1: Leadership – Set the tone from the top
- Principle 2: Strategy – Integrate strategy and culture to drive performance
- Principle 3: Risk – Embed culture into risk management processes
- Principle 4: Governance and oversight – Establish processes and structures to support oversight
- Principle 5: Accountability and transparency – Promote trust and confidence
Each principle includes practical insights and guidance, key questions for boards, and indicators and red flags to help boards strengthen governance of culture.
