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The Pitfalls of Policy Based Leadership
In a nutshell, policy based governance is based on separating organizational purpose from all other organizational issues. Dr. Carver calls this “ends” versus “means.” A board of directors is responsible for the large scale, purpose functions while the chief executive, president or other company officer is responsible for all tactical and operational issues. Dr. Carver proposes that duplicity is reduced and lines of accountability are made much clearer.

Other policy governance Related Articles

More Than Money
This is the first in a series of articles that examine some of the analysis and solutions provided by the work of John Carver and his Policy Governance® model for the governance a board of directors (www.policygovernance.org), applicable to business, government and non-profit organizations.

Bored Dumb
This is the second in a series of articles that examine some of the analysis and solutions provided by the work of John Carver and his Policy Governance® model of board of director governance (www.policygovernance.org), applicable to business, government and non-profit organizations that want to increase their organizational effectiveness

Board Development
This is the third in a series of articles that examine some of the analysis and solutions provided by the work of John Carver and his Policy Governance® model for board of directors governance (www.policygovernance.org), applicable to business, government and non-profit organizations that want to increase their organizational effectivenessthat want to increase their organizational effectiveness.

Board Fundamentals
This is the fourth in a series of articles that examines some of the analysis and solutions provided by the work of John Carver and his Policy Governance® model of board organization, applicable to business, government and non-profit organizations that want to increase their organizational effectiveness.

An Overview of Policy Governance
Policy Governance® is a registered trademark of John Carver. A brief report of his book, Corporate Boards that Create Value, follows:

5.1 It is not just a matter of policy as institutions matter in diversification efforts: Economic Report on Africa 2007
Governance is one of the variables that capture the part that institutions play and it emerges as strongly significant. In fact, in absolute terms, looked at from the regional level, governance has stronger marginal effects compared to other variables in our investigations.

African Reforms are essential to Boost Private-sector Development and Improve Governance
The capacity of smoothing shocks highly depends on the ability of African policy makers to diversify their economies. Boosting the private sector and improving economic and political governance are crucial.

Preface: HUMAN CAPITAL FORMATION AND FOREIGN DIRECT INVESTMENT IN DEVELOPING COUNTRIES
The main theme for the programme of work 2001-2002 at the Development Centre was Globalisation and Governance. Multinational enterprises (MNEs) are a key actor of globalisation and also raise numerous governance issues. Accordingly, their role in poor countries has always interested the development community

Monetary Police is Science, Everything Else is Stamp-Collecting
This new Eric Leeper paper seems delusional in arguing that monetary policy is science, while fiscal policy is stamp-collecting, but I maybe I'm just being crotchety. The piece also comes up with the new-to-me argument that monetary policy would be even better science if it weren't for fiscal policy mucking things up.

Insurance Defense Costs
Does Your Business Insurance Policy Cover Defense Costs Within the Insurance Limit or Defense Costs Outside of the Insurance Limit? Did you know that a liability policy, which is part of any typical business insurance policy or commercial insurance policy coverage, has two distinct obligations? A liability insurance policy, if it is a general liability, product liability or professional liability insurance policy is designed to protect you against your legal obligation to pay others because you have hurt them and/or have damaged their property. A policy also defends you against claims or lawsuits. In other words, besides paying for claims or suits, a liability policy also pays for their related legal costs and court fees.

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