1. Governance in TMOs Paul Lusk Daphne Francis Steve O’Hagan

2. What is Governance? The system by which corporations are directed and controlled investopedia Policies and practice by which an organisation is directed and managed businessbal ls

3. Governance matters to  Government organisations  Companies  Community groups

4. In government … Good governance helps to strengthen democracy and human rights, promote economic prosperity and social cohesion, reduce poverty, enhance environmental protection and the sustainable use of natural resources, and deepen confidence in government and public administration UN Development Programme

5. In companies … Companies that moved from worst to best governance practice could expect a 10% increase in market value McKinsey study, 2000

6. What is Governance in a TMO?

7. You know governance in a TMO is good when…

8. NFTMO Code of Governance  M M  C C  A  S S

9. What is Governance?  Mission  Control  Accountability  Strategy

10. Mission  What makes a group special and different?  What are its values?  What is it FOR?

11. Who’s in control?  The Board or Committee must work together to have control over the TMO’s business

12. Accountability – who to?  Members  Tenants  The wider community  Landlord

13. Strategy  Aims – where are we heading?  Objectives – how will we know when we’ve got there?  Resources – what do we need to get there, and have we got it?  Best value – are we using the best means to achieve our aims?

14. NFTMO Code of Governance  www.nftmo.com under ‘Toolbox, we are well run and in control’  www.yourtmo.org.uk