The Evolution of Governance Education

Published date01 September 2016
AuthorRose Mercier
DOIhttp://doi.org/10.1002/bl.30053
Date01 September 2016
NUMBER 147, SEP.–OCT. 2016
www.boardleadershipnewsletter.com
(continued on page 2)
The Evolution of
Governance Education
by Rose Mercier
Rose Mercier, chair of the International Policy Governance Association (IPGA),
provides a brief overview of the evolution of the need for governance education
and the programs to fulll it and introduces a new program from IPGA.
BOARD LEADERSHIP
INNOVATIVE APPROACHES TO GOVERNANCE
View this newsletter online at wileyonlinelibrary.com
Board Leadership • DOI: 10.1002/bl • Sep.-Oct. 2016
Governance: An Old Idea
A
colleague, Dr. Richard Biery,
whose extensive knowledge in
many fields I greatly admire, often
starts his work with a board by talk-
ing about the roots of the word gov-
ernance. It serves to emphasize that
the concept of governance has a long
history—some 2,500 years—although
its modern story is much shorter. The
word governance is derived from the
Greek words kubernesis and kuber-
nao, which mean to pilot or steer.
The job of the kubernetes was to
deliver the orders about the destina-
tion of the voyage; the kubernetes
stood next to the helmsman, whose
job was to navigate the ship toward
its destination. The kubernetes did
not take over the wheel and navigate.
He stood on the deck and monitored
the helmsman so he would know
if the ship was traveling toward its
intended destination. Implicit in the
charge to the helmsman was arriving
safely, without damaging the ship or
losing sailors at sea. (I am perhaps
only imagining that the Greeks would
find the latter unacceptable.)
The Romans Latinized the word
(gubernao) to described the same
function, and through the centuries it
was Anglicized. However, it is only in
the past twenty-five years that gov-
ernance has become widely used in
the modern lexicon, its relevance and
importance for today’s world being
rediscovered. Unfortunately, it has
taken scandal and malfeasant conduct
for corporations, nonprofit organiza-
tions, public agencies, and educational
institutions to look more closely at the
meaning and exercise of governance.
In the foreword of her 2003 book,
Corporate Governance, Carol Han-
sell, a highly respected Canadian
corporate lawyer, described how the
value of directors and corporate gov-
ernance was of little importance from
the 1950s through to the 1990s. She
relates the story of how Irving Olds,
then chair of U.S. Steel, estimated the
value of directors as that of “parsley
on fish—decorative but useless.” In
Duty Before Virtue: The
Real Ethical Dilemma Facing
Corporate Governance
Board Leadership is very
interested in the raging debate
on ownership taking place in the
corporate sector. Here is some
“fuel for the fire” from Austra-
lian lawyer, writer, and theorist,
Peter Tunic. http://ondirector-
ship.com/ondirectorship/2016-1
The Future of Governance
Dr. Colin Coulson-Thomas, a
lecturer in Human Resources &
Organisational Behaviour at the
University of Greenwich, United
Kingdom, has set out a brief
overview of the issues and ques-
tions that he believes today’s
board members should be con-
sidering. https://www.academia
.edu/19609082/The_Future_of_
Governance
The New Face of Facebook
The social network Face-
book has turned itself into one
of the world’s most influential
technology giants and wants
to become ever more power-
ful. How could this affect your
world? You can get a pretty
good idea from this Economist
article published in April of this
NEWS
ALSO IN THIS ISSUE
Whats It Worth? ................. 4
Food For thought .................. 4
For Your BookshelF.......... 6 (continued on page 8)

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