This high level training session introduces the core principles of effective governance, setting the stage for the more in depth governance series that will be offered this fall. Participants will gain a clear understanding of the characteristics that define healthy, high performing boards and the legal framework within which governance operates. The session will explore the evolution and purpose of governance, accountability to your shareholders, and the roles and responsibilities of directors. It will also provide an overview of key risk concepts, including types of risks, risk policy frameworks, risk assessment and mitigation approaches. Together these elements form the foundation of sound governance practices essential for resilient well run family enterprises.