Governance & Leadership
Accountability framework: Definition and Commercial Context
A documented arrangement assigning responsibility for outcomes and decisions.
Read definitionTerminology for ownership, accountability, decision rights, controls, assurance and leadership across the commercial system.
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Definitions
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Governance & Leadership
A documented arrangement assigning responsibility for outcomes and decisions.
Read definitionGovernance & Leadership
A structured approach to obtaining confidence that objectives and controls are met.
Read definitionGovernance & Leadership
A record that allows activities, changes or decisions to be traced.
Read definitionGovernance & Leadership
A table showing who may approve specified decisions or commitments.
Read definitionGovernance & Leadership
The structures and practices through which a board oversees organisational direction and performance.
Read definitionGovernance & Leadership
Clear responsibility for commercial decisions, activities, controls and outcomes, including who must explain and act on results.
Read definitionGovernance & Leadership
The structures, decision rights, accountability and controls used to direct and oversee commercial activity across organisational functions.
Read definitionGovernance & Leadership
The capability to set commercial direction, allocate authority and resources, resolve trade-offs and govern execution.
Read definitionGovernance & Leadership
Governance of the commercial revenue lifecycle across strategy, demand, sales, delivery, retention and expansion, rather than solely accounting recognition and reporting.
Read definitionGovernance & Leadership
The oversight of obligations arising from laws, contracts and internal policies.
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