Governance for Co-op and Nonprofit Boards Part 2
In 2014, Columinate introduced co-ops to the Four Pillars of Governance in an effort to show how the Policy Governance model fits in a broader framework of governance. As part of his work as a Visiting Scholar at the Vincent and Elinor Ostrom Workshop on Political Theory and Policy Analysis, Art Sherwood collaborated with Marilyn Scholl and others from Columinate to create this model to help organizations govern flexibly and effectively. A model is a way of framing so that the parts and processes make sense. Our Four Pillars model is not about changing systems but is a new way of making sense of governance. In the eight years since we introduced it, we have found that it helps organize board thinking about the complex task of governance. It does not supplant other theories or systems of governance, but rather provides a framework for boards to use in developing and applying those systems.