“All models are wrong, but some are useful”

Originally a reflection on statistical modeling, this quote from British statistician George E. P. Box can also be helpfully applied to most business and planning models commonly used in strategic planning and governance deliberations. The quote is similar to American scientist and philosopher Alfred Korzybski’s remarks that “the map is not the territory” and that… Continue reading “All models are wrong, but some are useful”

Purpose + Principles = Policies and Procedures

Not-for-profit directors generally understand that part of their governance role involves setting policies to guide the actions of office bearers, staff, and volunteers. However, not all of them have understood the importance of capturing the principles underpinning the policy in question. For the purposes of this article, the policies we are considering are ‘governance policies‘… Continue reading Purpose + Principles = Policies and Procedures