A governance model is a framework that outlines an organisation’s general leadership accountabilities and describes how leaders and members interact with other parties.  A governance model is important for the following reasons: describes how roles function and work together, encourages accountability and transparency, relates directly to the organisation’s mission, vision, and values, sets the stage for strength and productivity, and promotes trust in the organisation’s stakeholders.  Example: A nonprofit organisation has a governance model where a board of directors makes high-level strategic decisions, while day-to-day operations are managed by an executive director.