How Are Public Sector Organizations Different?
Public sector organizations are individual legal entities overseen by a board of directors in the same way that private sector companies are. The main difference is that public sector organizations are established by a government. There can be significant differences in legal, regulatory and operational environments that shape the responsibilities and expectations facing public sector directors and the ongoing involvement of Government in the everyday operation.
This 7-page article addresses the follow topics
- Public Sector to Serve the Public
- Government’s Role
- Establishing the Entity
- Setting Boundaries
- Public and Private Sector
- Accountable to the Public
- Constitution, Bylaws and Governance Policies
- Public Sector Board Responsibilities
- Committees and Other Mechanisms
- Board Chair
- Individual Directors
- High Standards for Directors
- Chief Executive Officer
- Assessments to Ensure Accountability