The board plays a crucial role in implementing the governance operating model. It helps in translating governance principles into practices by defining roles, responsibilities, accountabilities, information flows, and guidelines. The board ensures that governance responsibilities are fulfilled by having a clear understanding of management's decision-making and risk-management processes. It also helps in coordinating actions by balancing considerations regarding centralization vs decentralization and considering local business, customer, compliance, legal, and other needs. Lastly, the board increases effectiveness by using a model with specific data that the board and its committees require.
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