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The Community Living British Columbia Board of Directors (the “Board”) has a primary responsibility to guide the Crown Corporation’s short and long-term success, consistent with the Board’s responsibility to the Government and the stakeholders.
The Board is a fully functioning governing body. Its role is fiduciary. This complex and flexible concept is most often described as a duty of loyalty and good faith, and is set out in most Canadian statutes as a duty to act honestly and in good faith with a view to the best interests of the organization.
It includes a wide range of interests and responsibilities typically associated with a governing body – strategic planning, risk management, organizational and management capacity, internal control, ethics and values, and communications with stakeholders.
The Board has the responsibility to oversee the conduct of the organization’s business and to supervise management, which is responsible for day-to-day operations. In supervising the conduct of the business, the Board, through the Chief Executive Officer (the “CEO”), sets the organizational standards of conduct.
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