ISO 37000

ISO 37001 Guidance for the Governance of Organizations -- Requirements' [1]The scope of ISO/NP 37000 is defined as follows:

“This document gives guidelines for the governance of organizations. It provides key principles, relevant practices and a framework to guide the governance of organizations in how to meet their responsibilities so that organizations can fulfil their purpose.

It is applicable to all organizations, regardless of type, size, location, structure or purpose."


The ISO 37000 standard is aimed at:

Clarifying the distinction between the governance realm and the management realm. Supporting existing national legislation, policy, regulation, or guidance (*). Considering existing international guidance relating to the governance of organizations (*). Proposing a consistent set of recommendations (definitions, framework, practices) for organizations to cope with different environments and stakeholders. Facilitating the setup of a clean and complete design of the governance of an organization, as a system. (*) which are sometimes limited to particular industries, interest groups, fora, or specific kinds of organizations.

Background

In November 2016, ISO/ TC309 decided to explore the opportunity for a new international guidance standard on the governance of organizations.

In September 2017, work on the new standard ISO 37000 “Guidance for the Governance of Organizations” was assigned to ISO/TC 309 Working Group 1 (WG1).

WG1 is developing the Draft International Standard (DIS) which is due for wider consultation among national member bodies and external liaisons in Q2 of 2020. The standard is scheduled for publication in 2021.


Intent of the standard

Governance of an organization is the next upcoming challenge for organizations.

Governance of an organization helps to:

Reflect the identity, mission or purpose of the organization with respect to society and its stakeholders. Increase organizational effectiveness, sustainability, accountability and fairness. Fulfil the organization’s purpose. Avoid major incidents. There is a steady flow of major or adverse incidents and perceived abuses of authority. Enron, Lehman Brothers, FIFA, and other high- profile organizational failures demonstrate just how essential governance is to organizations.

The ISO 37000 standard is developed for any type or size of organization.

The starting definition of governance for ISO/TC 309 Working Group 1 (WG1) is "the system by which the whole organization is directed, controlled and held accountable to achieve its core purpose over the long term" (BS 13500).

History
Year Description
2021ISO 37000 (1st Edition)
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See also

References
  1. International Organization for Standardization, ISO 37001 – Anti-bribery management systems
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