Good Governance
Governance is the need of the hour in the development sector in order to ensure and promote application of best management practices, compliance of law and adherence to best possible ethical standards. The entire management processes and practices of MSN are in compliance with the principles of Good Governance’.
I. Making Policies & Decisions
MSN, from the inception itself, works on a delegated work environment. Each and every person in the organization is involved in the process of decision making in a scientifically designed system. Making Policy & Decision in the Trust are done through a four-tier system.
a. Departments & Divisions
Monthly review meetings are held for each division and department regularly.
b. Executive Committee
The Executive committee manages the Trust’s operation directly and it reports to the Board of Advisors. Members of this committee are professionals working with MSN Trust and it is mandatory to include a member from the Board of Advisors. The Executive Committee of MSN Trust holds a meeting each Quarter (every three months) and looks after day-to-day management.
c. Advisory body
The board of advisors comprises of technically competent people from diverse backgrounds and expertise. The body is formed for a period of one year and a few independent members with eminence and reputation are nominated each year. Members of this board also meet once every Quarter. The Board of Advisors advises the Trustees of MSN Trust, taking regular inputs from the Executive Committee.
d. Board of Trustees
The board of trustees sets the vision and broad guidelines for the Foundation and ensures good governance in liaison with the Board of Advisors; although, the Board of Trustees is not involved in the day-to-day operation of Smile Foundation.
II. Credibility Norms
MSN Trust encourages its partners to follow Credibility norms for ensuring good governance in the development sector. MSN Trust also follows norms of good governance itself. The Foundation strives to build capabilities of its grassroots NGO partners towards good governance. The Governance & Credibility System includes a systematic set of norms, which is administered and monitored by a qualified Chartered Account.
III. Project Management & Monitoring system
The project management & monitoring system in MSN Trust comprises of a systematic and well laid down processes. These are as follow –
a) Desk Appraisal
Prospective proposals are put through the desk appraisal process at respective programme divisions.
b) Monitoring
Once a partner is selected under a particular programme, an MoU is signed, guidelines and initial trainings are imparted and the particular project is started. The project is put under a systematic and periodic monitoring system. The processes include the following steps:
c) Project Auditing; ii. Activity Report Analysis; iii. Field Evaluation
The process of project monitoring is followed by impact analysis, which is a done internally; and external evaluation, done by an external and professional agency.b bbb vbb