A Good Governance Award is a mark of confidence. It's a better reputation. It's about showing how strong is your board, how strong is your staff, how strong are your processes, and they deliver proof of integrity but for the work you are doing.
But it's also to reassure the funders and the public that the organisation is actually strong and solid. Well, for me, an annual report really is a window into the soul of an organisation. It's about style. Clearly it's important that it reads well, that it flows well, that it's clear, that it's concise, but most importantly it's about the substance, and sharing what your organisation does when it comes to financials, when it comes to excellence, governance, transparency and, most importantly, impact.
It was huge for the team. I mean, we have been lucky enough to win two Good Governance Awards in 2021 and 2024 for our annual report. For a small team - we're just 23 people, and only three or four in our finance team - the recognition from the Good Governance Awards was huge.
Carmichael have an excellent range of information resources on their website. They also have really helpful training that you can attend. So I would recommend that any organisation who's considering entering, they visit Carmichael's website and they have a look at the resources.
We found it very, very useful in our annual report. Oh, I would say enter your annual report. It doesn't matter what you think of it yourself. It doesn't matter if you haven't entered previously, because one of the great things is that even if it's not shortlisted, you are going to get feedback, and it'll be very clear where the areas are that need improvement.
So it's a great opportunity, and there are organisations in the past that weren't shortlisted, that got their feedback, implemented it and came back and were either shortlisted or won. So it's a great opportunity to make just even that improvement.
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