Decision-Making Matrix for Governance

Overview

This tool provides clarity about who might have the ultimate say, which decisions are collaborative among two or more individuals; who needs to be brought into the conversation and when, even if they are not part of the decision; and who needs to be informed. This example highlights the range of decisions, from big to small, that family ownership and business leadership are engaged in. This matrix also can help you identify and delineate which decisions are ownership (or Board) decisions, and which are management decisions.