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In this episode of Governance 360, hosted by Arvind Kumar, governance expert Paul Dubal delves into the complexities and responsibilities of modern governance. They discuss the importance of the ISO 37,000 standard, a global framework that emphasizes purpose, ethics, and accountability across diverse organizations. Paul highlights the evolution of governance, from compliance-focused practices to strategic, culturally integrated frameworks. The conversation reveals the gaps in Canadian governance practices and underscores the transformative potential of adopting ISO 37,000. Paul also discusses the value of the ISO 37,000 certification for governance professionals, aiming to enhance their influence and effectiveness within organizations.

00:00 Introduction to Governance Evolution

00:52 Welcoming Paul Dubal (Guest)

01:34 The Evolution of Governance

02:06 The Changing Landscape of Governance

06:44 Overview of ISO 37,000

11:21 Implementing ISO 37,000 in Canada

25:13 The Role of Governance Professionals

27:37 Conclusion and Final Thoughts

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© 2025 Governance 360. All rights reserved.

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In this episode of the Governance 360 podcast, hosts Arvind Kumar and Sapna Gupta delve into what makes a board truly effective. They discuss practical strategies for improving board performance, with insights drawn from key governance resources like the Canadian Securities Administrator's policies, the Canadian Coalition for Good Governance principles, and Imagine Canada standards for nonprofits. The episode stresses the importance of board independence, diverse perspectives, continuous skills development, and honest evaluation in driving successful decision-making and accountability. It also includes a myth vs. reality rapid-fire round to clear common misconceptions about board governance.

00:00 Introduction and Welcome

00:35 Cutting Through Boardroom Jargon

01:29 Exploring Effective Board Structures

01:58 Case Studies: Governance Failures

02:53 The Importance of Board Independence

04:01 Open Communication in the Boardroom

05:09 Skills and Competencies on the Board

09:44 Decision Making and Accountability

12:00 Myth vs. Reality: Governance Quick Fire Round

14:09 Final Thoughts and Takeaways

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Subscribe to the podcast on Spotify, Apple Podcasts, or wherever you listen.

© 2025 Governance 360. All rights reserved.

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What does governance really mean — and where did it all begin?

In this inaugural episode of the Governance 360 Podcast, hosts Arvind Kumar and Sapna Gupta dive into the origins and evolution of corporate governance, from early merchant charters and fiduciary duties to modern regulations and reforms. They explore global turning points like the Cadbury Report, Dey Report, and the rise of comply or explain in Canada, while reflecting on scandals like Enron, WE Charity, and the governance lessons they brought to the surface.

They also unpack how nonprofit and private sector governance has evolved in Canada — including the impact of CNCA, ONCA, and the rise of voluntary frameworks like Imagine Canada’s Standards. Plus, a candid take on why Robert’s Rules of Order may no longer be enough in today’s strategic boardrooms.

Whether you're a governance professional, director, or curious learner — this episode sets the tone for an insightful, practical, and engaging journey through governance in all its forms.

🎧 Topics include:

• The story behind “corporate governance”
• What the Dey Report changed in Canada
• G20/OECD governance principles and Canada’s global alignment
• Governance shifts in nonprofits and private companies
• Why legislation alone isn’t enough
• A fresh look at Robert’s Rules in modern boardrooms

Stay connected with Governance 360:
Follow us on LinkedIn: Governance 360 LinkedIn Page

Subscribe to the podcast on Spotify, Apple Podcasts, or wherever you listen.

© 2025 Governance 360. All rights reserved.