¨    Peer Review.   Periodic peer review of a management system can yield very positive long-term results.  Peer review encourages vitality in management, promotes confidence in succession plans, and reduces the risk of abuses of power.  Peer review should provide a commentary and perspective to owners and managers, rather than a scorecard or audit.  In selecting the reviewers, keep in mind that a review by persons who are predisposed to criticize, justify their efforts by finding fault, or promote their own self-interest can be counterproductive.

¨    Personal Liability.   Members of each governing body, including directors, trustees, and advisors, should be adequately protected from personal liability through a combination of insurance and legal arrangements.  The availability of appropriate insurance varies greatly depending on the exact context, but is almost always a challenge of some degree.