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At the end of a brainstorming session, participants are often asked to
Governance
Governance encompasses all of the processes of governing, whether undertaken by a government, market, or network, over a social system (family, tribe, formal or informal organization, a territory or across territories) and whether through the laws, norms, power or language of an organized society.
Investment Policy Statement
A document that outlines an individual's or entity's investment goals, strategies, and constraints.
Risk Management
The process of identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of unfortunate events.
Income Beneficiary
An individual or entity entitled to receive income generated from a trust, estate, or account, rather than the principal sum itself.
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