Most organizations have governance, but few actually govern.
Policies exist. Frameworks are documented. Audits are completed. But the system on paper and the system in practice are rarely the same, and that gap is where risk lives, where accountability dissolves, and where good intentions quietly fail.
Governing by Assurance offers a practical approach for closing that gap. David Nichols and Rick Lemieux of the DVMS Institute argue that real governance is not a compliance exercise: it is the ongoing work of aligning organizational capabilities with stated intent and verifying that the alignment holds. Drawing on the DVMS Governance, Resilience, Assurance, and Accountability model, this book provides executives, risk professionals, and operational leaders with a shared language and a practical method to turn governance from a paper artifact into a living system. For organizations tired of finding that their controls looked better on the last audit than they performed during the last incident, this book is the place to start.
