Page 48 - AERC Strategic Plan 2 July2020
P. 48

THE AERC 2020–2025 STRATEGIC PLAN




                 The AERC Governance and

                 Management





               Responsibility for implementing the strategy rests here. Previous evaluations and
               reviews have underscored the effectiveness of AERC’s management and administration
               operations, coupled with the strength of its governing structures.


               Governance


               The AERC’s activities are managed by a governance structure comprising the Board of
               Directors, the Programme Committee, and the Secretariat supported by Academic
               Advisory Boards. The organs maintain distinctive functions and roles for effective
               coordination, implementation, and monitoring of activities, as well as management
               of resources. The Board of Directors is charged with fiduciary oversight, approving
               the Consortium’s five-year strategic plan and budgets, as well as providing oversight
               of programme management. An Audit and Risk Committee has been established to
               strengthen the risk-management and internal-control systems, with the support of an
               internal audit.


               The primary function of the Programme Committee is to set the research and training
               agenda in consultation with the Secretariat. The Academic Advisory Boards are
               responsible for the content and quality control of graduate programmes; approving
               programme content; and setting the criteria and procedures for evaluating quality of
               teaching in the economics, agricultural, and applied economics departments of network
               universities.




                                       AERC Governance Structure

                                                    BOARD OF
                                                    DIRECTORS


                                                                       Strategy
                                  PROGRAMME                         and resources
                                   COMMITTEE

                               Programme direction              ACADEMIC ADVISORY
                                                                     COMMITTEE

                                                                             Oversight for
                                                                         training programmes
                                                   SECRETARIAT


                                 Strategy development and programme execution


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