Arrange the following steps in correct sequence to establish effective governance in higher education institutions.

The correct sequence is to establish a governing body with clear roles, formulate policies ensuring transparency and accountability, involve faculty, staff and students in decision-making, monitor and evaluate implementation, and then review and update policies.

Setting up a governing body with defined roles comes first as the foundation of governance.

Framing policies that ensure transparency and accountability follows once the body exists.

Involving faculty, staff and students brings participation into carrying out those policies.

Monitoring and evaluating implementation checks how well the policies work in practice.

Reviewing and updating policies on feedback closes the loop and keeps governance responsive.