Explore essential governance practices for maintaining healthy open source projects in this informative conference talk. Learn why governance is crucial, even for small projects, and how to establish basic documentation for decision-making processes and project maintenance. Discover the importance of mission statements, values, principles, and scope in setting clear expectations. Examine strategies for defining roles, responsibilities, and procedures within your governance model. Understand how contributor ladders can facilitate leadership development. Compare the advantages and disadvantages of keeping a project within a company versus contributing it to a neutral foundation. Gain practical advice on creating fair and neutral governance structures and processes, and recognize that governance should evolve as your project grows. Equip yourself with the knowledge to foster transparency, manage expectations, and resolve conflicts effectively in your open source endeavors.