Governance [ˈɡəvərnəns]: the act or process of governing or overseeing the control and direction of something (such as a country or an organization)

The proliferation of CICs throughout the 1980s and 1990s (and a myriad of lawsuits) brought realizations and substantial academic thought about how to construct governance that can stand the test of time.  Perhaps the ultimate failure of CICs is choosing not to spend the time and money required to establish appropriate governance and oversight.  Investing appropriately in your governing documents will pay decades of dividends.  You need not start from tabula rasa.  Incorporate the lessons learned from thousands of your peers.

Quality, In-Depth Reading

Common Interest Communities: Private Governments and the Public Interest
Privatopia by Evan McKenzie
Beyond Privatopia by Evan McKenzie
The Condo Bible for Americans
The Condominium Concept
Be Reasonable!  How Community Association Can Enforce Rules Without Antagonizing Residents, Going to Court, or Starting World War III
Working with Your Homeowner's Association
Guilt by Association - A Survival Guide for Homeowners, Board Members and Property Managers
Managing the Florida Condominium

Includes pertinent context for common interest communities throughout the USA

Decision Making in Communities: Why Groups of Smart People Sometimes Make Bad Decisions
Community First! by Hyatt, McKenzie and Packard
Private Government and Public Authority - An Economist’s Look at Homeowners Associations - 110823

CAI & FCAR Publications

Illuminate YOUR Community!  Connect with the SMAARTE Group!