Organization Governance Practice
(Redirected from governance practice)
An Organization Governance Practice is an organizational practice that establishes systematic oversight approaches (for managing organizational control, accountability systems, and decision making).
- AKA: Entity Governance Practice.
- Context:
- It can typically establish Governance Framework through control structure and oversight mechanisms.
- It can typically ensure Organizational Control through policy implementation and compliance monitoring.
- It can typically manage Decision Authority through governance hierarchy and approval systems.
- It can typically maintain Stakeholder Accountability through reporting systems and disclosure practices.
- It can typically oversee Performance Management through monitoring systems and evaluation processes.
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- It can often implement Ethics Program through code enforcement and integrity measures.
- It can often facilitate Strategic Decision through decision framework and approval processes.
- It can often manage Resource Allocation through resource control and distribution systems.
- It can often ensure Risk Management through risk assessment and mitigation practices.
- It can often support Change Management through transition control and adaptation processes.
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- It can range from being a Simple Governance Practice to being a Complex Governance Practice, depending on its organization size.
- It can range from being a Local Governance Practice to being a Global Governance Practice, depending on its geographic scope.
- It can range from being a Traditional Governance Practice to being a Digital Governance Practice, depending on its technology adoption.
- It can range from being a Centralized Governance Practice to being a Distributed Governance Practice, depending on its control model.
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- It can implement Leadership Oversight through management control and supervision systems.
- It can establish Policy Framework through policy development and enforcement mechanisms.
- It can maintain Compliance System through requirement monitoring and adherence verification.
- It can support Audit Function through review processes and assessment systems.
- It can enable Control Structure through authority hierarchy and responsibility frameworks.
- It can drive Performance Oversight through metric tracking and evaluation systems.
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- Examples:
- Core Governance Practices, such as:
- Leadership Governance Practices, such as:
- Policy Governance Practices, such as:
- Control Governance Practices, such as:
- Risk Governance Practices, such as:
- Compliance Governance Practices, such as:
- Stakeholder Governance Practices, such as:
- Internal Stakeholder Practices, such as:
- External Stakeholder Practices, such as:
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- Core Governance Practices, such as:
- Counter-Examples:
- Individual Management Practices, which lack organizational scale and systematic approaches.
- Informal Control Methods, which lack structured oversight and formal processes.
- Advisory Practices, which provide recommendations without control authority.
- Operational Procedures, which implement task execution rather than governance control.
- Project Management Practices, which focus on temporary initiatives rather than ongoing governance.
- See: Control System, Oversight Framework, Governance Structure, Leadership Practice, Risk Management, Compliance Framework, Stakeholder Management, Performance Management, Policy Framework, Decision Making System.