Definition
Governance refers to the systems, processes, and institutions that are in place to manage an organization, country, or other entity. It involves making decisions, setting policies, and ensuring accountability.
What’s Involved
In the context of organizations, governance typically involves:
- Leadership: The people who are responsible for making decisions and setting direction.
- Structure: The organizational structure, including the roles and responsibilities of different departments and individuals.
- Systems: The systems and processes that are used to make decisions, manage resources, and ensure compliance with laws and regulations.
- Accountability: The mechanisms that are in place to hold people accountable for their actions and decisions.
Why It’s Important
Good governance is essential for the success of any organization, as it helps to ensure that decisions are made in the best interests of the organization and its stakeholders.
James McKenna
James McKenna is a seasoned healthcare executive coach with a proven track record of optimizing organizational performance. Drawing on extensive experience working with executive, physician, and nursing teams at leading health systems nationwide, James brings a wealth of knowledge to his role as a healthcare leadership consultant.