GovernanceSystems
Governance Systems refer to the structures, processes, and mechanisms through which authority is exercised, decisions are made, and accountability is maintained within organizations, sectors, or digital ecosystems. They establish who has decision rights, how policies are formulated, how risks are monitored, and how performance is reported. Governance systems are distinct from management in that they set objectives, boundaries, and accountability, while management carries out operations.
Key components include governance bodies (such as boards or councils), defined roles and incentives, compliance and
Domains of governance span corporate governance, public or governmental governance, IT governance, data governance, and environmental,
Frameworks and standards provide guidance for design and assessment. Notable examples include the COSO Internal Control
Implementation involves aligning governance with strategic objectives, building accountability through boards and committees, investing in controls
Related topics include corporate governance, IT governance, data governance, ESG, risk management, and regulatory compliance.