Governance structure
Governance structure refers to the framework that outlines how an organization, community, or government operates and makes decisions. It includes the roles and responsibilities of various participants, such as leaders, board members, and stakeholders, as well as the processes and policies that guide their actions. This structure ensures accountability, transparency, and effective management, enabling the group to achieve its goals and respond to challenges. In essence, it’s like the organizational blueprint that helps coordinate efforts and maintain order within a system, whether it's a corporation, a non-profit, or a governmental body.
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Governance structure refers to the system of rules, practices, and processes that guide how an organization or community operates. It defines roles and responsibilities, decision-making processes, and the flow of information. Essentially, it's the framework that ensures effective management, accountability, and transparency. In a government context, it includes institutions like the executive, legislative, and judiciary branches. In businesses or non-profits, it encompasses boards of directors, management teams, and stakeholders. A well-designed governance structure helps to align interests, reduce risks, and improve overall performance.