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Setting Up Best Practice Governance Structures
About this Resource
Governance ensures the integrity and effectiveness of an organization’s operations. It can be defined as a cultural orientation, a process framework, an organizational structure, and a set of assigned responsibilities. Together these components can be referred to as a governance ‘framework’.
Well defined governance structures are an important tool for any successful organization, and while there is no such concept as a one-size-fits-all governance structure or template, there are a number of generic components that should be considered.
The level of control built into governance structures will depend on a number of internal and external factors such as the industry the organization operates in, legislation and regulatory requirements, as well as the organization’s culture, size, geography and structure. Although there is no such concept as a one-size-fits-all governance structure or template, there are a number of generic components that should be considered. In this paper we will discuss a few components required for effective IT and enterprise governance.
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