Assignment on Governance and Management

Governance is a structure and process which ensures the responsibility, simplicity, awareness for the
different rule for the law, strength, equity as well as the detail of the empowerment. Norms, values
and the rules are being represented by governance. Using the different rules and regulation the
public affairs are managed in a clean, broad and easy to understand manner. The governance can be
delicate but it cannot be easily noticeable. In another way where the citizen and the stakeholders
are communicating and also making themselves involved in different types of public affairs are
known as governance. It is an important part of the body of government.
Management is defined as the daily program with the execution of typical strategies, rules, and
regulation, the process, and procedures to execute the rules which should be designed by the
governing bodies who are concerned only with the right decision also the management is
responsible for performing the right thing which will execute and gives a right output.
The governance and the management are not unbendable in accordance with the limit between
them. Exactly in the program both the maturity and the size can perform the manipulation. The
manipulation intern gives the result about the separation between the structure of the management
and the governance. The programs having low maturity level will take some time to create a formal
mechanism. The programs having small in size may tend to have a higher responsibility in staffing
and financial resources. Those programs can manage the governing bodies and are moreover
involved in taking management decision in a daily basis.
The governing bodies of GRPPs typically exercise six core functions:
Strategic direction: It decides the organization planning for[1] the future goal. I t gives the exact
roadmap for the operation.
Management oversight: The decision made by the management to perform the action either
weekly, quarterly or annually.
Stakeholder participation: The organization makes the people to involve who are going to get
affected by the decision taken by them.
Risk management: It is a process to identify and manage the risk which is going to affect the
company.
Conflict management: The aim of conflict management is to detect the conflict occurs in learning
and business outcomes and provide[2] the solution for the real conflict in a easy and understandable
manner.
Audit and evaluation: An audit is a process to find out the authenticity and the validity of the
product and the project and the evaluation is a process to evaluate the standard and the quality of
the product after the production [3].
Governance Management
 Strategic vision and direction formulate
high-level goals and policies.
 Ensure management and
organizational performance to work in
the interests of the public, and more
specifically the stakeholders.
 Ensure that the organization is
 Run the organization with achieving
the goals and direction set by the
governing body.
 Implement the decisions within the
context of the mission and strategic
vision.
 Be responsive to requests for

achieving the desired outcomes. additional information
The board members including the directors and the senior is responsible for Information security
governance. It should be a necessary and clear part of project governance and be associated with
the IT governance framework. The senior executives are responsible for responding to the concerns
and sensitivities raised by information security. The boards members including directors will
gradually more to be expected to create information security of an intrinsic part of governance,
integrated with processes they already have in place to govern other critical organisational
resources.
Information security is a policy which is typically involve in physical and digital measure to provide
security to the governing bodies and their decision. It is a good practice to prevent from the
unauthorized access and disclosure of the important data. As the decision taken by the governing
bodies and the management are confidential and it is very necessary to protect those data and
involve the information security for the data.
There are many aspects to information security governance.
• Desired outcomes of information security governance
• Knowledge and protection of information assets
• Benefits of information security governance
• Process integration
References:
1. https://www.careersinaudit.com/article/the-importance-of-risk-management-in-an-
organisation/
2. http://businessfinancemag.com/business-performance-management/risk-strategic-
planning-process
3. www.diffen.com/difference/Audit_vs_Evaluation
4. http://www.latrobe.edu.au/about/governance/committees/induction-toolkit/decision-
making-bodies