This article analyzes the terms of Governance vs. Management in various contexts.
Part 1 of this series of articles explored the challenges associated with defining the concepts of data and information. Part 2 will delve into the various approaches to defining management and governance in a general linguistic context and the specific context of data management.
Governance
According to the Merriam-Webster dictionary, governance is “the act or process of governing or overseeing the control and direction of something.” In its turn, the verb govern means “to control, direct, or strongly influence the actions and conduct of [something].”
By synthesizing the definitions of “governance” and “governing,” we can define governance as the act or process of exercising authority, controlling, or overseeing the control and direction of an entity or a business capability.
In a business context, governance tasks can be understood as follows:
Exercising authority: Making and enforcing high-level decisions that shape the organization’s mission, vision, and values.
Controlling: Managing activities to ensure adherence to those decisions by implementing policies and regulations to mitigate risks and maintain compliance with laws and ethical standards.
Overseeing control: Monitoring and supervising management activities to ensure the effective use of resources and the achievement of organizational objectives.
Management
Let’s repeat this exercise for the definitions of “management” and “managing” from the Merriam-Webster Dictionary.
Management is the act of exercising executive, administrative, and supervisory direction of the business or conducting business.
Read further: https://datacrossroads.nl/2024/12/31/governance-vs-management-clarifying-the-divide/
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