Chapter 1 Flashcards
• In 1992 the world bank introduced this as part of its criteria for lending to developing countries
good governance
is the name given to the entity exercising that authority.
Government
can most simply define as legitimate power to make decision on behalf of the organization.
Authority
the ability to influence the behavior of others, authority is the right to do so.
Power
rooted in history or tradition like monarchies.
Traditional authority
stems from personality-derives from individual’s extraordinary personal qualities
Charismatic authority
grounded in a set of impersonal rules. It is a form of leadership in which authority of a ruling government regime comes from system of bureaucracy, public choice and legality.
Legal authority
is to study the exercise of authority. Government is closely related to politics
study government
is the name given to the entity exercising that authority.
Government
can most simply define as legitimate power to make decision on behalf of the organization.
Authority
the ability to influence the behavior of others, authority is the right to do so.
power
is rooted in history or tradition like monarchies.
Traditional authority
stems from personality-derives from individual’s extraordinary personal qualities
Charismatic authority
is grounded in a set of impersonal rules. It is a form of leadership in which authority of a ruling government regime comes from system of bureaucracy, public choice and legality.
Legal authority
The system by which entities are directed and controlled
GOVERNANCE
to study the exercise of authority. Government is closely related to politics.
study government
defines governance as the process whereby societies or organizations make their important decisions, determine who has the voice, who is engaged in the process, and how an account is rendered.
INSTITUTE ON GOVERNANCE( IOG)
It assures that corruption is minimized, The views of minorities are taken into account, and that the voices of the most vulnerable in society are heard in decision-making. It is also responsive to the present and future needs of society.
GOOD GOVERNANCE
CHARACTERISTICS OF GOOD GOVERNANCE
- Participation
- Consensus orientation
- Accountability
- Transparency
- Responsiveness
- Equity and Inclusiveness
7.Effectiveness and efficiency
8.Rule of Law
All men and women should have a voice in decision-making, either directly or through legitimate intermediate institutions that represent their interests.
Participation
Good governance mediates differing interests to reach a broad consensus on what is in the best interests of the group and,. Where possible, on policies and procedures
Consensus orientation
Is based on the principle that every person or group is responsible for their actions, especially when their acts affect the public interest.
Accountability
on the free flow of information. Processes, institutions, and information are direct and accessible to those concerned with them, and enough information is provided to understand and monitor them.
- Transparency
Good governance requires that institutions and processes try to serve all stakeholders within a reasonable timeframe.
Responsiveness
All men and women have opportunities to improve or maintain their well-being.
Equity and Inclusiveness
Processes and institutions produce results that meet needs while making the best use of resources.
Effectiveness and efficiency
It demands that the people and civil society render habitual obedience to the law.
Rule of Law
BENEFITS OF GOOD GOVERNANCE
Efficient Processes
Visibility of Errors
Smoother–Running Operations
Reduced Costs
Compliance
Due to the repeatability and consistency of task perform
Efficient processes
This repeatability and consistently helps to quickly identify the non-conformities and processes
Visibility of errors
When task are streamlined companies can eliminate the waste from scrap, rework, and any other costly and efficiencies
Reduce costs
Regular descriptions from inconsistent processes are eliminated as operation specific becomes either confirm or non-conform
Smoother- running operations
A culture that supports corporate governance allows for its product to reach the market while meeting its intended specifications and working
Compliance
