Governance
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Included in this chapter:
- Directing and controlling: what governance is
- Governance is not management
- The three activities: evaluate, direct, monitor
- The enabling nature of governance
- How governance is tested
The three governance activities at a glance
| Governance activity | What it does | Stem phrase that points to it | Classic misread |
|---|---|---|---|
| Evaluate | Assess the organization, its strategy, portfolios, and stakeholder relationships | 'assess the situation', 'review needs and conditions' | Thinking evaluate checks compliance, which is monitor's job |
| Direct | Set strategy, assign responsibilities, and establish policies and direction | 'set policy', 'establish the direction' | Confusing directing with the hands-on delivery work, which is management |
| Monitor | Check that performance and results comply with the direction and policies set | 'check adherence', 'verify compliance' | Reading monitor as setting the policy, which is direct |
Cheat sheet
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