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Policy Governance, informally known as the Carver model, is a system for organizational governance. Policy Governance defines and guides appropriate relationships between an organization's owners, board of directors , and chief executive .
Carver's model clarifies the separation by having the board explicitly state the board's and CEO's jobs in a set of written policies (hence the name Policy Governance). This set of policies is divided into four types. One is the organization's goals (or Ends), and three are about the means the board and CEO employ to attain those ends.
There are examples of the use of governance frameworks in a wide variety of industries, as well as in the government of nation states and the public sector. [1] [3] [6] [7] [8] In their application to specific industries, companies, and problems, governance frameworks appear differently and reflect the unique needs of the group or organization. [5]
Governance is the overall complex system or framework of processes, functions, structures, rules, laws and norms born out of the relationships, interactions, power dynamics and communication within an organized group of individuals. It sets the boundaries of acceptable conduct and practices of different actors of the group and controls their ...
Corporate governance also provides the structure and systems through which the company is directed and its objectives are set, and the means of attaining those objectives and monitoring performance are determined" (OECD 2023, p. 6). [2] Examples of narrower definitions in particular contexts include:
Several models of website governance exist. Authors have focused on the content lifecycle; [13] primary components, such as people, process, and standards; [14] attributes, such as accountability, accessibility, participation across business areas, and standards; [15] and type of governance structure (centralized, decentralized, or federated).
The history and theory of multistakeholder governance however departs from these models in four ways. The earlier theories describe how a central institution (be it a business, a project, or a government agency) should engage more formally with related institutions (be it other organizations, institutions, or communities).
Governance is a broader concept than government and also includes the roles played by the community sector and the private sector in managing and planning countries, regions and cities. [1] Collaborative governance involves the government , community and private sectors communicating with each other and working together to achieve more than any ...