Question

In: Operations Management

What is governance? What governance measures would you put in place? Describe a real life scenario...

What is governance? What governance measures would you put in place? Describe a real life scenario when these processes were not executed successfully and illustrate the consequences.

Solutions

Expert Solution

Governance means patterns of rules and processes that designed to ensure transparency, accountability, responsiveness, empowerment and equity. It is a framework of rules and systems.

Governance measures are-

1. Political stability

2. Rule of law

3. Control of corruption

4. Voice and accountability

5. Lack of violence

6. Government effectiveness

7. Equity and inclusiveness

8. Participation of people and management

9. Transparency

Example- During this pandemic situation every country enforce law of lockdown despite of Pakistan. Till now there are 1700 cases of corona virus but they are not enforcing some strict rules for people so that this situation will pass without being rude to citizens of Pakistan. This is an example of bad governance. And its consequences can be more deaths and more life hazards to people. And if Pakistan not able to come up from this situation now then it will lead to great loss. If they do not want to lockdown totally then also they must take some strict actions and make some strict rules for people to follow.

"If you like my answer please give thumbs up, thank you".


Related Solutions

what are some of the measures that can be put in place to prevent banks from...
what are some of the measures that can be put in place to prevent banks from collapsing
Describe a real life scenario in which you used negotiation to resolve an issue. Discuss the...
Describe a real life scenario in which you used negotiation to resolve an issue. Discuss the negotiation technique you used to reach a mutually satisfactory agreement.
how sensitivity analysis apply in real life? real life situation or real life scenario?
how sensitivity analysis apply in real life? real life situation or real life scenario?
What emergency-preparedness elements would you put in place in your organization in preparation for and in...
What emergency-preparedness elements would you put in place in your organization in preparation for and in response to a potential influenza pandemic (e.g. global disease outbreak)? How would you operate your business if 30% or more of your employees are unable to work and essential services are disrupted, leading to minimal outside help being available from the government and medical agencies?
What emergency-preparedness elements would you put in place in your organization in preparation for and in...
What emergency-preparedness elements would you put in place in your organization in preparation for and in response to a potential influenza pandemic (e.g. global disease outbreak)? How would you operate your business if 30% or more of your employees are unable to work and essential services are disrupted, leading to minimal outside help being available from the government and medical agencies?
What emergency-preparedness elements would you put in place in your organization in preparation for and in...
What emergency-preparedness elements would you put in place in your organization in preparation for and in response to a potential influenza pandemic (e.g. global disease outbreak)? How would you operate your business if 30% or more of your employees are unable to work and essential services are disrupted, leading to minimal outside help being available from the government and medical agencies?
What measures should South Africa put in place to ensure that the weakening rand does not...
What measures should South Africa put in place to ensure that the weakening rand does not affect growth?
What measures should a developing country put in place to ensure that the weakening currency does...
What measures should a developing country put in place to ensure that the weakening currency does not have an effect on growth?
What is corporate governance? What are some of the corporate governance measures designed to ensure that...
What is corporate governance? What are some of the corporate governance measures designed to ensure that the best interest of shareholders are served? Provide examples.
Discuss the measures that can be put in place to ensure that the weakening rand does...
Discuss the measures that can be put in place to ensure that the weakening rand does not affect growth negatively.In your discussion highlight the importance of the balance of payments,policy around competition,South africas economic strategy in relation to exports and imports and a possible diversification strategy.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT