In: Operations Management
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.
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.
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