Performance ● Governance ● Compliance (PGC)
Governance practices are not widely known but they are unusually broad, complex, and detailed. They encompass strategic goal cascading / alignment, dynamic goal management, value creation, and a host of best practices that help guide operational ways-of-working in business and technology domains. They also encompass business rule / process lifecycle management, self assessment, industry benchmarking. Overall, enterprise and IT governance work disciplines are a component part of the larger process of governance practices, and intimately linked to value creation, process improvement, and collaborative decision-making.
Governance practices need to be institutionalized into the business environment so that employees can work collaboratively to address the top priority requirements of the business without being coaxed to do so. This is how we can ingrain leadership and business excellence understanding.
