Governance word is derives from Greek word “Kubernao” means “to steer”.
👉 Govern
- (verb) conduct the policy and affairs of ( a state, organization, or people).
- constitute a rule, standard, or principle for
👉 Governance
- (noun) the action or manner of governing
👉 Government
- (noun) the governing body of a state
- the system by which a state or community is governed
- the action or manner of governing a state, organization, or people
👉 Governance refers to "all processes of governing, whether undertaken by a government, market or network, whether over a family, tribe, formal or informal organization or territory and whether through laws, norms, power or language.“ – wikipedia.
👉 To distinguish the term governance from government: a government is a formal body invested with the authority to make decisions in a given political system. In this case the governance process, which includes all the actors involved in influencing the decisionmaking process (such as lobbies, parties, medias), is centered on the relevant "governing body"
Governance
October 18, 2023
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