governance
Say it: GUV-uh-nuns /ˈɡʌvɚnəns/ · noun
What “governance” means
The rules and checks used to run an organisation responsibly.
More precisely: The system of rules and oversight by which an organization is directed and controlled.
Example: “After the scandal, investors demanded stronger governance and an independent board.”
When to use it
In formal organisational discussions, when talking about who makes decisions, what rules apply and how leaders are held accountable.
Similar words
oversight, management, control
Quick check
A charity introduces board oversight, clear decision rules and regular checks on its leaders. What is it improving?
governance or productivity?
Show the answer
governance
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