A method through which power is exercised in the management of a country's political, economical, and social resources for development
Good governance
The process whereby societies or organizations make important decisions, determine whom they involve, and how they render accounts
Good governance
Involves constructive cooperation between the different sectors
Results in efficient use of resources
Responsible use of power
Effective and sustainable service provision
Good governance
Emerges when stakeholders engage and participate with each other in an inclusive, transparent, and accountable manner to accomplish better services free of corruption and abuse, and within the rule of law
Good governance sets the normative standards of development
Good governance
Fosters participation
Ensures transparency
Demands accountability
Promotes efficiency
Upholds the rule of law in economic, political, and administrative institutions and processes
Importance of good governance
Can improve the performance of a business, help it become more stable and productive, and unlock new opportunities
Can reduce risks, and enable faster and safer growth
Can also improve reputation and foster trust
Best good governance
Processes and institutions produce results that meet the needs of society while making the best use of resources at their disposal
Covers the sustainable use of natural resources and the protection of the environment
Principles of good governance
Participatory
Consistent with the rule of law
Transparent
Responsive
Consensus-oriented
Equitable and inclusive
Effective and efficient
Accountable
Participatory
Citizens are at the centre of public activity and they are involved in clearly defined ways in public life at local level
All men and women can have a voice in decision-making, either directly or through legitimate intermediate bodies that represent their interests
All voices, including those of the less privileged and most vulnerable, are heard and taken into account in decision-making, including over the allocation of resources
Consistent with the rule of law
The local authorities abide by the law and judicial decisions
Rules and regulations are adopted in accordance with procedures provided for by law and are enforced impartially
Transparent
There is public access to all information which is not classified for well-specified reasons as provided for by law
Information on decisions, implementation of policies and results is made available to the public in such a way as to enable it to effectively follow and contribute to the work of the local authority
Responsive
Objectives, rules, structures, and procedures are adapted to the legitimate expectations and needs of citizens
Public services are delivered, and requests and complaints are responded to within a reasonable timeframe
Consensus-oriented
There is always an honest attempt to mediate between various legitimate interests and to reach a broad consensus on what is in the best interest of the whole community and on how this can be achieved
Equitable and inclusive
All members of society, especially the most vulnerable, are taken into consideration in policy making, and no one feels alienated, disenfranchised or left behind
Effective and efficient
Results meet the agreed objectives
Best possible use is made of the resources available
Performance management systems make it possible to evaluate and enhance the efficiency and effectiveness of services
Audits are carried out at regular intervals to assess and improve performance
Accountable
All decision-makers, collective and individual, take responsibility for their decisions
Decisions are reported on, explained and can be sanctioned
There are effective remedies against maladministration and against actions of local authorities which infringe civil rights
Governance
The overall management approach through which senior executives direct and control the entire organization using a combination of management information and hierarchical management control structure
Good governance is an ideal concept which is difficult to achieve in its totality
Good governance is achieved through continuous discussion so that all of the considerations involved in assuring that stakeholder interest are addressed and reflected in policy initiatives
The concept of good governance has become a buzzword around the world in recent times
Good governance is required of a democratic platform to avoid corruption
Good governance is the efficient, transparent and equitable delivery of goods and services as well as the policy-making by means of exercising authority
Good governance is a normative principle that offers well-managed and well allocated resources to provide the needs to the collective problems of the people
Rule of law
The protection of human rights and civil liberties particularly those of minorities by the independent
Transparency
Making sure everyone is aware of what is going on throughout the organization at all times
Applying transparency in the workplace offers a lot of advantages including speedy problem solving, healthy employer-employee relations, enhanced teamwork and trust leading to better productivity
Records and processes are transparent and available to shareholders in the practice of good governance
Responsiveness
Organization and their processes need to be planned in a manner that serves the best interest of all stakeholders within a practical and realistic period of time - responding efficiently and effectively to people's real needs
Consensus-oriented
Knowing the broad consensus about the best interest of the entire stakeholder groups and how this can be achieved in a practical way
Reaching this consensus means seeking the many different needs, perspectives and expectations of a diverse range of people
Equity and inclusiveness
Based on the ideas that all members of an organization or society must feed the sense of belongingness
Effectiveness and efficiency
Effectiveness is the ability to produce a better result, one that delivers more value or achieves a better
Efficiency is the ability to produce an intended result in the way that results in the least waste of time, effort, and resources
Accountability
Institutions such as government agencies and private sectors ought to be accountable to one another as well as to the public and to their stakeholders
An assurance that an individual or organization is evaluated on its performance or behavior related to something for which it is responsible
Participation
Requires equal participation by all groups with everyone having a role
The process of decision making either directly or through legitimate representative good governance these days gives emphasis on the importance of combined men and women perspectives in decision making
Ethics
Governance is vital to how organizations relate to each other and its stakeholders
With a lot of changes in managerial settings, government requires a highly competent, well-informed and concerned administration
Ethics is about directing human conduct to the standards of right and wrong that tells people what must be done based on rights, obligations, benefits to society, fairness or specific virtues
Values
An individual judgement or standard of behavior
They are another individual factor that affects ethical behavior, to some people acting in an improper way is just a part of doing business
Values, a guide for human behavior
Moral
The rules people develop as a result of cultural norms, values, and traditionally, what employees learn from their childhood
They are usually described as good or bad behavior
The overall objective of morality is to guarantee good governance with primary regard for moral; values, practices and behavior
These moral values are taught in an individual by the parents, teachers, religion, society and environment of the workplace
Changes in managerial settings, government requires a highly competent, well-informed and concerned administration
Ethics
Directing human conduct to the standards of right and wrong that tells people what must be done based on rights, obligations, benefits to society, fairness or specific virtues
Values
Individual judgement or standard of behavior
Values are another individual factor that affects ethical behavior, to some people acting in an improper way is just a part of doing business