Governance-wise
Referring to or considering something from the perspective of its governing principles, systems, or processes. It evaluates matters based on how they relate to authority, control, decision-making, and the implementation of rules or policies. 'Governance-wise' emphasizes the aspects of management, accountability, and the mechanisms that ensure proper conduct and achieve organizational or societal goals. It can be applied to any setting, from a small business to a national government, focusing on structures and processes that ensure effective and ethical administration.
Governance-wise meaning with examples
- Governance-wise, the company's new transparency initiative aimed to improve public trust and demonstrate its commitment to ethical practices. The initiative, which included open access to financial records, demonstrated the leadership's commitment to upholding strong standards of conduct.
- The project's success, governance-wise, depended on the clear allocation of responsibilities and decision-making authority among the participating organizations. This included robust reporting procedures to monitor the progress of the tasks to manage any unforeseen circumstances.
- When assessing the university's performance, governance-wise, factors such as the independence of the board of trustees and the effectiveness of its internal audit mechanisms are crucial. The performance is evaluated using a standard set of measures.
- A proper infrastructure, governance-wise, must be put in place. This includes rules and guidance to regulate the use of the new technology to prevent any unintended negative repercussions. It should include methods to resolve issues.
- The community's resilience, governance-wise, hinged on its capacity to respond effectively to disasters through its emergency management procedures and the cooperation with other organizations. Regular evaluations must be performed.