Components of a Governance System

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Time
3 hours 43 minutes
Difficulty
Intermediate
CEU/CPE
4
Video Transcription
00:00
Let's talk about the components of a government system
00:05
in this video, we're going to talk about what components are,
00:08
how they contribute to a governance system and what the components are as defined by Kobe.
00:16
So let's go over the definition of components as it pertains to the Corbett framework.
00:21
Components are any factors that contribute to a governance system.
00:26
Components can be processes organizational structures, principles, policies and frameworks, information culture, ethics and behavior, people, skills and competencies and services, infrastructure and applications.
00:41
Components interact with each other to create a comprehensive and holistic form of governance.
00:47
So, for example, organizational structures inevitably interacts with other components, such as culture, ethics and behavior.
00:55
If you have a more formal and hierarchical enterprise, organizational structures will affect your work culture.
01:00
It may be a more formal environment with centralized controls.
01:06
On the other hand, if you have a less hierarchal enterprise, this will also affect your work culture.
01:11
That means there may be less processes in place and things maybe more decentralized.
01:17
It really depends and varies from organization to organization. This is just a example.
01:23
Another example will be that information and process components interact with one another
01:29
information will be the input and output for business processes, resulting in an overall intersection of these components.
01:37
Ultimately, it creates a comprehensive and holistic form of governance if you recognize the different components of a governance system and how they interact with each other.
01:49
So like we said, components can be processes, organizational structures, principles, policies and frameworks, information
01:57
culture, ethics and behavior services, infrastructure
02:01
and applications, and people skills and competencies. Let's go through each one in depth.
02:10
So processes are sets of practices and activities meant to achieve objectives and produce outputs that support the achievement of I T related goals.
02:21
Organizational structures reflect decision making entities and those who will execute the decisions and strategic options set by the governing bodies.
02:31
Principles, policies and frameworks are another component that translate desired behavior into practical guidance for daily management.
02:39
This component tells you what is expected of you and how you can meet those expectations.
02:46
Information is a component that is produced and used by an enterprise.
02:50
In most cases, it is one of the important business is one of the most important business assets
02:55
cope. It specifically focuses on information required for functioning of a government system.
03:01
It is an essential building block.
03:05
Culture, ethics and behavior determined the success of governance and management activities.
03:09
If you have a government system that is extremely stringent imposed onto a more informal and relaxed working culture, you may not have an overall success of a governance and management objectives.
03:22
This component is really important to keep in mind when creating your I T governance program and strategic objectives and goals.
03:29
People skills and competencies are a component for good decisions, successful completion of activities and execution of corrective actions.
03:38
This is related to the culture, ethics and behavior component, but it is made distinct because of the competencies and skills that people bring to an enterprise
03:49
services, infrastructure and applications. Component includes the infrastructure, tech and applications that provide an enterprise with a governance system. For i t processing.
03:59
Essentially, it is your I t architecture er
04:00
so naturally, this is a component of a nightie governance system.
04:05
Think about your organization in relation to each component. What are your specific organizational structures that make you unique?
04:14
How would you characterize your organization's culture?
04:16
What information does your business have that sets you apart from your competition?
04:25
So in this video we talked about the different components of a governance system and why these components are significant
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