Thank you for this detailed comparison between governance and management,
Governance is strategic and high level activity while management is operational and implements the strategies through to day to day running of an organisation.
The differences are well illustrated. Very insightful.
Governance is the process of making and enforcing rules, regulations and policies, it involves setting clear objectives, policies and procedures for an organisation, and ensuring that they are adhered to. Management on the other hand is the application of those rules, regulations and policies.
well articulated. Thank you for sharing.
Yes governance makes the rules and management implements them
Even though management and governance are often used interchangeably,there are cardinal differences to note.Governance involves making rules,regulations and polices and enforces them while management does the appliation
Governance is about ensuring the Strategic Objectives of an organisation are achieved whilst management is about undertaking activities leading to achievement of Strategic Objectives.
Quite true, Governance play an oversight role in relation to management!