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The place and role of governance in organization management

Authors

  • Michał Trocki Szkoła Główna Handlowa w Warszawie

DOI:

https://doi.org/10.33119/SIP.2023.193.7

Keywords:

organization management, organizational/enterprise governance, process governance, IT governance, project governance

Abstract

The organization’s response to the growing complexity of its operating conditions, described as the ‘VUCA world’ (VUCA: volatility, uncertainty, complexity, and ambiguity) is the implementation of many different management instruments in organizations. The pace and scale of their implementation leads in many cases to a reduction in the cohesion of the organization’s management, causing, contrary to the assumptions/intentions, a reduction in the efficiency and effectiveness of the organization’s functioning. In order to counteract these unfavourable phenomena, it has been postulated for some time to extend the management hierarchy by an additional level of normative management. Management activities carried out at this level are referred to as governance to distinguish them from traditional management activities referred to as management. Governance solutions – both relating to the organization as a whole and to its areas – are being intensively developed. In this situation, it is advisable to review the current state of this issue and the prospects for its development. The content of the article is based on the analysis of the literature on the subject, management standards, and proven good practices.

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Published

2023-12-06

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How to Cite

Trocki, M. . (2023). The place and role of governance in organization management. Studies and Work of the Collegium of Management and Finance , (193), 121–136. https://doi.org/10.33119/SIP.2023.193.7

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Articles