Governance is about how decisions are made and how they are implemented. Thus Good Governance basically means choosing best possible ways to make a decision and implementing them with high level of efficiency. Good Governance is in fact a much wider term. According to the UNDP, Good Governance have following core characteristics: - Participation. - Rule of Law. - Accountability. - Transparency. - Responsiveness. - Consensus oriented. - Effective , efficiency, equity. The term Good Governance are frequently used now a days in development literature. It is argued by many scholars that Good Governance is key to Good development. Let us first try to analyze what is development and Good development. Development basically means growth in G.D.P of a country along with growth in human developmental aspects. But as seen in recent times that growth and human development are not equitable and environmentally sustainable. Due to this term Good development came into light. It basically means sustainable development that aims to achieve high level of economic , social and human development that is equitable and environmentally sustainable. Recently adopted Sustainable Development Goals by United Nations gives us details of various aspects of good development. Good governance and Good development are corollary to each other but it cannot be denied that good development requires much more than just good governance like high level of technological capability, active civil society, etc. It
Some of these criticisms of traditional models of administration included: large scale government resulting in overconsumption of resources; government involvement in too many activities; widespread bureaucracy; high rates of inflation; the absence of separation between policy and administration; the absence of rational decision making; and disregard for citizens’ satisfaction. The model was also criticized for being characterized by inefficiency, corruption, lack of accountability and inflexibility. These harsh criticisms helped in the rapid emergence of a new model, New Public Management (NPM). After that,
ASHLYN BROWN CORPORATE GOVERNANCE Wimpy Franchise of Famous Brands 2/26/2015 The background of Wimpy corporate governance policies as a Famous Brand subsidiary WHAT IS CORPORATE GOVERNANCE? Corporate governance is a policy that all business or franchises relate too. It refers to corporations that control and direct the rights and responsibilities among different businesses.
During his time Blair also introduced, a public sector management philosophy that placed much greater emphasis on detailed target-setting and other means of measuring performance. These were loosely linked to a series of ‘efficiency’ and ‘effectiveness’ agendas. Public Service Agreements, Strategic Priorities and White Papers became an important part of the Foreign Policy lexicon albeit with a lot of
Leadership styles in recent studies have been debated significantly but their role in contributing job satisfaction of employees have not been addressed by the researchers. Therefore, a study was conducted to assess the impact of leadership styles on job satisfaction of employees in the two NGO’s (Non Government Organisations) HIFEED and HESCO from Uttarakhand through an empirical study. NGO’s in India involve diverse activities ranging from training facilities and independent trainers providing non-formal education, grant-making organizations, community development organizations, microfinance associations, self-help groups, and organization addressing public health. In the study, leadership styles were studied as participative, supportive
Introduction Development of any society requires participation of people from all sections of the society and the opportunities for utilization of the existing potentialities of people for good governance and development. Right from the days of community development programs, people’s role and their involvement have been stressed.
Green growth and green economy have been subject to various definitions but those currently being used by international organizations have a lot in common. Greening growth (GG) and moving towards a greener economy (GE) is complex and multidimensional. Green growth is a matter of both economic policy and sustainable development policy. It tackles two key imperatives together: the continued inclusive economic growth needed by developing countries to reduce poverty and improve wellbeing; and improved environmental management needed to tackle resource scarcities and climate change. The concept of green economy rests on the economy, the environment and the social pillars of sustainable development.
A system to check and balances the benefit of all the board of directors and to avoid some of top management from making decisions that only benefit themselves is created and named corporate governance. Corporate governance means the system of rules, practices and processes by which a company is directed and controlled. The set of rules provided as a guidelines for the board of directors to make sure that accountability and fairness in a company’s relationship with its stakeholders such as financiers, customers, management, employees, shareholders and also society in order to achieve company’s goals and targets in a manner that add a value to the company. All of the stakeholders play an important role in corporate governance to ensure that