Looking for a simple definition for the phrase "governance is composed of framework for analysis "
Could anyone give me a simple definition for this phrase? I am not interested in a lengthy discussion. This is my understanding, "This governance framework approach is defined as a standard management best practice that keeps the structure of the organization within the realm of established set of rules, objectives, and policies. This is to ensure that there is accountability among various key actors/players, and that the operations within the organization are legally in compliance." If I am wrong, please correct me. I was having difficulties in finding a simple definition. Thanks for your help.