1. Difference between politics and policy
. Politics can be defined as a science or art of governing or government, especially governing a political entity like a nation. A policy can be defined as an overall plan that embraces the general goals.
2. Politics refers to authority and refers to public life. Politics generally revolves round
government and its activities. Politics is a term that refers to the organizational process.
3. Policy can be termed as a “principle.”
4. A policy can also be termed as a commitment or statement of intent. It is because of the policy that people, an organization, or a party is held accountable. Policy is a set of rules or principles that guide decisions.
5. Political parties run the government which all adhere to certain policies.
6. A policy can also be said to be a course or action that is proposed by a government, an individual, business firm, or any party.
7. Politics refers to the theory and practice of governance.
2. Principles of governance process :-
1. Key Competencies
Organization should have at its disposal employees who have adequate knowledge, skills & expertise to perform tasks assigned to them. Competencies can be gained through professional qualifications or by experience in role
2. Resources & Processes
Adequate levels of resource shall be in place to enable organization to operate effectively. Business & technological processes shall be fit for purpose
3. Ongoing Education & Development
Organization shall encourage all employees to keep abreast of latest developments in their particular areas of expertise; through courses, conferences, journals & other channels; & shall make adequate resources available for this
4. Compensation Architecture
Employees should be remunerated adequately for roles they perform; 'adequately' is defined using external references and benchmarks, & in a framework consistent with the type of risk-taking behavior expected of the employee
5. Independence of Key Parties
Organization shall ensure that key checks & balances are in place to assure effective governance. Functions like Audit & Risk Management are to be independent & report directly to senior management, rather than through those for whom they serve as a check & balance
6. Risk Appetite
BoD of organization shall determine, & officially record, appetite for each category of risk within its published risk framework. Should encourage cascade of this approach throughout organization. Such appetite must be expressed in a measurable way that can inform decisions at lower levels
7. External Validation
All aspects of governance framework shall be periodically validated by an independent external body(ies), to ensure they are appropriate to the sector & geographies in which organization operates, & consistent with its stated policies & public representations
8. Clear Accountability
At all levels, accountabilities should be clearly defined. Individuals should be clearly advised of their own accountabilities & of the consequences of not fulfilling them in a timely & appropriate manner
9. Disclosure & Transparency
BoD & senior management shall adopt an approach of disclosure & transparency consistent with their stated policies & ensure that this approach is followed at all levels
3. Role of trustee on a borad of health is to develop and review the hospitals overall mission and strategies . Guides long term goals and policies .
4. Difference between governing and advisory body :-
The Governing Board's Functional Responsibilities
1.) Appoint, Support, and Evaluate the CEO.
2.) Establish clear institutional mission and purpose.
3.) Approve the organizations programs.
4.) Ensure sound fiscal management and the organizations finical stability.
5.) Establish standards for organizational performance and hold the organization accountable.
give-or-get policy
Boards that hold ultimate responsibility for ensuring that the organization serves its mission and for the overall welfare of the organization itself.
Four Different Names for Governing Boards
1. Board Of Directors
2. Board of Trustees
3. Board of Governors
4. Governing Council
Advisory Boards
Boards that lack legal responsibility for governing their organizations.
Work with the organization or board of directors, and provide advice, resources, and support.
Often confused with Board of Directors.
Three Types of Boards
1.) Elected Boards
2.) Self Perpetuating Boards
3.) Appointed and Hybrid Boards
1. Describe the differences between politics and policy. 2. Explain the principles of the governance process....
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