Risk Governance
Just like many of you, we enjoy traveling by car during our vacations as a family. We feel more flexible when compared to a bus tour. Depending on the length of the trip, we frequently exchange seats; however, I am usually the one who drives the car. I drive the car, but this does not necessarily mean that we go to the places I decide. All family members make the decisions together, usually with consensus. Our simple family tradition can teach us the difference between management and governance: driving the car is management, whereas deciding where to go and monitoring the performance of the driver is governance.
In contrast to the simplicity of the definitions, if not implemented properly the management-governance ...
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