An Easy Framework to Follow for Organizational Shared Governance

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An Easy Framework to Follow for Organizational Shared Governance

How do we define Organizational Shared Governance?

Organizational shared governance is an enterprise framework that aligns people, process and technology in order to ensure that there is accountability, equity, and ownership in the process of organizational decision-making. Organizational shared governance enables the engagement of the appropriate stakeholders who would otherwise be disengaged in business decisions that greatly affect them.

In an organizational shared governance process, there is a streamlined method performed to make and operationalize decisions and carry out the resulting strategic initiative(s) with ongoing oversight and valuation.  A streamlined shared governance process typically consists of oversight teams with the authority to evaluate and approve business needs based on the organization’s shared goals and objectives.

Why should Organizational Shared Governance be important in your organization?

The shared needs between business units and/or technology are often unrecognized; therefore, co-authorship does not happen frequently. In organizational shared governance, co-authorship of solutions between stakeholders is vital to expense control and risk reduction. This approach prevents individual stakeholders and groups from entering into solutions discovered and implemented independently without collective consultation from all dependent areas within the organization.

The Organizational Shared Governance framework illustrates the central role of stakeholders who must be accountable, equitable, engaged and owners in this process. The key deliverables of organizational stakeholders include oversight, collaboration, valuation and decisioning.

To learn more about Organizational Shared Governance and how iSeek Solutions can help develop or enhance shared governance in your organization, contact us today. Subscribe to our blog and follow us on LinkedIn for future insights.

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