Good Governance 1. INTRODUCTION: Governance implies control‚ direction‚ and rule with authority or administers laws to govern a system to achieve certain objectives. Good Governance implies running administration according to the defined laws to achieve the objective of promoting the welfare of the people in a democratic oriented order. Bad governance means departing from the norms of laws and subjecting system of administration to whims‚ idiosyncrasies of the rulers to achieve certain ulterior
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The Independent Commission for Good Governance in Public Services‚ chaired by Sir Alan Langlands‚ worked throughout 2004. Through two rounds of consultation‚ the Commission drew on the views of a wide range of people with experience of governance‚ and of service users and citizens‚ to produce the Good Governance Standard for Public Services. The Standard presents six principles of good governance that are common to all public service organisations and are intended to help all those with an
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Concepts of Leaders hip Good leaders are made not born. If you have the desire and willpower‚ you can become an effective leader. Good leaders develop through a never ending process of self-study‚ education‚ training‚ and experience (Jago‚ 1982). This guide will help you through that process. To inspire your workers into higher levels of teamwork‚ there are certain things you must be‚ know‚ and‚ do. These do not come naturally‚ but are acquired through continual work and study. Good leaders are continually
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Vision .Most good leaders have great vision. They know where they want to go and they know how to motivate people to believe in this same vision they have for their community‚ country and their lives. They view things as what they could be and not what they are. 2. Wise Being a good leader usually means that they have to make critical calls at assorted points in their organization. Having the knowledge to make the correct call is crucial in making sure the organization is successful. Good leaders are
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1. We figured out that Insular life foundation geared towards education for the Filipinos‚ we would like to know why you chose education as a basis for your CSR program? When did the foundation founded? Answer: Insular Life foundation was founded since 1962 and incorporated in 1969. The founders believed that the future progress of the country lies on the quality of education. It’s the great equalizer for people who have attained a better education to have a chance to be a better citizen of
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abysmally at the bottom among South Asian States as it lost 8.3 per cent of its GDP or Rs. 820 billion during last year owing to bad governance.” The report also pointed out that GDP could have been higher by three percent or around Rs. 450 billion‚ had there been no shortage of power and water that has adversely affected the national economy. Today‚ bad governance has emerged as a much bigger challenge for the nation. Maladministration is not just limited to administrative failure but it also promotes
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What is good governance? The definition of Governance itself is still a debate among scholars. A simple definition may be “the exercise of authority in managing the resources of a country”. (Bojanic‚ 2012) In a sense‚ the ruling body of a country’s practices in allocating the country’s resources. Good Governance is therefore the proper managing of these resources to achieve sustainable and self-reliant development and social justice. (JICA) How to know if good governance is in practice: It has been
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EDUCATION AND GOOD GOVERNANCE INTRODUCTION Education is considered a ‘right’ and not a privilege. It is a rope that can carry us to greatness. it is one of the most important thing in life because without it you cannot make meaningful contributions towards development. While the concept of good governance indicates the effort the government has made or is making to turnaround the standard of living of the masses . Good Governance has to do with infrastructures‚ provision of security
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“Good corporate governance‚ ethics and social responsibility is essential for increasing and maintaining shareholders value” Corporate governance Corporate governance of controlling and directing the companies would impact the corporate performance‚ which would also affect the shareholders’ value. Example 1: John Felderhof‚ being the vice chairman of Bre-X‚ stating that he did not aware of the scandal. He is not qualified to be the board of director of the company as he did not aware of the Scandal
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The benefits to a company of practising good corporate governance are now well known. It can raise capital more cheaply in a world where capital is a scarce resource; when it has a downturn it will have support from its stakeholders in its turnaround attempt; its business will be more sustainable; when the board makes a wrong business judgment call – and dealing with uncertain future events it will do so – it will not be seen as a scandal but as a consequence of the risk/reward ratio involved in
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