IPA: /ˈɡʌvənəns/
KK: /ˈgʌvərnəns/
The way in which a group or organization is controlled and directed, including the rules and processes that guide decision-making.
Good governance is essential for the success of any organization.
Governance → It is formed from "governare" (meaning to steer or direct) and the suffix "-ance" (indicating a state or condition). The word "governance" refers to the state or condition of steering or directing, particularly in the context of managing an organization or system.
Think of 'steering' ('governare') something to remember that 'governance' means the act of directing or managing.