What is the difference between governance and management in a BLC Leadership Board context?

In a BLC Leadership Board context, governance is primarily concerned with setting the strategic direction and oversight of the organization. This means that governing bodies are responsible for establishing policies, ensuring accountability, and guiding the overall vision and mission of the organization. Governance involves high-level decision-making that shapes the long-term trajectory of the organization and aligns its goals with stakeholder interests.

On the other hand, management focuses on the execution of these strategies through daily operations. Management involves the implementation of policies, allocation of resources, and oversight of staff and processes to ensure that the organization efficiently meets its objectives. Managers are concerned with the day-to-day functioning and operational effectiveness of the organization, working within the framework established by the governing body.

The distinction between governance and management in this context highlights the importance of each function in maintaining a well-run organization, where governance provides the necessary strategic guidance while management ensures that the organization carries out its strategies effectively. This demarcation allows for clarity in roles, responsibilities, and functions within the leadership structure.