Components, Governance

Governance of World Class R&D takes the traditional components of any governance system and remakes them in a creative way...

Hanford gives a good list of governance components for a corporate function:

  • Decision-making authority
  • Governance Principles
  • Governance Structure or framework
  • Mechanisms to enable and sustain oversight
  • Explicit mechanisms for sustainability of decision making authority vis-à-vis corporate

These constitute the essential components for successful R&D governance and we use them to guide our further discussions.

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We do not get into the basics you'd expect in any governance function: clear assignment of decision authority, roles and responsibilities, etc. Visit HERE for these discussions.

More Core Arguments for Governance