Publication: Governance Scorecards as Tools for Breakthrough Results
Date
2008-05
ISSN
Published
2008-05
Author(s)
Estanislao, Jesus P
Abstract
Governance has become a mantra for doing
the good and proper things. In public life, it has become
more than a mini-rage: when things fail, a failure of
governance is brought up as the explanatory variable; and
good governance is presented as the alternative pathway to
success. In the private sector, corporations are given
ratings for the propriety of their governance practices:
presumably, those that receive high ratings are governed
well and can become the recipients of high market approval
ratings, while those at the lower end of the ratings scale
are to be dealt with as high-risk enterprises. If good
governance does lead to good breakthrough results, it is
well worth to look more closely at what governance entails
and in what way this may lead to higher levels of
performance that brings about desirable results. The authors
do need to get down from merely repeating governance as a
mantra and into actually observing, as much as possible in
day-to-day operations and actions, the discipline of
governance. The authors do need to meet the fundamental
governance challenge, which is to connect the values that
aspire to hold and the actions the authors need to undertake
so as to give flesh and substance to those values. The
challenge is, indeed, how to walk the talk about governance.
Citation
“Estanislao, Jesus P. 2008. Governance Scorecards as Tools for Breakthrough Results. Private Sector Opinion; No. 8. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/cede7a4e-7259-5c03-8326-2fc00ef11c88 License: CC BY-NC-ND 3.0 IGO.”