Governance failings

Governance failings refer to the weaknesses and deficiencies in the system of rules, practices, and processes by which an organization is directed and controlled. These failings can lead to inefficiencies, lack of accountability, and even corruption within an organization, undermining its integrity and sustainability. Poor governance can manifest in various forms, such as inadequate oversight, conflicts of interest, lack of transparency, ineffective risk management, and poor strategic direction. Identifying and addressing governance failings is crucial for restoring trust and ensuring the long-term success and ethical functioning of any organization.