Maintenance Director | Ex-GACA & Cluster 2 Airports | ICAO | O&M Director | Facility & Asset Management | Physical Security Systems | Parking Management | Autonomous Aerial Vehicles | VVIP Projects
1. #Process: A process refers to a series of interrelated tasks conducted in a specific sequence to achieve a desired outcome. It is an essential component of #effective_governance, as it outlines the structured flow of activities necessary to meet organizational objectives while adhering to #risk and compliance requirements. 2. #Policy: A policy is a set of guidelines and rules established by an organization to govern the behavior and decision-making of its employees. Policies play a crucial role in governance by providing a framework for managing #risks and ensuring #compliance with regulatory obligations. They define the organization's expectations and principles, serving as a guide for employees to align their actions with the overall #governance_framework. 3. #Procedure: Procedures are detailed step-by-step instructions that explain how to perform specific tasks within a process. They are instrumental in managing risks and ensuring compliance by providing clear guidance on the necessary actions and controls to mitigate potential risks. Procedures help maintain consistency and quality in executing tasks, contributing to effective #governance practices.