What is a Governance Structure Plan?
A governance structure plan outlines the roles, responsibilities, and decision-making processes of an organization. It provides a clear framework of the organization’s structure and how it should operate. This document helps stakeholders understand who is responsible for what, who has authority to make decisions, and how those decisions should be made. It also helps to ensure accountability and consistency in the organization’s operations.
What's included in this Governance Structure Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Governance Structure Plan template for?
This Governance Structure Plan template is designed to help organizations of all sizes and industries create a structure that outlines their roles, responsibilities, and decision-making processes. It can be used to create a framework for a new organization or to update an existing one.
1. Define clear examples of your focus areas
A focus area is a broad topic or category that outlines the overall goals of the organization. For example, a focus area may be “establishing governance structure”, “establishing policies”, or “developing a reporting structure”. The focus area should be broad enough to encompass all of the objectives, but specific enough to provide direction.
2. Think about the objectives that could fall under that focus area
Objectives are the specific goals that need to be achieved in order to fulfill the focus area. For example, under the focus area of “establishing governance structure”, objectives may include “establish roles and responsibilities” and “define decision-making processes”. Each objective should be clearly defined and measurable.
3. Set measurable targets (KPIs) to tackle the objective
KPIs, or Key Performance Indicators, are measurable targets that are used to measure progress towards a goal. For example, under the objective of “establish roles and responsibilities”, a KPI may be to “create 8 job descriptions”. KPIs should be specific, measurable, and achievable.
4. Implement related projects to achieve the KPIs
Projects, or actions, are the steps that must be taken in order to achieve the objectives. For example, under the objective of “establish roles and responsibilities”, an action may be “develop job descriptions for each role”. Projects should be specific, achievable, and measurable.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform is designed to help organizations create, track, and measure their strategies. With Cascade, you can easily create a governance structure plan and track progress towards your objectives. Cascade also provides data-driven insights to help you identify areas of improvement and make informed decisions.