Description: A governance model is a conceptual framework that defines how an organization is directed and controlled. This model establishes the structures, processes, and practices that guide decision-making, resource allocation, and risk management. In the context of technology, a governance model is crucial to ensure that technological initiatives align with the strategic objectives of the organization, promoting transparency, accountability, and operational efficiency. Governance models can vary in complexity and may include everything from policies and procedures to the implementation of technological tools that facilitate oversight and control. Effective governance is essential for mitigating risks, complying with regulations, and maximizing the value of technological investments. In an increasingly digitalized business environment, governance has become a key component for the sustainability and long-term growth of organizations, enabling better resource management and an agile response to changes in the market.
