Existing Citations

  • governance : Governance is a broader concept which has to deal with many subjects and many disciplines of knowledge in addition to subject-specific skill and knowledge. Skill is attained predominantly from repetitive and existing information, whereas knowledge is predominantly concerned with independent mind, scrutiny, exploration, and research. ...Expertise alone is not sufficient for good governance. Governance is thinking of things, critical thinking, epistemic and adequate justifications, making of new ideas, independent reasoning, purifying reason (Immanuel Kant), greatest good for the greatest number, and aesthetics or the sense of proportions. (†962)
  • management : Management is mainly busy with day-to-day affairs whereas governance (the Board) is concerned with strategy and policy matters. . . . Management, on the other hand, deals with day-to-day relatively structured issues like demand forecasting, production, job scheduling, factory management, labour management, preparation of accounts and annual reports. The latter are subject-specific skills and tasks which are routine matters. (†961)