In the governance design workflow, which step is focused on identifying the drivers for governance?

The first step in the governance design workflow is dedicated to identifying the drivers for governance. This step is crucial as it sets the context for why governance is necessary within the organization. Understanding these drivers helps to align the governance frameworks with the overall business objectives, regulatory requirements, stakeholder needs, and risk management priorities.

By focusing on identifying the key drivers, organizations can ensure that the governance framework they design is relevant and supports their strategic goals. This alignment ultimately leads to more effective governance structures that can adapt as business needs evolve. Identifying these drivers early in the process helps to inform subsequent steps in the governance design workflow, ensuring that each phase is informed by a solid understanding of the underlying motivations for governance.