What is necessary for making good decisions and ensuring the execution of activities in governance?

Making good decisions and ensuring effective execution of activities in governance heavily relies on having the right people, skills, and competencies in place. Governance is fundamentally about guiding organizations towards achieving their goals and managing risks, which requires individuals who are capable and knowledgeable in their roles. These individuals must possess the necessary skills to analyze information, interpret data, and make informed decisions that align with the organization's objectives.

Moreover, having competent people ensures that activities are executed efficiently and effectively, as they can adapt to changes and challenges that may arise. Training and development of skills also foster a culture of continuous improvement and accountability within the organization, which are crucial for maintaining effective governance. Therefore, emphasizing people, skills, and competencies as the foundation of decision-making and execution aligns closely with the principles of effective governance.