Component 3: Governance and Controls
| Governanceand controls |  |
UNDERNEATH THE HOOD of any company sits a set of systems and processes that help manage repeated tasks. Some of these systems are formal; others are informal (“that’s just the way we do things around here”). We call these governance and controls because they inform which projects move forward and which do not, how resources get allocated between projects, and how the growth factory itself maximizes throughput and productivity.
Specifically, a well-functioning growth factory features four key systems:
- Idea governance systems that feature distinct measurement and management approaches ...
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