What does GOSP mean in GENERAL
GOSP is an abbreviation used to refer to the four key components in an organization's governance structure. Governance, Oversight, Support and Perform are the core elements of a company's governance framework. This article will explain how each element works and provide some FAQs.
GOSP meaning in General in Business
GOSP mostly used in an acronym General in Category Business that means Governance, Oversight, Support, Perform
Shorthand: GOSP,
Full Form: Governance, Oversight, Support, Perform
For more information of "Governance, Oversight, Support, Perform", see the section below.
Essential Questions and Answers on Governance, Oversight, Support, Perform in "BUSINESS»GENERALBUS"
Final Words:
A successful implementation of the Governance, Oversight, Support and Performance (GOSP) components provides organisations with clear direction on how decisions should be made at all levels while mitigating risks associated with not having proper oversight in place when it comes to protecting organizational assets from mismanagement or mishandling. Therefore, organizations that take these four components seriously can create an efficient governance model that will serve them well over time.