It’s time for Marcos to institutionalize public governance

The Unstoppable Force of Public Governance Why Marcos Must Lead the Charge

As I sat in my small town's municipal hall, witnessing a heated debate between local officials, I couldn't help but ponder the immense power of public governance. Like an unstoppable force, it has the capacity to shape our lives and communities, yet its impact is often felt only when it falters.

In this blog post, we'll explore why President Marcos must take the lead in institutionalizing public governance across all sectors – from government agencies to local government units. We'll delve into the importance of transparency, accountability, and participatory governance, and highlight the need for a dedicated presidential adviser on transformational governance.

The SEC's Revocation A Wake-Up Call

Recent events have demonstrated that even the most seemingly invulnerable institutions can be brought down by corruption and abuse. The Securities and Exchange Commission (SEC) revoked licenses from over 400 lending companies, sending a strong message to those who would exploit the system for personal gain.

However, this crisis is not merely an opportunity to punish wrongdoers; it's also a chance to strengthen governance structures across all sectors. In many organizations, leaders mistakenly believe that their position grants them unchecked authority, leading to a centralized approach that undermines transparency and encourages impunity.

Government Agencies A Mirror of the Private Sector

Surprisingly, this pattern of behavior is not limited to the private sector. Government agencies often operate under the same flawed mentality, with heads of departments viewing themselves as the ultimate decision-makers, sidelining checks and balances. This centralized approach weakens institutional integrity and creates an environment conducive to corruption.

President Marcos's recent statement disavowing public officials involved in corruption is a step in the right direction. Yet more than words are needed; we must create systems that reduce the chance of corruption from the outset.

Lessons from Corporate Governance

One solution lies in adopting best practices from corporate governance. Independent board committees, particularly corporate governance committees, can ensure that leadership remains accountable and aligned with organizational goals. These bodies support succession planning, assess board effectiveness, and ensure compliance with ethical standards.

When applied in the public sector, similar mechanisms could significantly strengthen institutional resilience. A dedicated presidential adviser or consultant on transformational governance could be appointed to oversee implementation, train officials, and recommend policy reforms.

The Path Forward Institutionalizing Public Governance

President Marcos can take the lead by issuing an executive order to institutionalize public governance across agencies and local government units. This directive could require all government bodies to establish public governance committees composed of independent members, compliance officers, and public stakeholders.

To make this vision a reality, we must invest in the systems that will safeguard our nation's future. We must build institutions that outlast political terms and personality-driven leadership, just as Singapore has done.

Conclusion The Power of Public Governance

In conclusion, institutionalizing public governance is not only a moral imperative; it's an economic and social necessity. By adopting best practices from corporate governance and creating systems that promote transparency, accountability, and participatory governance, we can build institutions that will drive our nation forward for generations to come.

Key Takeaways

1. Institutionalizing public governance is crucial for driving economic and social progress.
2. President Marcos must take the lead in implementing reforms across all sectors.
3. Transparency, accountability, and participatory governance are essential components of effective governance.
4. A dedicated presidential adviser on transformational governance can facilitate institutional reform.

Keywords

Public Governance
Institutional Reform
Transparency
Accountability
Participatory Governance
Corporate Governance
SEC
Marcos Administration

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Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.