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Two kinds of power in one organization

What was the structure designed to do?

Check: can the power be used?

Where the operating control actually sat

What happened when the two were tested

Check: what the structure cannot reach

What would make a constraint enforceable

What would make a constraint enforceable?

Governance, or capability?

Check: valid but unenforceable

Worked Example: running the divergence test

Expert Depth: principal-agent problems with an unusual principal

Check: what gives a constraint teeth

Expert Depth: what a capital partnership actually buys and costs

Practice: run a governance divergence test

Check: testing a claim of independence

Examines whether a governance structure designed to constrain an organization's own commercial behaviour can actually bind. Covers identifying who holds formal authority, tracing where operating resources and relationships genuinely sit, and asking what happens when the two diverge.

Take an organization whose governance is designed to constrain its own commercial behaviour and assess whether the constraint can actually bind, by identifying who holds formal authority, tracing where the operating resources and relationships genuinely sit, and asking what happens if those two diverge.

What a Governance Structure Can and Cannot Enforce

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