In a public sector business, who is responsible for governance and overall direction?

In a public sector business, the governance and overall direction are primarily the responsibility of the government. Public sector organizations are typically established to serve the interests of the public and are funded by taxpayer money. As such, they operate under a framework of policies and regulations set by government entities, ensuring that they adhere to public accountability and transparency.

The government's role involves setting strategic goals, overseeing compliance with laws and regulations, and providing direction to ensure that public services meet the needs of the community. Unlike private sector organizations where shareholders or a private board of directors direct operations based on profit motives, public sector entities focus more on social value and public service objectives, making government oversight crucial in maintaining these priorities.