Head and governors round table, of course (6,5)

'head and governors round table of course' is the definition.
I know nothing about this answer so I can't tell whether this works.

'head and governors round table of course' is the wordplay.
I cannot quite see how this works, but
'head' could be 'lead' (synonyms) and 'lead' is found within the answer.
'round' could be 'o' (round can mean a round object) and 'o' is present in the answer.
'table' could be 'bar' (bar is a kind of table) and 'bar' is located in the leftover letters.
'course' could be 'e' and 'e' is present in the answer.
This may be the basis of the clue (or it may be nonsense).

Can you help me to learn more?