B. INSTITUTIONALIZATION OF THE BALANCED SCORECARD SYSTEM IN SIX - TopicsExpress



          

B. INSTITUTIONALIZATION OF THE BALANCED SCORECARD SYSTEM IN SIX (6) NATIONAL GOVERNMENT AGENCIES. As a strategic planning and performance management tool, the Balanced Scorecard (BSC) is used extensively in the private sector, non profit organizations and even in the public sector worldwide. To ensure a more balanced view of organizational performance, BSC tracks and measures performance given the following perspectives: constituency, process excellence, learning and growth and finance. The Performance Governance System (PGS) is the Philippine adaptation of the BSC model considering the country’s local conditions. It brings to fore the need to have a common reference for governance initiatives. Leveraging on public-private sector partnership, the PGS puts premium on strategy formulation and execution to effect breakthrough results. The PGS roadmap and scorecard allow government agencies to be assessed objectively, and therefore foster transparency and accountability in the different tiers of the organization. In addition, the participation of multi-sectoral stakeholders through the Multi-Sectoral Governance Coalition ensures that there is a collective stance to control corruption to bring the organization closer to its desired state. As contained in Figure 2, PGS is divided into four stages, namely: Initiation, Compliance, Proficiency, and Institutionalization. The sequencing of stages is designed in a manner that each will build on each other as a guide from strategy identification and formulation leading towards successful strategy execution. Consequently, specific requirements have to be complied with before moving on to the next stage.Six national government agencies were selected to institutionalize the PGS based on the following selection criteria: (1) significant revenue generation; (2) high levels of procurement; (3) major spending on infrastructure; and (4) institutional gains in improving their integrity systems based on their higher than average scores in the Integrity Development Review conducted by the Office of the Ombudsman in 2009. These agencies are: Department of Education Department of Health Department of Public Works and Highways Department of Transportation and Communication Bureau of Internal Revenue Philippine National Police
Posted on: Sun, 02 Feb 2014 12:09:20 +0000

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