FI Competency Profile and Core Curriculum. FMI PD Week 2010 Human Capital Stream - Tools November 24, 2010

Transcription

1 FI Competency Profile and Core Curriculum FMI PD Week 2010 Human Capital Stream - Tools November 24, 2010

2 Competencies Defined as the characteristics of an individual which underlie performance or behaviour at work They are: Measurable Observable They can be used as part of: Recruitment and Staffing Learning and Development Performance Evaluation 2

3 FI Competency Profile Based on the FI to CFO Career Path To be approved by the DCFO Council Available to the Financial Management Community in latter part of this fiscal year 3

4 FI Competency Profile Consists of Skills Communication Risk Management Negotiation.. and Competencies (Key Leadership Competencies) Values and Ethics Strategic Thinking (Analysis and Ideas) Engagement Management Excellence (Action, People and Finance) 4

5 FI Competency Profile (extract) Management Excellence Finance: PS leaders deliver results by maximizing organizational effectiveness and sustainability. They ensure that people have the support and tools they need and that the workforce as a whole has the capacity and diversity to meet current and longer-term organizational objectives. They align people, work, and systems with the business strategy to harmonize how they work and what they do. They implement rigorous and comprehensive human and financial resources accountability systems consistent with the MAF. They ensure that the integrity and management of information and knowledge are a responsibility at all levels and a key factor in the design and execution of all policies and programs. FI-01 FI-02 FI-03 FI-04 Uses government assets and resources appropriately and responsibly by understanding and applying related government policies Fulfils legal obligations and policy requirements (such as on acquisition, use and protection of materiel and public property, the safeguard and management of information, cooperation on audits, evaluations or reviews) Pursues operational efficiencies and value for money Applies and monitors rigorous systems for Financial Information Management, internal audit, and evaluation Allocates and manages project resources transparently Implements strategies to achieve operational efficiencies and value for money Fulfills obligations for project finance and assets management Acts on audit, evaluation, and other objective project team performance information Allocates and manages unit resources transparently Fulfills obligations of accountabilities for unit finance and assets management 5

6 FI Competency Profile (extract) Strategic Thinking Analysis: PS leaders advise and plan based on analysis of issues and trends, and how these link to the responsibilities, capabilities, and potential of their organization. They scan an everchanging, complex environment in anticipation of emerging crises and opportunities. They develop wellinformed advice and strategies that are sensitive to the various needs of multiple stakeholders and partners, reflect the strategic direction of the PS and position the organization for success. FI-01 FI-02 FI-03 FI-04 Plans and adjusts work based on a thorough understanding of requirements and priorities and seeks clarification and direction, as appropriate Considers relevant information from various sources to form a comprehensive perspective Exercises sound judgment and obtains all relevant facts before making decisions Analyzes setbacks and seeks honest feedback to learn from mistakes Develops project work plans with a thorough understanding of the functional area Links information across individual work to form a comprehensive perspective Tracks changing unit priorities and analyzes impact on peers, partners, stakeholders and/or staff activities Seeks clarification and direction, as required Develops unit direction, based on a thorough understanding of the functional area Tracks changing division priorities and analyzes impact on unit work plans Coordinates information from multiple projects to form a comprehensive perspective Identifies interdependencies across unit projects Frames division direction with a thorough understanding of the directorate s priorities Integrates information from multiple sources to form a comprehensive perspective Identifies interdependencies in crossfunctional projects 6

7 Next Steps? Develop definitions for functional competencies based on the FI to CFO Career Path identify functional areas of responsibilities and define these Develop competency dictionary which would include the definitions of both the behavioural and functional competencies Develop assessment tools provide departments and agencies with generic assessment tools and guides to be used in conjunction with the profile Develop a self-assessment tool that could be used by individuals to self-assess for current and future roles within the FI category 7

8 FI Core curriculum - Mandate To support GOC policy Policy on Learning Training & Development aims to enhance professional standards of functional specialists, including finance specialists; further strengthened by the Directive on Administration of Required Training Policy on Financial Management Governance provides for the development and implementation of a government-wide core learning strategy on financial management for all employees of the public service involved with the management of resources and meet the evolving needs of Financial Managers resulting from increased accountability, emphasis on risk management and the impacts of the policy renewal 8

9 ESSENTIAL TRAINING CORE BASIC ASSESSMENT FUNCTIONAL ASSESSMENT STRATEGIC ASSESSMENT FM Certificate Program Education/Professional Accreditation REQUIRED TRAINING PROFESSIONAL DEVELOPMENT FOR FINANCIAL MANAGEMENT SPECIALISTS FI-01 BASIC FUNCTIONAL STRATEGIC F-111 Financial Mgmt. Control Frameworks F-112 The Govmt Plan., Budgeting, Report. & Eval. Cycle CFO DEVELOPMENTAL F-113 Financial Mgmt. Systems Introduction to Risk Management Intro to Revenue and Funding Arrangements Risk Management The Application of Revenues and Funding Arrangements Costing in Government Business Analysis TB Submissions - MCs Integrated Risk Assessment & Management Strategic Thinking: name of speaker and/or subject presented (Strategic Business Analysis, Resource and Financial Management, Reporting and Budgeting) Change Management Project Management Negotiating Skills Facilitation Skills Effective Writing Communications HR Management Effective Presentations Client Service Problem Solving Working in Teams Reporting & Budgeting 9

10 Required Training for FIs Financial Management Control Frameworks (F-111) The Government Planning, Budgeting, Reporting & Evaluation Cycle (F-112) Financial Management Systems (F-113) Pre-requisite to F-112 Pre-requisite to F-113 and all other courses in curriculum Target audience: All FIs in Core public administration with less than 5 years experience Timeframe for Completion: 36 months as of September 1, 2010 Delivery: CSPS classroom or departmental MOU 10

11 Progress So Far Completed: Financial Management Control Frameworks (F111) The Government Planning, Budgeting, Reporting and Evaluation Cycle (F112) Financial Management Systems (F113) To be developed in Risk Management Preparing Treasury Board Submissions and Memorandum to Cabinet (update) Strategic Series 11

12 Strategic Series Seminars and workshop type format» Develop critical thinking» Special topics VS recurring themes» Discussions with senior financial leaders from public, private and academic sectors Target population: FI-03 and FI-04 12

13 Strategic Series Proposed offerings for :» Business Analysis (workshop) October 5, 2010» Strategic Relationships (seminar) December 10, 2010» Expectations (seminar)» Communications (seminar)» Risk (workshop) 13