A Balanced Approach to Meeting Fiscal Constraints

Similar documents
Building a Government Balanced Scorecard. Phase 1 - Planning

Rochester City School District Department of Human Capital Initiatives

BALANCE SCORECARD. Introduction. What is Balance Scorecard?

Balanced Scorecard Briefing for NAPA BaSIG

Aligning Process Redesign and Change Management with Project Management (System Implementation Projects)

5 Star London Hotels - Example Report

10 Steps KPI System Template Checklist

Quadrant I. Module 25: Balanced Scorecard

Draft Faculty Mentoring

The Call Center Balanced Scorecard

Zurich Financial Services & AMS. An evolving partnership. April Samulewicz. Mark Smith. Global Head of Talent Attraction & Recruitment CoE

Feb. 4, Government Executive, pg 21-28, April 2011.

Dynamic Reallocation of Portfolio Funds

The Balanced Scorecard- A strategic Management Tool. By Mr. Tarun Mishra. Prologue:

Employee Performance Management Process. Management Training Participant Workbook

The 10th INternational Conference on Software Process Improvement Research into Education and training, INSPIRE 2005, March 2005,

The Service Desk Balanced Scorecard

FY17-FY18 Audit Plan. Office of Internal Auditing

Assessing global performance in universities: an application of balanced scorecard

A Balanced Scorecard Approach to Strategic Planning. National Benchmarking Conference Overland Park, KS May 2-4, 2017

SOFTW ARE PRODUCTIVITY CONSORTIUM

ISO 9001 Auditing Practices Group. Aligning the QMS with the achievement of organizational and business success

Program Management Professional (PgMP)

The Balanced Scorecard

The City of Oregon City Oregon City Tourism Strategic Plan - Scope of Work. May 30, 2017 Submitted by Coraggio Group coraggiogroup.

Joliet Junior College

C O N T E N T S. April

Session 8 Balanced Scorecard and Communication Protocol

UNIVERSITY OF CALIFORNIA, DAVIS GRADUATE SCHOOL OF MANAGEMENT

HUMAN REsource Management

AWWA UTILITY BENCHMARKING. Performance Management for Your Utility

Implementing an Employee Engagement Programme

Introducing the Balanced Scorecard: Creating Metrics to Measure Performance

West Virginia University Compensation Strategy Non-classified Employees August, 2015

USAF CAD/PAD Program Overview CAD/PAD Industrial Summit

Unleashing the Enormous Power of Call Center KPI s. Call Center Best Practices Series

Portfolio Analysis. Making the Most of Our Dollars and Sense

Administrative & Student Information Systems Refresh: Phase I Project Update

! + TABLE OF CONTENTS. LEAD AND LAG INDICATORS... 2 Examples of lead and lag indicators Lead and Lag Indicators 1

The European Commission Mutual Learning Programme for Public Employment Services. DG Employment, Social Affairs and Inclusion PEER PES PAPER

Executing Strategy with the Balanced Scorecard

Stefanos Stavridis & Filippos Tsimpoglou. LIBER 40th Annual Conference, Universitat Politècnica de Catalunya, Barcelona 29/6/2011-2/7/2011

Lean Silver Certification Essential Body of Work

INTERNSHIP MANUAL. MSc International Tourism Management MSc Sustainable Development, Management and Policy MSc Management (Version Aug.

Overview. Basic idea Goals and benefits of a BSC Conversion Example Exercise

KENT STATE UNIVERSITY UNIVERSITY EMPLOYEE SEPARATION PLAN (UESP) STRATEGIC HIRING PROCESS OVERVIEW FY 2017

COF: Assessing, Analyzing and Improving the Role of our Current Learning Technologies in Student Success FORMAL RFP

INTRODUCTION THE ASSISTANT SECRETARY OF THE NAVY FINANCIAL MANAGEMENT AND COMPTROLLER WASHINGTON, D.C T T W T

INNOVATIONS FOR POVERTY ACTION CHIEF FINANCIAL & ADMINISTRATIVE OFFICER (CFAO)

Designing and Implementing Mentoring Programs for Early Career Faculty

Talent Community of Expertise

GMIG Courses and Course Descriptions

Service Requirements Review Board Department of Defense-Level 4th Estate Reviews Frequently Asked Questions

Welcome! ITSM Academy

The 9 knowledge Areas and the 42 Processes Based on the PMBoK 4th

Blue Pear Ventures. Pitch Lesson

CRC Staff Development Strategic Plan Spring 2005 Spring 2009

CSR / Sustainability Governance and Management Assessment By Coro Strandberg President, Strandberg Consulting

Assignment of Responsibility

APPLICATION OF THE GLOBAL STAR RATING SYSTEM FOR SERVICES. In Collaboration with

Annual Administrative Leadership and Unit Review (2013/14)

Internal Medicine Faculty Affairs Staffing Analysis Program & Operations Analysis University of Michigan Health System

2017 Training Programmes

WORKFORCE EDUCATION Organizational Development

Performance Evaluation using the Balanced Scorecard: The case of Sri Lankan Universities

Business Value and Customer Benefits Derived from High Maturity

Delivering End-to-End Supply Chain Excellence

STRATEGIC PLANNING TOOLKIT

Open Networks Project

Call Center Benchmark India

ITServices Strategic Plan

This assessment is currently under development for use in the redesigned Educational Leadership Program Implementation Summer 2010

IRP 101. Intro to Integrated Resource Planning. Scott Benson Manager, Resource & Transmission Planning. March 23, 2017

A Guide to the. Incorporating the Essential Elements of Strategy Within Your Organization. Empower

DIVERSITY, EQUITY, AND INCLUSION STRATEGIC PLAN

Levers of Organizational Change

1 Management Innovation Award City of Tyler: City University

An Introduction to the Green IT Balanced Scorecard as a Strategic IT Management System from An Environmental Perspective

ACTION PLAN. Staff buy-in and understanding of the concept, administrative support, availability of trainers. administrative support

UM Strategic Plan

Mentoring/Faculty Development Plan MUSC - Department of Obstetrics and Gynecology

Brand Plan Sample Template. Akademia Marketingu Farmaceutycznego

HQMC Strategic Workforce Planning Handbook

Higher Education Funding Council for England Call for Evidence: KEF metrics

When Lightning Strikes

SERVICE PROVIDER ALIGNMENT

Northeastern Association of Business, Economics, and Technology Proceedings

Postdoc job applications : don t panic guide!

Creating the Future: Strategic Planning for Schools

LUOMA ACTION TEAM #8 NEW EMPLOYEE ONBOARDING FINAL REPORT

Governance Process ENDS. Board- President Relationship. Executive Limitations

Accenture Federal Services. From Measurement to Improvement. Transforming Performance Management in Federal Agencies to Drive High Performance

AEP Utilities Presentation to Edison Electric Institute

CREATING THE EMR ADVANTAGE THE ARCH COLLABORATIVE EMR BEST PRACTICES STUDY NOVEMBER 2017 PERFORMANCE REPORT

Life Cycle Cost Estimate (LCCE)

Bakersfield College STRATEGIC PLAN through

Improvement of project quality through Project Excellence Preparation (PEP)

PASSPORT TO PERFORMANCE Your Year-End. Empowering you to do your best work every day

UPS UPS Case Abstract

Self-Assessment for the CoSN Certified Education Technology Leader (CETL ) Certification Exam

Transcription:

A Balanced Approach to Meeting Fiscal Constraints 2014 ICEAA Professional Development & Training Workshop Denver, CO 11 Jun 2014 Dr Steve Green, CCE/A Dr Kurt Heppard Dr Kevin Davis The views expressed in this presentation are those of the authors and do not necessarily reflect the official policy or position of the Air Force, the Department of Defense, or the U.S. Government.

Overview Background Performance Measurement Landscape USAFA Case Study Example Conclusion Opinions, conclusions and recommendations expressed or implied within are solely those of the authors and do not necessarily represent the views of USAFA, USAF, the DoD or any other government agency.

Background BLUF: can a performance measurement system be used as the foundation of a budget allocation tool? What gets measured gets rewarded, what gets rewarded get done Different than status quo: what gets spent gets rewarded What gets measured gets budget, what gets budget gets done Challenge is to measure the right things! Allocate the right budget Perspective Foundation of a much larger empirical study of processes and best practices of Institutions of Higher Education (IHE) that have embraced BSC looking for lessons learned for DoD

Performance Measurement Landsdcape Allocation of scare resources Money-Time-Tangibles Optiminimization? Not a good candidate for modeling Performance-Based Budgeting New metrics, new paradigm old concept! Always seems to come back to: what do you measure...and how?

Balanced Scorecard: Kaplan-Norton How do stakeholders subjectively see us? Financial Perspective Goals Measure Stakeholders objective perception of us? Customer Perspective Goals Measure Internal Business Perspective Goals Measure How can we continue to improve? Innovation & Learning Perspective Goals Measure What must we excel at?

Stakeholders objective perception How do stakeholders subjectively see us? Service Perspective Advising load AAOCA/OIC load DF level committees Local outreach/consulting Base-wide taskings/activities Volunteerism Research Perspective Presentations Publications Consultations % Faculty involvement Academic boards How can we continue to improve? Faculty Perspective Climate survey Promotion rate Various DFM awards National level recognition Faculty development Mid-semester and final cadet feedback Teaching Perspective Satisfaction exit survey Major field tests Course critiques Stakeholder interviews Graduate survey Management major numbers What must we excel at?

Case Study: USAFA Integrated Strategic Planning Academy-Wide Strategic Plan Mission and Vision Driven Focused on Mission Outcomes Linked to Financial Realities Using Integrated Mission Elements Balanced Scorecard Mapping Strategy Establishing Metrics and Benchmarks 7

Well known and respected methodology for strategic planning and resource management Commonly used in for-profit businesses, non-profit organizations, and government agencies Begins with vision and mission and aligns activities to the vision and strategy of the organization Improves internal and external communications Stresses measurement of organization performance towards meeting strategic goals Strategic Planning and Balanced Scorecard 8

Mapped Strategic Outcomes to the Performance Measures in the Balanced Scorecard Mission Outcomes Stakeholders Financial Goals and Limitations Budget Process Fiduciary Perspective Operational Objectives Internal Processes Developing and Supporting People Learning and Growth Mapping Strategic Outcomes and Performance Measures 9

DF Strategic Goals and the USAFA Balanced Score Card 1. Embed and improve learningfocused practices 2. Attract, develop, and sustain a faculty whose primary mission is to develop cadets 3. Design and acquire resources for physical, technological, and informational infrastructure for learning 4. Enhance faculty and cadet research 5. Ensure continuing vitality and relevance of the curriculum 10 10

Financial Resources Measurement System Secure and Manage Financial Resources Key Objective Points Measurement Statement Previous Status Current Status Trend Forecast 11

Secure and Manage Resources Key Objective Points Responsibly manage all financial resources entrusted to USAFA Sustain requirements-based programs, infrastructure, margin of excellence initiatives Secure multiple funding streams Evaluate institutional investments and alternatives by cascading programs and initiatives using established criteria EX: msn failure, QoL, margin of excellence, USAFA/CC priorities Measure Statement Previous Status Target Current Status Trend Forecast Develop & Support 1. Percent of FY13 budget (by PE) identified in formal spend plans (FM) 2. Percent of programs and initiatives fully defined over the FYDP (by PE) (FY13-14 via MIT PEM parades) (A8A) 3. Percent of budget fall-in after 1 Oct) (FM) 0.9% Oct 2011 4. Percent of Fix USAFA efforts still on track dollars executed (A7) 51% 100% May 100% Fall 100% (Sep) 100% 100% 0.2% 0.34% 0.2% 100% Sep 85.6% 90% G 100% Y 90% R <90% G 100% Y 90% R < 90% G 0.2% Y %0.5% R >0.5% G 100% Y >95% R 95% Review Date: 26 Apr 12 12 12

Mapping and Measurement Developing Quad Charts Academy-Wide Approach Used by all Mission Elements Basic Information Target Information Metric Description Measures of Success 13

Template: Quad Charts Objectives, Outcomes, and Development BASIC INFO: Balanced Scorecard Area: Strategic Goal: Level of Review: Frequency of Measure: Suggested Responsible Office for Tracking the Metric: RESOURCES NEEDED/ TARGET INFO: Measure Statement Target Current Color Coded METRIC DESCRIPTION: Describe Measurement Explain Expectations Discuss Data Collection Approach MEASURES OF METRIC SUCCESS: Specific: Measureable: Actionable: Relevant: Timely: Already Measuring: 14

Developing Quad Charts Dean of Faculty Examples Academy-Wide Approach Examples There are over 60 of these! Lacrosse Team Example 15

BSC Metric Recommendation BASIC INFO: BSC Area: TBD DF Strategic Goal: #4 Level of Review: DF Freq of measure: Annual Suggested DF office responsible for tracking the metric: DFER TARGET INFO: TBD Measure Statement Target Current Faculty Scholarship and Research Support $$$ Green METRIC DESCRIPTION: Amount of financial support for research and scholarship Compare research and scholarship financial support at USAFA with other universities or USAFA goals Maintain record DF and department budgets allocated to research and scholarship MEASURES OF METRIC SUCCESS: Specific: yes Measureable: yes Actionable: yes Relevant: yes Timely: yes Already measuring: yes (in some departments) 16

Transonic Wind Tunnel Initiative INITIATIVE GOALS: DF Goal 3.3 1. Maintain world-class education in Aeronautics 2. Expose cadets to challenges associated with operating in the transonic regime 3. Perform full-scale small UAV aerodynamic testing KEY MILESTONES: June 13: Business Case Analysis June 14: 65% Design Review Nov 16: Secure funding for TWT Jan 17: Begin construction of TWT RESOURCES AVAIL/NEEDED: $100K Business Case Analysis $200K 65% Design Review $28.0M TWT Funding FY 13 14 15 16 17 Need 100 200 0 28000 0 Fund 0 0 0 0 0 List sources: O&M; gifts; R&D; MILCON; etc. MEASURE OF METRIC SUCCESS: Specific: yes Measurable: yes Actionable: yes Relevant: yes Timely: yes Already measuring: no Return 17

Conclusion: A Balanced Approach University-Wide Strategic Plan Mission and Vision Driven Focused on Mission Outcomes Linked to Financial Realities Using Integrated Mission Elements Balanced Scorecard Mapping Strategy Establishing Metrics and Benchmarks 18