TOOLS

sTRATEGIC pLANNING

Strategic planning translated into business plans put together companies goals, tasks, results and incentives. The tool enhances organizational processes, defines the strategy and direction for resource allocation, prioritizes activities, and establishes the optimum sequence of actions to achieve desired goals. Entities are highly rewarded when this tool follows a participatory process involving middle and top management and is closely supported by government leadership.

ict

ICT developments have produced effective and affordable tools to improve management of companies’ operations. The wide adoption of Enterprise Resource Planning solutions integrating all operational areas assure not only quick access to performance data but also tracks management decisions enhancing transparency and accountability across all staffing levels. Governments can be closer to private sector operations using advanced ICT tools.

PERFORMANCE INCENTIVES

Like private companies, government owned business can introduce performance incentive systems making staff and management participants of surpluses generation. This extremely important tool associated only to private concerns, has been gradually adopted by governments with outstanding results. Depending on the culture, political and social environments, the existence of tangible and non-tangible incentives, has become of the main tools for government-owned companies.