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富有成效的方法:金融专业人员提高公共部门的生产力(英)2024
2024-12-09 07:35

Investment Rating - The report does not explicitly provide an investment rating for the finance sector or public sector productivity improvements Core Insights - The report emphasizes the urgent need for improving productivity in the public sector to address rising debt and deficit levels globally, suggesting that finance professionals play a crucial role in this transformation [12][13] - It highlights the importance of a strategic shift in finance roles from cost-cutting to enabling productivity improvements across the public service delivery chain [13][15] - The report outlines three main elements of the public service delivery chain: budget efficiency, organizational productivity, and effectiveness of outcomes and outputs, with finance professionals being integral at each stage [15][20] Summary by Sections Research Approach - The report is based on six roundtable discussions with over 40 public sector employees across nine jurisdictions, focusing on finance roles within various government organizations [8] Public Sector Productivity - Public finances are under pressure, necessitating a focus on productivity improvements to enhance public service delivery [12] - The relationship between inputs and outputs is central to understanding productivity, with the report advocating for a comprehensive examination of the public sector's delivery chain [14][26] Elements of Public Service Delivery Chain - Budget Efficiency: Emphasizes the need for realistic budgeting and effective data management to enable decision-making [16][17] - Organizational Productivity: Focuses on understanding how inputs are converted into outputs and the importance of adaptability in response to changing demands [18][19] - Effectiveness of Outcomes and Outputs: Stresses the need for finance professionals to prioritize activities that significantly influence achieving public service objectives [20][21] Finance Function Evolution - The report outlines a ten-point plan for finance professionals to enhance productivity, including aligning budgets to priority outcomes, driving realistic budgets, and collaborating with procurement teams [23] - It highlights the necessity for finance professionals to continuously upskill to meet evolving demands in the public sector [23][30] Importance of Productivity - Improving productivity is vital for addressing wage pressures, rising expectations, and fiscal challenges in the public sector [77][78] - The report notes that public sector organizations face significant spending pressures due to demographic changes, geopolitical tensions, and climate change [88][90] Budget Utilization - The budget is identified as a critical tool for driving productivity, with recommendations for setting realistic assumptions and effective procurement practices [93][94] - The report emphasizes the need for public sector organizations to approach procurement holistically to enhance outputs and outcomes [102][108]