Transcript TREASURY INDICATORS INTERNAL AND EXTERNAL BENCHMARKS FOR

TREASURY
INDICATORS
INTERNAL AND EXTERNAL
BENCHMARKS FOR
COMPARISON
Keith L. Clark
United States Department of
the Treasury
PEM-PAL Workshop for Treasury
Officials
Ljubljana, Slovenia
26-27 June 2006
TRUTH OR FICTION ?
“THERE ARE NO GOOD
INDICATORS THAT
TREASURIES CAN USE
TO BENCHMARK AND
COMPARE
PERFORMANCE”
PERFORMANCE INDICATORS


TRACK ANNUAL PROGRESS
TOWARDS GOALS AND Performance
OBJECTIVES.
MEANS TO COMPARE
OPERATIONS AMONG
DIFFERENT COUNTRIES.
TYPES OF INDICATORS

OUTCOME –PERFORMANCE OR
RESULT
– EXAMPLE:


IMPLEMENTATION OF A NEW SYSTEM IN 50% OF
SPENDING UNITS
OUTPUT – WORKLOAD OR
PRODUCTION
– EXAMPLE:
• NUMER OF ACTIVITIES COMPLETED OVER TIME
TYPES OF INDICATORS

(CONT)
EFFICIENCY -- COST PER UNIT
– EXAMPLE:


COST PER SPECIFIC TREASURY ACTIVITY
INPUT -- RESOURCES REQUIRED
– EXAMPLE:

NUMBER OF STAFF NEEDED FOR AN ACTIVITY
YOUR INDICATORS
EACH TABLE DEVELOP 3 TO 5
PERFORMANCE INDICATORS
THAT YOU THINK WOULD BE
USEFUL FOR INTERNAL AND
EXTERNAL COMPARISONS.
YOU HAVE 10 MINUTES
WHY ?
POSSIBLE FOLLOW UP

THIS TREASURERS' NETWORK
COULD APPOINT INTERESTED
MEMBERS TO DEVISE A
PREFERRED LIST OF
BENCHMARKS FOR
COMPARISONS AMONG ITS
MEMBERS.
LAST QUESTION:
IS IT
TRUTH
OR
FICTION?