Treasury’s corporate plan is our primary planning tool and framework within which we develop our strategies, objectives and work practices. It articulates our vision, mission and values, the factors that we perceive to be critical to our success, the challenges we face, our key strategies for the coming year and the outcomes that we hope to achieve for the community.
As well as enabling us to manage performance at the corporate and branch level, our planning and reviewing processes assist us in managing individual performance. Each member of our staff has a performance agreement with their supervisor that is reviewed every six months at a Performance Management Interview. This review enables each individual to ensure that their performance is focused on achieving organisational goals.
Corporate planning is an ongoing process that encompasses a 12-month cycle of planning, reviewing and decision-making that is linked to the State Budget process. During this cycle, we monitor and measure our corporate and branch performance each month.
As outlined in the corporate plan, we set out to achieve the following four Desired Agency Outcomes in 2010–11.
- The Treasurer and other key clients receive efficient and effective financial and asset management services.
- The Government receives sound and timely economic and fiscal policy advice.
- Statutory bodies receive high quality regulatory and revenue management services.
- Services to our internal clients are provided efficiently and effectively.
Our key stakeholder is the Treasurer.
We also have important relationships with the following stakeholders, upon whom our ability to meet our objectives relies:
- the Premier and other Ministers;
- our staff;
- agencies, Government Business Enterprises and State-owned Companies;
- the Australian Government, regulatory bodies, local government and other statutory authorities;
- taxpayers and their representatives;
- the community; and
- Parliament, Cabinet and ministerial advisers.
Our critical success factors
We have identified four factors critical for our success that enable us to achieve the Government’s objectives:
- reliability; and
In 2010-11, we planned to:
- Start implementing Treasury’s five-year Information Management Strategy to improve our information management capability and the quality and timeliness of the advice and services we provide to the Treasurer, the Premier and other key stakeholders.
- Continue to liaise with the selected developer, Citta Property Group Pty Ltd, on the redevelopment of parliament square which will see the revitalisation of the cultural, business and heritage aspects of Hobart’s cityscape.
- Oversee the renewal of the Princes Wharf Number 1 Shed and its immediate surrounds to make it a dynamic public place for the people of Tasmania.
- Collaborate with the Department of Primary Industries, Parks, Water and Environment to implement national electronic conveyancing for Tasmania and introduce associated enhancements to the Tasmanian Revenue Online system to deliver benefits to clients of the State Revenue Office.
- Implement the Standard Business Reporting channel for clients of the State Revenue Office as part of the Australian Government’s national SBR project to enable more efficient business to Government reporting.
- Provide support to the Tasmanian Economic Regulator in the implementation and administration of the new water and sewerage economic regulatory framework and its monitoring of the performance of the industry.
- Continue oversight of the final projects of the Australian Government Nation Building – Economic Stimulus Plan in Tasmania.
- Undertake a further Economic and Social Impact Study on Gambling in Tasmania.