Our Outcome Performance 2006/07
In this section we report progress during 2006/07 on the priority result areas in each of the Treasury’s three outcome areas. These are Improved Overall Economic Performance,Stable and Sustainable Macroeconomic Environment and Improved State Sector Performance.
Over the past year we moved from four outcomes to three, resulting in a split of the former Efficient Management of the Crown’s Assets and Liabilities outcome. We refocused our strategic agenda on the three outcomes where we could have the most influence (with others) to achieve the Government’s goals. These outcomes reflect, and are aligned with, the Government’s broad objectives (themes) of economic transformation, families – young and old, and national identity. In deciding where we would focus our efforts in achieving each outcome, we considered how we could best contribute to achieving those Government objectives while contributing to higher living standards for all New Zealanders.
The Treasury’s main output, or service, is policy advice. This policy advice, as well as the other services we provide, is captured in our nine output classes (see pages 24-44 for more detail). These output classes contribute directly to the results we want to achieve, which reflect the areas where we can have the greatest impact. The reason we also focus on results is that our effectiveness as a Department is not based solely on delivering our outputs. Success is also about engaging effectively internally and with our key customers, providing good quality policy advice and operations, and the ability to be more flexible to respond to changes in our operating environment.
| The Treasury’s outcomes | ||
|---|---|---|
| Improved overall economic performance | Stable and sustainable macroeconomic environment | Improved State sector performance |
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| Results focus | ||
| Through the results focus we are being more explicit about the areas we think will make the greatest contribution to achieving our outcomes, the impact we are seeking in these areas, and what we are going to do to achieve this. | ||
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| The Treasury’s output classes | ||
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