Fourth Report On The Implementation Of Sec Organizational Reform Recommendations - U.s. Securities And Exchange Commission - 2013 Page 22
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37F
R
I
SEC O
R
R
OURTH
EPORT ON THE
MPLEMENTATION OF
RGANIZATIONAL
EFORM
ECOMMENDATIONS
The Subcommittee has begun evaluating current roles and responsibilities in all operational areas
to develop implementation plans for each regional office and headquarters operations function.
Once finalized, these implementation plans will be executed under the leadership of the ENF and
OCIE Managing Executives, in coordination with the OCOO.
Workstream Decision Process Completed Outside the ESC Governance Process
The following workstream decisions were completed outside of the ESC process. Many of these
initiatives were already in progress at the time of the BCG study.
11. Workstream 2C: Seeking flexibility from Congress on Dodd-Frank-mandated Offices
As stated in the Third Report to Congress, the SEC has established an Office of Minority and
Women Inclusion, an Office of Credit Ratings, and the Office of Municipal Securities, with
directors on-board in all three Offices. The process for hiring the Investor Advocate continues.
12. Workstream 3E: Accelerating the roll-out of the SEC’s Evidence-Based Performance
Management (EBPM) system
The EBPM was successfully implemented in 2012. All non-bargaining unit members have been
placed into the system and will receive pay-for-performance in FY13. Bargaining unit members
have also been placed into the EBPM system, although they still receive a Rating of Record of
Acceptable/Unacceptable. Transition to EBPM has already made a positive impact. Employees
are receiving useful performance feedback that is clearly related to critical job elements and
managers have become more aware of their responsibilities as leaders in addition to their roles as
technical experts.
Over the last six months the following progress has been made to further institutionalize the
EBPM and strengthen a performance management culture:
• An electronic version of the EBPM system is being piloted. The system will allow for
greater speed, communication, and management of all aspects of EBPM.
• An internal audit of the EBPM system was conducted to determine managers’
compliance with EBPM procedures and the quality of manager and employee narratives.
P
22
AGE
ADVERTISEMENT
0 votes
Related Articles
Related forms
Report On The Implementation Of Sec Organizational Reform Recommendations - U.s. Securities And Exchange Comission - 2011
Legal
Form Id - Uniform Application For Access Codes To File On Edgar - U.s. Securities And Exchange Commission
Legal
Related Categories
Parent category: Legal