Report On The Implementation Of Sec Organizational Reform Recommendations - U.s. Securities And Exchange Comission - 2011 Page 25

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U.S. S
E
C
– M
A
P
(MAP)
ECURITIES AND
XCHANGE
OMMISSION
ISSION
DVANCEMENT
ROGRAM
R
I
SEC O
R
R
EPORT ON THE
MPLEMENTATION OF
RGANIZATIONAL
EFORM
ECOMMENDATIONS
integrated with the MAP workstreams to ensure it understands the intent of each of the workstreams
and how they may impact key goals, objectives and measures in the SEC Strategic Plan,
Performance Accountability Report (PAR), and Budget requests to the Office of Management and
Budget (OMB) and Congress. ENF and OCIE continue to drive forward in developing more
outcome oriented performance measures to better measure and communicate program success. For
example, ENF’s Office of the Managing Executive is leading the division’s efforts to create and
collect data, including a dashboard of quantitative and qualitative metrics, and to incorporate this
data into their regular review process. OCIE has also developed new metrics and uses them to
manage the National Exam Program. The overall goal of this workstream is to work with each of
the division/offices to establish new or revise existing performance measures, as required, to align
to SEC strategic direction in preparation for the February 2012 Strategic Plan release.
6.0
Conclusion
The SEC recognizes that implementation of many of the ideas in the BCG study will require a long-
term commitment and sustained effort over several years to successfully implement. While still in
the early stages of implementing the BCG recommendations, the SEC is committed to an open and
transparent process. Consistent with the statute, the agency intends to report to Congress on a
regular basis on the actions taken in response to the study.
P
25
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