Report On The Implementation Of Sec Organizational Reform Recommendations - U.s. Securities And Exchange Comission - 2011 Page 9
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
25U.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
recommendations for action. Each workstream is assigned to a senior SEC staff member, tasked
with leading the analysis of the specific issues, creating a clear statement of findings, and designing
and executing or delegating implementation.
Established Program Management and Governance
The agency also took the following actions to develop and implement a management and
governance infrastructure to ensure effective program oversight:
Creation of an Executive Steering Committee (ESC)
The ESC provides oversight, integration and initial decision making across all workstreams,
including: evaluating individual analyses and subsequent implementation options; assessing major
dependencies; approving modifications to workstream scope or schedule; analyzing impacts to the
SEC workforce and culture; and developing mechanisms to assess and incorporate stakeholder
perspectives. The ESC is chaired by Mr. Heslop (who reports to the Chairman), with membership
comprised of Workstream Leads (or designees). The ESC utilizes two subcommittees to review
implementation plans and advise on how best to prioritize, sequence and harmonize the significant
work that each workstream will perform. The Operating subcommittee focuses on leading analysis
and interim decision making at the workstream level, while the Executive subcommittee provides
review in determining program-wide actions based on workstream conclusions. The Executive
subcommittee votes on recommendations to be presented to the Commissioners for review and
commentary.
Establishment of a Program Management Office
In May 2011, the SEC engaged the management consulting firm Booz Allen Hamilton (Booz
Allen) to establish a Program Management Office (PMO) responsible for deploying program
management processes and analysis support infrastructure. The PMO supports workstream
integration, designs and delivers program communication, ensures transparency through program
management tools and performance metrics, and provides support to workstreams during analysis.
Specifically, the PMO supports the ESC by: helping the ESC adhere to established criteria and
thresholds for decision making and issue consideration; maintaining the program integrated
schedule, risk / issue log, and program reporting tools; assisting the workstreams in the
development of their schedule, schedule updates, and risk assessments; and development and
dissemination of communications at the program and individual workstream level.
P
9
AGE
ADVERTISEMENT
0 votes
Related Articles
Related forms
Fourth Report On The Implementation Of Sec Organizational Reform Recommendations - U.s. Securities And Exchange Commission - 2013
Legal
Form Id - Uniform Application For Access Codes To File On Edgar - U.s. Securities And Exchange Commission
Legal
Form Id - Uniform Application For Access Codes To File On Edgar - U.s. Securities And Exchange Commission Washington, Dc
Business
Form Hud-9886 - Authorization For The Release Of Information / Privacy Act Notice - U.s. Department Of Housing And Urban Development
Legal
Related Categories
Parent category: Legal