By Melissa Centurio Lopes on Aug 06, 2013
By: Amy DeWolf
From the fiscal cliff to the current sequester, government agencies are operating in a period of fiscal uncertainly. At best agencies will have flat year-on-year budgets, barely keeping up with the rate of inflation. At worst agencies will face deep budget cuts. While many agencies are already reducing waste, cutting back on training, and increasing efficiencies, this new environment of constrained budgets and stricter congressional oversight will require agencies to provide real proof of ROI.
In a new Economist Intelligence Unit research report, Proving value in an age of austerity: A new normal for US government programmes, they discuss three steps federal agencies need to accomplish to prove value and accommodate this new environment:
- Demonstrating Value
- Doing more with Less
- Producing Incremental Value
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