Page 32 - 2008_2009_Annual_Report

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Demonstrating Integrity and Transparency
objectives
Key Objectives
Performance Indicators
Progress
1. To sustain
compliance with the
provincial auditor’s
recommendations
and related to
SLGA directives
Manage and maintain
compliance through
effective internal controls
Develop work plans to
achieve the requirements
of all auditors
Sustain compliance with benchmarks
Achieve 95% compliance as tested
by SIGA’s internal auditor
3
Achieved
3
Achieved
2. To develop an Enterprise
Risk Management
process to identify
and manage risk
Establish a process to
assess and profile risk
Apply method of
creating and utilizing
risk mitigation strategies
Compliance with the Risk
Management policy
Higher relative rewards for risks taken
3
Ongoing
3
Ongoing
3. To achieve and maintain
high standard of corporate
accountability through
best business practices
Ensure individual
accountability by
establishing and managing
performance objectives
Implement a classification
and retention schedule
for records management
system
Implementation of governance
recommendations made by the
internal auditor in accordance
with the Canadian Institute of
Charter Accountants
Effective management of corporations
physical records
3
Recognition by
Conference Board
of Canada
3
Centralized records
system developed
and ongoing
4. To implement a corporate
wide performance
measurement method
Implement the balanced
scorecard method
throughout the organization
The development of functional area
balanced scorecards
3
Targets established
& implemented
3
JDE software and
programming introduced
and implemented
3
Transition strategy
being defined
3