Strategic overview
The development, implementation and maintenance of a performance management policy is critical in meeting the needs of our stakeholders effectively, efficiently and economically.
Our reporting legislative requirements include:
| Performance management process | NLC |
|---|---|
| Strategic planning | Treasury Regulations – chapter 30 |
| Budgeting and implementation planning | Treasury Regulations – chapter 30 |
| Implementation | Treasury Regulations – chapter 30 |
| Reporting (in-year and annual reporting) | PFMA, section 55(2)(a) and Treasury |
The NLC’s planning aims to undertake the following:
- Achieve a uniform approach to ensure compliance with the PFMA in relation to performance management and reporting.
- Promote open and transparent management of performance information strategy and measurement process.
- Uphold sound corporate governance principles.
Please click here to see for our vision, mission and values.
Performance management within the NLC is an integrated management strategy that seeks to:
- Create a shared vision of the purpose, aims and values of the NLC.
- Help stakeholders and employees understand their part in contributing to the achievement of organisational aims and goals, as well as maintaining organisational values.
- Manage and enhance the performance of individual employees and that of the NLC as a whole.
- The performance management process comprises planning, budgeting, monitoring and reporting of performance.
The diagram below depicts the relationship between the processes and also highlights the Executive Authority’s accountability for the process to Parliament.
For more information on our performance against our strategy, please see here.