Business Improvement

A viable and socially responsible organisation

Effective Corporate Governance | Responding to Business Opportunities | Employing Best Practice Business | Community Service Obligations

Effective Corporate Governance

Introduction
Financial Management
Planning
Corporate Restructure

Introduction

ASDA devoted significant effort and resources to improve all aspects of its corporate governance and support arrangements.

Top of page

Financial Management

The Agency implemented a number of enhancements to its financial management practices.

This included new budgeting processes, a review of the Agency’s service charging system based on detailed analysis of ASDA’s costs and on-going improvements to its accounts processing practices.

All of these reforms placed the Agency in a sound position to further improve efficiency in the coming years.

Top of page

Planning

Under the ASDA Act, the Agency must prepare a strategic and operational plan.

ASDA’s 2001–2005 Strategic Plan was approved by the then Minister for Sport and Tourism in September 2001.

The Strategic Plan was developed through a process of environmental scanning, performance review and extensive consultation with stakeholders and clients. The Strategic Plan includes revised performance measures developed from operational indicators, which will provide more meaningful data for decision-making.

The ASDA Act also requires the Agency to have an annual operational plan that outlines programs, resources allocated to those programs and the mechanisms by which performance will be evaluated.

The Agency’s operational plan for 2001–2002 was updated and approved by the Minister early in 2001–2002. An updated operational plan was also prepared and forwarded to the Minister at the end of the reporting period.

Top of page

Corporate Restructure

ASDA established a new corporate structure following a review. The restructure was designed to increase the Agency’s efficiency and effectiveness. This process involved recruiting and appointing staff to several new positions, including two General Managers.

The new structure enabled ASDA to operate in a rapidly changing work environment by providing staff with appropriate authority, autonomy and support. ASDA’s corporate structure is at Figure 6.

Top of page