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USAID Announces Business Transformation Results Report
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WASHINGTON, DC - The United States Agency for International Development (USAID) released a report on its business transformation achievements on August 9, 2004 in parallel to a government wide release of similar reports by each Cabinet department and major agency and the Office of Management and Budget published a governmentwide report at www.results.gov.

"USAID's business transformation report is a summary of our management reforms and results-oriented achievements over the past three years, said Deputy Administrator Frederick W. Schieck "Our reforms, which directly support the goals of the President's Management Agenda, are laying a solid foundation for this Agency to meet the challenges of the future."

The report was prepared to inform USAID employees, members of Congress, business partners, and U.S. taxpayers about the Agency's business transformation results and benefits.

Under the guidance of the Agency's Business Transformation Executive Committee (BTEC), USAID's management reform achievements include:

  • Received first ever clean audit opinion on Agency financial statements that demonstrates transparent and accountable financial practices.

  • Achieved over 25% improvement in employee satisfaction with administrative services as a result of management reforms.

  • Launched comprehensive human capital strategy and Development Readiness Initiative to identify and close critical skill gaps, revitalize the workforce and enhance Agency performance.

  • Deploying a new financial management system and new procurement software overseas to enhance decision-making and enable fast and accountable transactions.

  • Allocated funds to countries with the most need and the highest commitment through strategic budgeting. Re-allocated $30 million to higher performing, higher need programs after an internal program performance assessment.

  • Saving over $5 million in taxpayers funds through joint licensing agreements as a result of the Joint Financial Management System collaboration with State Department. Enhancing knowledge management systems and methods to capture and share development expertise and new ideas.

  • Saved $836,000 in taxpayer funds through on-line training, enabling Agency employees to complete nearly 2000 web-based courses to enhance job performance. Trained nearly 1000 employees on Executive and Senior Leadership to enhance career development opportunities.

  • Better aligning staff with foreign policy priorities with a new overseas staffing template - 21 positions moving to Asia and Near East programs.

  • Streamlined and automated the Agency's recruitment process reducing the hiring cycle from 229 days to less than 45 days from job announcement to employee selection.
For more information about USAID, please visit our website at www.usaid.gov


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