AICPA - American Institute of Certified Public Accountants

10/16/2024 | Press release | Distributed by Public on 10/15/2024 18:18

UK Advocacy: Seven Business Insights for a purposeful and integrated Government

The Government's Five Missions aim to set the UK on a road to long term prosperity. In this thought leadership report, CIMA sets out seven recommendations to help accelerate the strategic capabilities of Central Government, and support government in its thinking, as well as highlight the Civil Service's capabilities for the future.

Approaching the challenge through the lens of private sector best practices, and based on insights from prominent UK business leaders, the report highlights how the private sector would organise and operate to successfully deliver the Five Missions over the short, medium and long-term. It calls for the adoption of an integrated government business model, focusing on purpose, governance, strategy, performance, measurement, transparency and people.

The report also highlights that delivery and effective implementation of the five missions will depend on capabilities within the Civil Service, calling for a skills transformation through investment in training and talent development to seize new opportunities technologies, such as artificial intelligence, could offer to enhance better decision-making and productivity.

Andrew Harding, FCMA, CGMA, Chief Executive - Management Accounting at AICPA & CIMA, together as the Association of International Certified Professional Accountants, said: "As any business leader will attest, delivering transformative change is challenging, difficult and takes time. It is also often necessary and rewarding. There are correlations and lessons learnt from business that could be applied to make government effective and deliver results".