Public sector spending cuts delivered the i-nexus way
The Coalition Government announced the outcome of its much anticipated ‘Comprehensive Spending Review 2010’ which will see a number of large-scale reductions, including an average 19% four-year cut in departmental budgets, an annual reduction of 4% in police funding and an additional £7bn in welfare budget cuts. It is expected that these cuts will result in public sector job losses of around 490,000 in the next four years.
With public finances in a poor state and total UK debt expected to reach £900bn in the next few years, the real challenge lies in how the spending reductions are executed. In order to minimise the impact on critical frontline services it is essential that every attempt is made to effect the savings through improvements in operating efficiency or elimination of wasteful activity.
As covered in national press this week, 35 UK business leaders have written a letter of support for the Government’s plans to tackle the budget deficit head-on, however, the opposition is warning that cuts made too deeply and too quickly risk years of stagnation. Something that i-nexus chairman, Neil Sutcliffe, covered on a recent webinar hosted with customer Sharon Webber, business quality manager for public sector organisation Welsh Health Supplies.
With cuts putting unprecedented strain on Whitehall departments’ abilities to deliver the same service with a much-reduced budget and a leaner workforce, the need for successful execution of operational excellence programs, such as Lean Six Sigma, is crucial.
Using i-nexus software, leading organisations have dramatically increased the likelihood of achieving their goals through implementing a robust closed-loop Business Execution system capable of aligning and mobilising many thousands of employees in pursuit of strategic goals. Applying such an approach to delivering the budget challenges announced today will give organisations in the public sector the best chance of delivering the cuts whilst minimising impact on all-important public services.
Listen to the bespoke public sector webinar atwww.i-nexus.com/publicsector.
News Source : Public sector spending cuts delivered the i-nexus way
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