Principle 2: Management and oversight

The organisation's management and oversight is accountable and has clearly defined responsibilities.

Well defined management responsibilities and accountabilities, meaningful strategic plans and work programs,  and independent oversight are cornerstones of governance in any type of organisation. Principle 2 outlines how these concepts should be translated into practice in the public sector environment.

Operational element Requirements to achieve organisational performance and accountability Additional resources

2.1  A charter defines roles, responsibilities and accountability for all relevant levels of management (e.g. those involved in setting the organisation’s key strategic goals and outcomes and monitoring organisational performance)

Public Sector Management Act 1994 (Part 2)

 

 

Statutory Corporations (Liability of Directors) Act 1996 (Part 2, Divisions 1 and 2, Part 3)

 

State Trading Concerns Act 1916

 

CEO Performance Agreements

Standards Australia, AS 8000-2003 Corporate governance – Good governance principles

 

'Compliance in the public sector', Chartered Secretaries Australia

 

Standards Australia, HB400 -Introduction to Corporate Governance

2.2  Where boards and committees exist, the relationship between the parties must be clearly defined

Public Sector Management Act 1994 (Sections 3 and 5)

 

Treasurer’s Instruction 951: Related and affiliated bodies

Good governance guide for boards and committees

 

Conduct Guide for Boards and Committees

2.3  A strategic plan outlines the organisation’s key strategic goals and outcomes and outputs CEO Performance Agreements

Public Sector Commissioner's Circular: 2009-22 Strategic Asset Management Framework

 

Standards Australia, AS 8000-2003 Corporate governance – Good governance principles

2.4  Operational plans and programs of work exist that define critical success factors and outline how key strategic goals and outcomes will be accomplished at all levels of the organisation Public Sector Management Act 1994 (section 29 (1)(a) and (c))  
2.5  A delegations framework defines authority levels

Public Sector Management Act 1994 (section 33)

 

Financial Management Act 2006

 

Treasurer’s  Instruction 107: Authorisation

 
2.6  Performance measures are defined and monitored for the organisation’s strategic goals

Treasurer’s  Instruction 904: Key performance indicators

 

CEO Performance Agreements

Outcome Based Management Guidelines 2004 (Department of Treasury)

Useful links


Page last updated 3 November 2015