Chief Executive's Introduction
The Ministry of Economic Development assists the Government to develop and implement policies and services that promote growth. It leads the public sector-wide effort to advance the Government's agenda for economic transformation.
Economic growth contributes to the Government's objectives by underpinning the living standards of New Zealanders. It also supports social cohesion and sound environmental management.
The Ministry's broad goal is working to ensure that the business environment promotes productivity growth, and it undertakes a broad range of activities across six Votes in pursuit of this goal. To prioritise our effort and ensure that expertise and resources are focused on areas with the highest potential for growth, we have identified five key strategic priorities.
In summary, these are:
- Leadership
Leading a whole-of-government approach to economic development
- International Linkages
Improving the international linkages that allow firms to benefit from trade, knowledge transfer and investment
- Innovation
Fostering entrepreneurship and innovation in New Zealand firms
- Regulatory Environment
Strengthening the growth focus in the regulatory environment for business
- Infrastructure
Improving the quality and reliability of key infrastructure services
This Statement of Intent shows why these five strategic priorities have been chosen, what the Ministry is trying to achieve within each, what the critical issues are and which output classes contribute to each strategic priority.
While the strategic priorities focus on particular areas where increased effort is likely to be most positive for growth, all the Ministry's work aims to enhance growth. The diversity of the Ministry's contribution to growth is reflected in its 12 business environment outcomes. These have been revised since the previous Statement of Intent to improve their effectiveness as a practical device for guiding business-level strategy.
The Statement of Intent also outlines the Ministry's organisational development strategy. This strategy is designed to build the Ministry's capability, so it can realise its vision. It has three key aims: building an integrated organisation, making the Ministry an employer of choice and developing its leadership capability. The organisational development strategy also describes how the Ministry manages risks that could jeopardise achievement of its strategic priorities, business environment outcomes and operational services.
The Ministry's scope of activity is large. The strategic plan contained in this Statement of Intent shows how it intends focusing its resources to help to achieve the Government's economic transformation goals.
Geoff Dangerfield
May 2006
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