MoF receives a delegation from DoF Ajman to Eechange expertise on strategic planning and corporate performance

In line with its ongoing commitment to strengthen the relation with various UAE government entities, and following its efforts to enhance the exchange of expertise and share knowledge in different financial services andpractices, the Ministry of Finance (MoF), represented by the Strategic Planning and Performance Department, recently received a delegation from the Ajman Department of Finance (DoF) in its premises in Abu Dhabi. The visit aimed to enlighten Ajman’s Delegation about the Ministry’s experience on the developmentof strategic and operational plans as well as present them with the e-system specialised in monitoring and implementing the Ministry’s plans and methodologies regarding strategic planning and corporate performance.

In this regard, Ajman’s delegation viewed a presentation on the different steps involved in the preparation and follow up of all of the Ministry’s strategic and operational plans, the formation of work groups and committees, as well as risk&performance management. In addition, the delegation was briefed on the mechanisms ofemployees’ assessment, the Ministry’s operational initiativesalong with the Ministry’s achievement for the years 2008 - 2012.

Moreover, the presentations included the Ministry’s strategic development stagesduring the years 2008-2013, the results of the strategy’s analysis, the stages of the strategic analysis and the results of the Ministry’s strategic partnership, the most important achievements attained during the years 2008- 2012 while highlighting the significantexternalenvironmentalfactors affecting the Ministry. The presentations also explained the adopted stages in the modernisation of the Ministry’s vision, mission and values as well as its objectives and methodologies within the new strategic and operational plans for the years 2014-2016.

Furthermore,the delegation was briefed on the usage of Injaz monitoring and planning system, whereby they were presented withthe mechanisms used to input initiatives in the system as well as amending and monitoring the results.  The presentation also covered the characteristics associated with the system and its relation to the risk management in addition to its role in combining the budget withthe Ministry’s strategic and operational plan by sending it via e-mail. The delegation was also introduced to the system’s web page.