The Road to the SDGs

PURPOSE X IsDB’s 40-year assessment and the subsequent 10-Year Strategy Framework highlighted IsDB’s key achievements while also identifying major areas of improvements, including the following: – IsDB’s approach to interventions and assessment of critical MC needs should become more proactive – Project selection should be better aligned with development gaps in MCs – Resource allocation should be linked to strategy, by ensuring robust target setting and cascading strategic priorities. X To address the above key shortfalls, the P5P introduced an integrated approach to planning. This necessitated the adoption of an Integrated Strategic Programming Framework (ISPF). X The ISPF, which has been running for four years, aims to ensure that strategy is embedded in IsDB’s operations and administrative work programming by having a cohesive approach across strategy, operations, finance and budgeting. Four cycles have been completed based on this methodology. METHOD X The ISPF is primarily designed to address the key improvement areas identified for programming. It is being expanded to cover IsDB Group entities to synergise all investments on both operations and administrative aspects. The ISPF-based planning process produces a rolling 3-year Integrated Work Programme (IWP) that provides a unified view of IsDB’s resource allocation with its strategic priorities. Broadly, the IWP covers: – Proactive assessment to identify current and future needs of MCs, and effectively set IsDB’s transformation agenda for these MCs – Ensuring impactful project selectivity through a Project Qualification and Prioritisation (QnP) matrix that aligns project selection with MC needs and IsDB priorities – Linking strategy and resources (i.e. operations financing and administrative budget), ensuring robust target setting and cascading of priorities, a comprehensive and collaborative approach to planning, linking of resource requirements to targets, and result monitoring. X The strategic planning approach has gone through an iterative realisation process of ISPF components as follows: Integrated Strategic Programming Framework I sDB has designed an Integrated Strategic Programming Framework (ISFP) which aims to integrate strategy, finance and operations in the planning processes The ISPF-based planning process results in a rolling three-year Integrated Work Programme (IWP) that provides a unified view of IsDB’s resource allocation with its strategic priorities The ISPF encapsulates cascading of the P5P via corporate KPIs across all business units The ISPF ensures that the administrative budget is allocated strategically to support operations in MCs for an effective and efficient results delivery. This allows the efficient allocation of resources in the impactful areas for MCs [ 168 ] SDGs