The Road to the SDGs
PURPOSE X The new business model shifts IsDB towards a decentralised decision making framework whereby leaders at the second and third levels are empowered to make decisions while being accountable. This new model improves efficiency significantly and requires a strong ex-post oversight. X Decentralised organisations need to build multiple lines of defence (i.e., from the field, to the middle/senior management, to dedicated independent oversight units, to board-level steering and external evaluation). X In the absence of a comprehensive policy framework that defines how IsDB should strike such a balance while taking into consideration the steep transition away from centralisation, the organisation decided to introduce the ICF. X The ICF aims to serve the following purposes: – To adapt IsDB's new governance model to the strategic vision of the 10YS and the P5P – To improve IsDB's strategic effectiveness by balancing efficiency gains with additional lines of defence – To facilitate IsDB's transformation from a centralised to a decentralised organisation. METHOD X Through single-point accountability, which is a global best practice in corporate governance, the ICF emphasises the clarity of responsibilities and the alignment of authorities with accountability. X The ICF ensures the effectiveness of IsDB's governance practices by: – Defining the mandates, rights, responsibilities, roles, functions, and structure of the principal authorities of the BED and the Management with the operationalisation of the new business model through the adoption of a decentralised approach and the operationalisation of Regional Hubs (RHs) and Centres of Excellence – Updating governance documents, including the organisational manual, the organisation structure, BED committee charters, Management committee charters, the Delegation of Authorities (DoA) Matrix, and other key governance instruments – Facilitating and catalysing the development, maintenance, updating, monitoring and publication of policies. ACHIEVEMENTS X The achievements made under the ICF to date include: Integrated Control Framework T he Integrated Control Framework (ICF) defines the mandates, rights, responsibilities, roles, functions and structure of the principal IsDB authorities based on a framework of single-point accountability The ICF has improved controls, transparency in operations, and efficiency and effectiveness in service delivery [ 184 ] SDGs
Made with FlippingBook
RkJQdWJsaXNoZXIy NzQ1NTk=