Day 2: Ministry of Finance and its branch in Finland

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1 Day 2: Ministry of Finance and its branch in Finland Virpi Einola-Pekkinen

2

3 Ministry of Finance s branch of government Limited Companies Agencies Business enterprises and funds TRADING HOUSE HANSEL LTD -central purchasing body for the public sector ASSET MANAGEMENT COMPANY ARSENAL LTD - in liquidation THE STATE TREASURY THE GOVERNMENT INSTITUTE FOR ECONOMIC RESEARCH TAX ADMINISTRATION STATISTICS FINLAND FINNISH CUSTOMS STATE PROVINCIAL OFFICES LOCAL REGISTER OFFICES POPULATION REGISTER OFFICES SHARED SERVICES CENTER OF STATE GOVERNMENT ( ) *) SENATE PROPERTIES - handles ownership functions mainly for State-owned office, university and other special premises THE STATE PENSIONS FUND THE GOVERNMENT GUARANTEE FUND HAUS Finnish Institute of Public Management Ltd - training and consultancy both in Finland and abroad Yrityspankki Skop Oyj, - in liquidation *) financial administration and human resources management

4 Ministry of Finance prepares economic and fiscal policy drafts the annual Budget offers experience in tax policy matters is responsible for drafting policy on the financial markets prepares State employer and human resources policy is responsible for the overall development of public administration is in charge of the legislative and financial requirements of local government functions participates in the work of the European Union and many international organizations

5 MoF s as a strategic unity Government s goals EU goals Government programme, EU MoF s goals - as part of government - as a ministry 1) leader 2) reformer / innovator - as a working community How to reach the goals How do the units work, to reach the common goals of the MoF Preparing economic policy MoF strategy Preparing public management policy Action plans of the units / depart. Leading administrative branch MoF s strategic programmes and projects Projects in the units / departments

6 MoF s Mission MoF is responsible for 1. balanced and sustainable growth of economic policy 2. good management of state economy and good conditions for managing municipal economy effectively 3. effective public administration

7 Finland is MoF s vision economically, socially and environmentally stable, competitive and innovative economy Ministry of Finance works to give future generations wide scope for economic options and opportunities is a strong reformer and leader of economy, public administration and services

8 Different roles of MoF as preparing the strategy and implementing it as an advisor / designer of economic policy as a guider and developer of public administrator as a guider of its administrative branch as an organisation and a work community Different roles and functions have different customers and stakeholders Government, cabinet, political decision makers Ministries, state offices and institutions Agencies of administrative branch Cities MoF s personnel

9 MOF EFFECTIVENESS Target: Economically sustainable welfare Means: Economic policy preparation Strategic themes: Rewarding to work and entrepreneurship Longing the working periods Better combining the demand and supply of labour markets Public sector productivity

10 MOF EFFECTIVENESS Target: High quality and economy of public services Means: Corporate management Strategic themes: Developing administrative and service structures Ensuring the quality and efficiency of public services Enhancing the corporate management way of thinking within hole public sector Cooperation of IT-systems Developing new innovative solutions and means

11 MOF 2012 HUMAN RESOURCES AND COMPETENCE Targets: Flexibility and change-orientation Combining competence to create new ways of thinking and acting Means: Reformulate the organization structure of MoF Flexible use of personnel resources Continuing the management development programme

12 MOF 2012 MANAGEMENT AND LEADERSHIP Targets: Towards larger entities / process oriented way of working Towards more unified project-culture and projectmanagement Means: Development of leadership skills Enhance horizontal working over functional departments and units Enhance MoF s project-culture and project management Developing management groups working methods

13 MOF 2012 CO-OPERATION with STAKEHOLDERS Targets: Planned, segmented Foreseeing / proactive Deepening the co-operation Active working in EU and on other international forums Means: Formulation of an operational action-plan for stakeholder cooperation Arranging meetings on regular basis Arranging background infos Sharing networks with colleagues, building new networks Follow-up: shareholder inquiry discussions and feedback networking

14 MOF 2012 MOF AS ORGANISATION AND WORKING COMMUNITY Targets: Targeting resources correctly Working together Unifying the working- and managing culture Means: Formulating a strategy-based plan for HRM Enhance teamwork and horizontal projects across functional units More time for discussions on every level Follow-up: personnel inquiry leadership practises working methods

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