Perspective -- Looking beyond short-term savings: Transforming the Canadian federal and provincial public sector

Now is the time for governments to take a strategic and bold look at cost improvement opportunities. Conventional approaches to cost management in the public sector tend to adopt a short-term focus by repeatedly targeting operational expenses. These approaches often fall short of adequately addressing substantive operating costs and third-party spending.

Government leaders must ask, “What has to fundamentally change so that our cost reduction efforts work today as well as in the future?” In Perspective – Looking beyond short-term savings: Transforming the Canadian federal and provincial public sector, our Public Sector and Government team helps governments answer this question by revealing:

• Five key reasons why short-term traditional cost-reduction efforts fall short in delivering sustainable savings
• Three major cost drivers that shape the overall expenses of delivering public services, and how to look at each with a transformational lens
• Key questions for governments to address within a spending review program
• Five steps to help design a successful comprehensive transformational review

Download the PDF below and use it as a reference guide to develop a cost-reduction strategy that is sustainable and doesn’t compromise future flexibility.

Perspective: Looking beyond short-term savings:Transforming the Canadian federal and provincial public sector (300 KB) Download the article.