accenture’s public sector value framework applications for the revenue industry

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1、Accenture’sPublicSectorValueFrameworkApplicationsfortheRevenueIndustryAccenture’sPublicSectorValueFrameworkApplicationsfortheRevenueIndustryTimothyFinneganFTA2003,OklahomaCityJune12,2003??2003Accenture–ProvisionalPatent4>>.??Accenture’sPublicSectorValueFrameworkf

2、orHighPerformingGovernmentOrganizations??CaseStudy:MeasuringPublicSectorValueattheArizonaDepartmentofRevenue??AccentureCompanyBackground2??2003Accenture–ProvisionalPatent>.Avalueorientedapproachtomanagingstaterevenueagencieshasbecomeincreasinglycriticalinrecentye

3、ars,astheeconomicdownturnhasresultedindecliningtaxrevenuesandincreasedfiscalpressure>.VALUEINGOVERNMENT12U>.S>.StateRevenueCollectedbyTaxTypeRevenueShortfallforU>.S>.States??Nationwidestatetaxrevenuesdeclinedby5>.6%inFY02Personal??41ofthe50stateshadlowertaxrevenu

4、ethanprojectedintheirFY02budgetsSales??TherecenteconomicrecessionhasimpactedpersonalandcorporateincometaxreceiptsmoredramaticallythansalestaxCorporate??Corporateincometaxeshavebeen“under-performing”inrecentyears,decliningfromapproximately10%to6%oftotaltaxreceipts

5、FiscalYear1&2NelsonA>.RockefellerInstituteofGovernment,FiscalStudiesProgram;StateFiscalBrief,May2003>.Note:Revenuesadjustedforchangesinlegislation>.3??2003Accenture–ProvisionalPatent>.UnderstandinghowtocreatesustainablevalueisjustasimportantforHighPerformance

6、GovernmentOrganizationsasitisforprivatesectorcompanies>.MEASURINGVALUEINGOVERNMENTHighPerformingHighPerformingCompaniesGovernmentOrganizations…measureshareholdervalue…wouldalsobenefitfrommeasuringtovaluecreatedforcitizens,butenhancethevaluetheycreateforshareholde

7、rsstruggletofindacommonmeasurethatisdistinctfromcostMeasuringValueAccenture’sSolution:MEASUREPUBLICSECTORVALUEToovercomethechallengesassociatedwithmeasuringvaluecreatedbygovernmentagencies,Accenturedevelopedanewframeworkinspiredbytheprinciplesofshareholdervalueca

8、lledAccenturePublicSectorValue(PSV)4??2003Accenture–ProvisionalPatent>.Annual%ChangeAccenture’sPublicSectorValueModelappliestheprinciplesofshareholdervaluetoth