Strategic Plan

U.S. Department of the Treasury Strategic Plan 2018-2022

Strategic Business Unit

U.S. Department of the Treasury (TREAS)

Plan Details

Plan period: from 01/10/2018  to 30/09/2022

This plan outlines the Department's long-term goals and specific strategies to boost U.S. economic growth, promote financial stability, enhance national security, transform government-wide financial stewardship, and achieve operational excellence. To achieve these goals, Treasury will leverage its unique capabilities to deliver results for the American people -- overhauling and modernizing the tax system; driving regulatory relief to create opportunities for American consumers, workers, and their families; and targeting threats to national security. Treasury will advance the President's "America First" agenda and level the playing field for American workers and companies. As responsible stewards of taxpayer resources, we will pursue new capabilities to manage our finances more effectively, broaden data accessibility for better decision-making, and tirelessly seek efficiencies that improve the value we deliver to the public

Plan submitted by:

Owen Ambur

The Government Performance and Results Act of 1993 (GPRA) and the GPRA Modernization Act of 2010 established the need for agencies to identify performance goals, report progress against targets, and conduct data-driven reviews. These practices serve two key purposes for stakeholders within and outside of the organization: to assess the organization’s health and impact, and to inform decision-making and strategy (including effective resource allocation). In this spirit, we developed a strategic framework supported by best-in-class organizational performance practices to help achieve the Department's strategic objectives. Our organizational performance reviews provide a regular forum for open dialogue and coordination between Department and bureau and office leadership, bringing together different perspectives to set and align priorities, identify and solve problems, review agency performance goals, and drive evidence-based decisions and results. The cycle integrates statutory requirements to conduct organizational performance reviews of agency strategic objectives, agency priority goals, and cross-agency priority goals.

Analysis

Direction

Vision

Prosperity and security for the American people

Mission

To maintain a strong economy and create economic and job opportunities by promoting the conditions that enable economic growth and stability at home and abroad, strengthen national security by combating threats and protecting the integrity of the financial system, and manage the U.S. Government's finances and resources effectively.

Values

Diversity

Results

Integrity

The nearly 100,000 dedicated Treasury employees strive to maintain integrity and uphold the public trust in all that we do, explore better ways of conducting business through innovation, seek diversity of thought and expertise to inform our decisions, embrace and adapt to change, and hold ourselves accountable for accomplishing meaningful results for the American public.

Expertise

Adaptability

Innovation

Accountability

Goals

Economic Growth

Goal Statement: Boost U.S. Economic Growth

Objectives:

  • Staffing
  • Qualification Processes
  • Trade
  • Trade Deals
  • Coins
  • Guidance, Regulations, Forms & Instructions
  • Trade Practices
  • Service & Compliance
  • Financial Decisionmaking
  • Currency & Services
  • Currency
  • Facilities & Equipment
  • Tax Law Implementation
  • Economic Fundamentals
  • Staffing & Training
  • Analytics

Financial Stability

Goal Statement: Promote Financial Stability

Objectives:

  • Forums
  • Foreign Technical Assistance
  • Focus
  • Housing Finance Reform
  • Critical Infrastructure & Cybersecurity
  • Methods & Best Practices
  • Resliency
  • FTA Negotiations
  • Response Plans
  • Engagement
  • Vulnerabilities
  • Cybersecurity
  • Implementation
  • Interdependencies
  • Foreign Exchange
  • Priorities

National Security

Goal Statement: Enhance National Security

Objectives:

  • Economic Strength & National Security
  • Tools & Authorities
  • Funding
  • Threats
  • Money Laundering & Terrorism
  • Information Sharing & Collaboration
  • Vulnerabilities & Risks
  • Resources
  • Systems & Capabilities
  • Standards
  • Economic Strategies
  • Industry Reform
  • Regulations
  • Foreign Acquisitions
  • Strategic Threat Disruption
  • Coordination
  • Information Exchange
  • Outreach & Enforcement

Financial Stewardship

Goal Statement: Transform Government-wide Financial Stewardship

Objectives:

  • Multilateral Institutions
  • Federal Financial Performance
  • Investor Needs
  • Debt Management
  • Sun-Setting Programs
  • Quality & Availability
  • Financial Data Access & Use
  • Tools & Capabilities
  • Performance & Work Assessment
  • Market Analytics
  • Debt Insurance
  • General Fund

Operations

Goal Statement: Achieve Operational Excellence

Objectives:

  • Workforce
  • Process Improvement
  • Funding Optimization
  • Acquisitions
  • Customer Value
  • Consolidation
  • Employee Alignment & Performance
  • Performance Management
  • Capital Reserve
  • Workforce Management
  • Treasury Infrastructure
  • Technology & Information Resources
  • Buildings
  • Diversity & Engagement
  • Technology
  • Contingency Plans
  • Efficiencies

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