ASMC hosts the Department of Defense financial management workforce roundtable.Dr. Wayne Schroeder On Thursday, February 7, 2002, the American Society of Military Comptrollers (ASMO (Advanced Storage Magneto-Optic) An earlier, enhanced magneto-optic, rewritable disk that held 6GB. Using 120 mm, CD-sized disks, ASMO evolved from a 7GB MO7 specification. Its major supporter was Fujitsu, which discontinued development of the product in 2004. ) hosted a Workforce Development Roundtable. This event kicked off a process to enable the Department of Defense (DoD) to ensure that the financial management workforce has the skills and abilities needed to adapt to the challenges it will face during the first years of the 21st century. The roundtable was created to provide the DoD Financial Management Workforce Development Workgroup (a subgroup of the Office of the Secretary of Defense The Office of the Secretary of Defense (OSD) is part of the United States Department of Defense and includes the entire staff of the Secretary of Defense. It is the principal staff element of the Secretary of Defense in the exercise of policy development, planning, resource (OSD (1) (On-Screen Display) An on-screen control panel for adjusting monitors and TVs. The OSD is used for contrast, brightness, horizontal and vertical positioning and other monitor adjustments. ) Comptroller's Financial Management Modernization Program) with the best possible thoughts and ideas from experts and financial management and personnel colleagues in the Department, other government agencies, and the private sector. Approximately 100 persons participated in the roundtable. The work group recommendations are due to the Under Secretary of Defense (Comptroller) in March of this year. The introductory speaker was Dr. Wayne Schroeder, Deputy Under Secretary of Defense (Resource Planning/Management), who reiterated Dr. Dov S. Zakheim's strong commitment to "people" development and his tasking to strengthen the DoD financial management workforce. He commended ASMC ASMC American Suzuki Motor Corporation ASMC American Society of Military Comptrollers ASMC Association of Sales & Marketing Companies ASMC Advanced Semiconductor Manufacturing Conference ASMC Area Support Medical Company ASMC American Small Manufacturers Coalition for its leadership role in the professional development of financial management personnel and in hosting this conference. Mr. Michael Montelongo Michael Montelongo was nominated by Pres George W. Bush as the Assistant Secretary of the Air Force for Financial Management. He was formerly a Senior Project Manager with Cap Gemini Ernst & Young in Atlanta, Georgia, and has been with Ernst & Young since 1999. , Assistant Secretary of the Air Force (Financial Management and Comptroller), gave the keynote address keynote address n. An opening address, as at a political convention, that outlines the issues to be considered. Also called keynote speech. Noun 1. . He stressed that the DoD financial management workforce was professional, competent, and dedicated. He emphasized that our future focus needs to move from transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. to strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. and decision support, similar to the changing roles of financial managers in the public sector. He also stressed the need for training in change management for financial managers at all levels, saying that you can buy all kinds of fine systems, but if you do not manage change well, you will surely fail. Despite all the changes, he said there will always be one constant. Our values (duty, honor, country, and selfless service Selfless Service is a commonly used term to denote a service which is performed without any expectation of result or award for the person performing it. It is also sometimes used to denote a service performed with no apparent 'earthly' result, but which may accrue results in a ) will not change. He concluded with the analogy of a carpenter building a house, saying that the participants were beginning to build the future of the financial management workforce and exhorted us to "build well!" At midday ASMC welcomed Mr. David Walker, Comptroller General of the United States The Comptroller General of the United States is the director of the Government Accountability Office (GAO, formerly known as the General Accounting Office), a legislative branch agency founded by Congress in 1921 to ensure the accountability of the federal government. , as the luncheon speaker. This was his second appearance at an ASMC venue. He delivered the John R. Quetsch Memorial Lecture at last year's PDI PDI Protein Disulfide Isomerase PDI Personal Docente e Investigador (Spanish: Personal Educational and Investigating) PDI Pre Delivery Inspection PDI Professional Development Institute in Dallas, Texas--the same day that his daughter was making him a proud grandparent! He was pleased to be back and commended our effort, stating that people were indeed the most important asset in any organization. He discussed at length many of the things he is personally doing at the General Accounting Office (GAO) to build human capital. He spends about one-third of his time working on the human capital aspect of managing the GAO. He talked at length about empowering people, giving them meaningful work and the training they need and rewarding them based on results and performance. He stated that many of the successful initiatives could be done without legislative change. Many of these are outlined on the GAO Web site at www.gao.gov. Does it work? "Yes!"He said emphatically Initial term personnel turnover rates are down considerably at GAO, and last year the agency created approximately $65 billion in savings and efficiencies. He said that an agency's success is measured not only by a clean audit opinion on its financial statement alone but also by results and performance. People, he said, "come in to government to maximize their self worth, not their net worth." Investing in people, getting the right people in the right jobs, and rewarding them appropriately are essential to success. Breakout Panels Addressed Tough Issues Four separate breakout panels of approximately 30 persons each were convened during the morning and again in the afternoon. They addressed issues relating to establishing performance metrics, standardizing technical competencies, reinvigorating financial management recruitment and retention, and motivating people to pursue advanced degrees and professional certifications. The panels were designed to be highly interactive. Two invited subject-matter experts addressed each panel, giving very brief presentations to stimulate thoughts and discussion among attendees. A facilitator led each group and presented some of the groups' ideas at the wrap-up session at the end of the day. The speakers included Dr. Jerome Smith, DoD Chancellor for Education and Professional Development; Dr. Frederick L. Copeland, Partner, Learning Resource Group; Ms. Doris Chew, Assistant Executive Director, Joint Financial Management Improvement Program; and Mr. Jeffrey Steinhoff, Managing Director, Financial Management and Assurance wit the GAO. Mr. Steinhoff, as past National President of the Association for Government Accountants, was instrumental in creating the first professional certification program for government personnel, the Certified Government Financial Manager A Certified Government Financial Manager (CGFM) is a certification issued by the Association of Government Accountants (AGA). It was created in 1994 to provide a professional standard of financial expertise and ethics in government. (CGFM CGFM Certified Government Financial Manager ) certification. The wrap-up sessions reflected that the participants were creatively grappling with some hard issues. These included metrics selection and identification, linking metrics to missions and outputs, rewarding those who seek advanced education and certification, recruiting in the new paradigm New Paradigm In the investing world, a totally new way of doing things that has a huge effect on business. Notes: The word "paradigm" is defined as a pattern or model, and it has been used in science to refer to a theoretical framework. of continued job change throughout a career, and integrating systems and people successfully. A number of follow-on meetings and briefings have already been set so that the working group can continue to progress in meeting its challenging task. We all await their recommendations. Special thanks are due to ASMC members Ms. Donna Brown, Dr. Carol Codori, Ms. Geri Manning, and LCDR LCDR abbr. lieutenant commander Dan Christovitch, who acted as panel facilitators, and to the firm of Booz-Allen/Hamilton, the corporate sponsor for the event. For a detailed report on this event, including agenda, biographies of all speakers, and useful Web sites, visit the ASMC Web site (www.asmconline.org) and click on Professional Development. |
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