Enterprise Risk Management can Help Minimize ‘Red Tape'
February 19, 2012
Given large federal budget deficits and an unsustainable long-term fiscal path, federal managers are being challenged to meet public expectations more effectively while substantially reducing the cost of administering programs.
Against this backdrop, can the government any longer afford the vast array of policies and procedures that guide its program and business operations — the dreaded "red tape"?
A Defense Department official illustrated this problem in 2010 in testifying about the DoD travel system. He said it was rendered virtually unworkable because, in trying to cover every possible travel permutation, it defined more than 70 types of travel and produced 2,000 pages of sometimes contradictory rules.