Elements of sound finance

According to the new study "Transforming Department of Defense Financial Management: A Strategy for Change," the following are crucial to transforming DOD's approach:

Leadership: Make fixing financial systems a top priority.

Incentives: Address the existing disincentives within DOD for fixing financial management problems.

Accountability: Set a transformation framework with clear measurements, timeframes and assigned personal responsibilities and authorities.

Organizational alignment: The Defense secretary should give the DOD comptroller the assignment and authority to implement an integrated, departmentwide program for transformation.

Change certain rules: Work with Congress and the Bush administration to address regulations and laws that hinder changes.

Change enterprise practices: Modify the current emphasis on the "uniqueness" of DOD components and focus on standardization of core accounting requirements and increased use of commercial financial management systems.

About the Author

Christopher J. Dorobek is the co-anchor of Federal News Radio’s afternoon drive program, The Daily Debrief with Chris Dorobek and Amy Morris, and the founder, publisher and editor of the DorobekInsider.com, a leading blog for the Federal IT community.

Dorobek joined Federal News Radio in 2008 with 16 years of experience covering government issues with an emphasis on government information technology. Prior to joining Federal News Radio, Dorobek was editor-in-chief of Federal Computer Week, the leading news magazine for government IT decision-makers and the flagship of the 1105 Government Information Group portfolio of publications. As editor-in-chief, Dorobek served as a member of the senior leadership team at 1105 Government Information Group, providing daily editorial direction and management for FCW magazine, FCW.com, Government Health IT and its other editorial products.

Dorobek joined FCW in 2001 as a senior reporter and assumed increasing responsibilities, becoming managing editor and executive editor before being named editor-in-chief in 2006. Prior to joining FCW, Dorobek was a technology reporter at PlanetGov.com, one of the first online community centers for current and former government employees. He also spent five years at Government Computer News, another leading industry publication, covering a variety of federal IT-related issues.

Dorobek is a frequent speaker on issues involving the government IT industry, and has appeared as a frequent contributor to NewsChannel 8’s Federal News Today program. He began his career as a reporter at the Foster’s Daily Democrat, a daily newspaper in Dover, N.H. He is a graduate of the University of Southern California. He lives in Washington, DC.


Featured

Stay Connected

FCW Update

Sign up for our newsletter.

I agree to this site's Privacy Policy.