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Explore challenges & benefits of prioritization in competition agencies. Learn how to maximize benefits & strategic planning for success.
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Key challenges in Prioritization – Small and Big Agency Perspectives ICN Agency Effectiveness Workshop 2016 Gaborone, Botswana, 10th and 11th of March Thursday Presentation by: Elizabeth GACHUIRI-Competition and Consumer Policies Branch, UNCTAD
Issues to be addressed • What prioritization entails • Benefits of Prioritization • Some Common principles • Points of deviation • Maximizing benefits • Final Remarks
Prioritization: one tool for agency effectiveness • Involves a critical look of how agency can maximize use of scarce reources
1. What prioritization entails: cont.. • Establish: • a criteria of carrying out a plan • or strategy of doing business • Choices and opportunity costs considerations
2. Benefits of Priotization • Agency is able to: • identify specific objectives to help guide its staff • make consistent resource allocation decisions and • permit the political and business communities to understand and critique the choices
Priortize activities - consideration should be given to fitting plan into overall agency strategy. • Opportunity to evaluate the effectiveness of decisions, in order to identify areas of improvements
3. Some Common principles • Priority setting is useful to every comp Agency • Resource utilization is central to operations of any agency • Plan of use is therefore key to this effort • Strive to apply best practices- • A measure of effectiveness
4. Points of deviation • Legal instrument support • Political support • Financial provision • Staffing strategies: Appointments etc • Autonomy /independence
4. Points of deviation: cont.. • Prioritizing activities based on: • ability to determine the effects on consumer welfare in the market • the likelihood of a successful outcome; and • resource costs and measurement
4. Points of deviation: cont.. • Levels of competition culture among the business community, government, media and general public; • Insufficient cooperation and coordination with particular government ministries and other • Judiciary awareness of competition law and its economics;
5. Maximizing Benefits • Degree of liability of conspirators in criminal cases and the deterrent impact; • Balance between cost and benefit, and market impact) • Non-market impact • Public expectations.
6. Final Remarks • Prioritization is indeed an important aspect of agency effectiveness. • But every agency will operate within its own parameters guided by what is at its disposal • The famous phrase: no-one-size-fits-all is applicable here too.
Thank You Contacts: elizabeth.gachuiri@unctad.org www.unctad.org/competition