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Public Finance Innovation for Sustainable Development
How can finance ministries help governments plan, budget, procure, and manage results in a post-pandemic world?
What is desirable, feasible, and viable for public finance innovation?
This webinar explores focused innovation for governmental financial management: accounting, assets, audit, budgeting, liquidity, payroll, performance, procurement, and revenue. Innovation is contextualized for the post-COVID-19 VUCA (Volatility, Uncertainty, Complexity, Ambiguous) world. The question of whether agile, artificial intelligence, augmented reality, blockchain and the Internet of Things are solutions in search of problems will be addressed.
Beyond the innovation hype
- Fiscal stewardship opportunity: how can financial innovation drive national development strategies, including support for the Sustainable Development Goals?
- Public Finance Innovation Framework (PFIF): what are the forms and structures of innovation within government?
- Problem-driven approaches: why are agile methods, even in government, critical for innovation that reflects country conditions?
- Digital and Public Financial Management: what is the role, if any, of digital transformation in PFM reform?
- Innovation success factors: how can governments optimize the return on innovation spend?
- Innovation toolset: what tools, techniques, and technologies can finance ministries leverage for innovation?
- Innovation examples linked to PFIF: what kind of public finance innovations have been implemented, and what does the future hold?
PRESENTER:
Doug Hadden
FreeBalance Executive Vice President of Strategy and Innovation
Former ICGFM VP of Communications
Doug will share global public finance innovation lessons learned. Doug is well-known in the ICGFM community from his presentations about the future of Financial Management Information Systems.
OVERVIEW:
An overview of the subject, with hyperlinks to supporting content is available here. Responses to questions from the webinar will be added to the blog entry.
Previous blog entries by Doug that might be helpful include:
      
Thank you to our Participating Partner for sponsoring this Webinar.
A proud signatory of the UN Global Compact, FreeBalance is a purpose-led organization dedicated to improving citizen wellbeing around the world. FreeBalance Financial Management (PFM) and GovTech solutions, advisory services and training deliver realistic and impactful public sector reform that enhance transparency, improve effectiveness, restore trust and create innovation breakthrough opportunities. With a 37-year track record of success and operations in 25+ countries, FreeBalance has unparalleled experience in public finance reform and is a specialized Business-to-Government (B2G) firm.
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