Federal Managers Give Government a 'C' in Cost Savings

The Government Business Council recently surveyed more than 500 federal managers about cost savings.

Mark Micheli

September 4, 2012

Management Matters

Mark Micheli

Editor, Excellence in Government

From the results, GBC identified eight areas where opportunities are highest to reduce costs:

Federal managers are even harder on themselves than they are on government as a whole. When asked to grade the cost efficiency of their own agencies, 69 percent of federal managers felt they were performing at a C average or below. When asked to grade the entire federal government, 59 percent delivered a similar, average score.

The scores are part of new survey results published by the Government Business Council, Government Executive's research division. The survey sampled 597 federal employees at the GS/GM-11 level or higher and asked respondents to identify key areas for cost reduction.

Payments
Oversight/Compliance
Property Management
Redundancy
Contract Resource Management
Technology
Workforce
Acquisitions/Procurement

The new Cutting Costs blog will be highlighting findings from the survey results as well as exploring innovative ideas and programs for federal cost savings over the next several months.

You can view the survey results here.

(Image via Norma Cornes/Shutterstock.com)

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