2017-18 SaskEnergy Annual Report

MANAGEMENT’S DISCUSSION AND ANALYSIS

service in a cost effective manner. This continues to be achieved while providing safe and reliable management of the Corporation’s extensive natural gas infrastructure, while maintaining industry comparable rate of return targets. Each year, as part of the business planning process, SaskEnergy incorporates the Province’s strategic directives and evaluates the continued relevance of the performance metrics contained in the previous year’s scorecard. Any changes deemed appropriate are made and associated targets are developed for each metric. The final scorecard, including metrics and targets for the five-year planning horizon, is presented to the Corporation’s Board of

Directors for approval as part of the annual business plan approval. The CIC Board reviews the business plan and confirms compliance with the Crown Sector Strategic Priorities prior to its approval. Progress toward these targets is monitored and reported throughout the year. Regular reporting on those specific scorecard targets allows management to closely monitor progress and take any corrective action necessary to achieve the targets. The following discussion outlines the Corporation’s 2017-18 performance relative to its strategic scorecard targets for the 12 months ending March 31, 2018, which are further defined in the Glossary of Key Success Measures.

Our team of engaged employees and business partners develops and delivers safe, reliable natural gas solutions that benefit our customers and Saskatchewan. MISSION

To create a competitive advantage for Saskatchewan through safe, innovative energy solutions. VISION

Saskatchewan Crown Sector Priorities & Saskatchewan Plan for Growth

Service Excellence

Achieving Growth

STRATEGIC MANDATES

Our Team

Creating Value

FOCUS AREAS

Infrastructure

People/ Resourcing

Financial Capability

Productivity Resource Management Collaboration

Strong Earnings Focus Efficiencies Supply Options

Safety Growth Strategic Capital

KEY DIRECTIONS

15

Made with FlippingBook Ebook Creator