This edition of the Business of Government magazine highlights strong leaders with the right talent who are charged with executing the business of government. These leaders are responsible for a vast array of government missions that comprise a significant chunk of the federal government budget.
The federal government spends almost $450 billion annually
to buy basic goods and services. Today more than ever,
the government must ensure that it spends money wisely and
eliminates waste and abuse of taxpayer dollars.
The U.S. federal government spends nearly a half-trillion
dollars per year through contracts, buying everything from
office supplies and automobiles to professional services,
information technology, and complex weapon systems.
The importance of acquisition for government to achieve its mission goals efficiently and effectively cannot be understated. Our Center has recently produced content that illustrates this connection, and points to recommendations for the future.
Anne Rung joined me on The Business of Government Hour to discuss federal acquisition: why it is so complex, category management and its promise, driving innovation in acquisition, and efforts to strengthen government-industry relationships
NASA wants to concentrate its limited resources on deep-space exploration and cede lower-Earth orbit to a burgeoning commercial space sector. Achieving these two goals requires transformational change. The shuttle successor partnership with the private sector can initiate such change. This is indeed a case about transformative change—a radically new way of performing an existing government task.