PART TWO

Organisational Performance (OP)

Designed to allow aspiring and existing leaders and managers to manage resources to meet the goals and objectives of the organisation. To encourage innovation, collaboration and learning

Resource management (OP2)

Competency	Administerial role	Managerial role	Strategic role
PSF24 OP2.2 Financial understanding	Is aware of how actions of team can affect the budget of the organisation and can manage a budget for own area of responsibility	Is able to monitor and report on budgets against financial forecasts and adjust as necessary and is able to set and report on budgets and contribute to financial decision making within the organisation	Is responsible for financial decision making within the organisation. Is able to challenge financial assumptions which support the strategy of the organisation and can appraise financial governance arrangements