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CEF Annual report 2021

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46 <strong>CEF</strong> BUSINESS REPORT <strong>2021</strong><br />

GOVERNANCE 47<br />

STRATEGIC DIRECTION 2022–2026<br />

The <strong>CEF</strong> Strategic Direction 2022–2026 was confirmed<br />

by the Governing Board on June 8, <strong>2021</strong>.<br />

The initial planning phase to elaborate our strategic<br />

objectives started already in 2020. We discussed<br />

the background and draft outline in bilateral<br />

consultations with the Governing Board, the<br />

Advisory Board and the <strong>CEF</strong> Coordinators. They<br />

gave us very valuable input and a solid foundation<br />

for mapping our strategic priorities and ways<br />

to assist our member institutions in reaching their<br />

goals.<br />

Our vision is to inspire public officials, both individuals<br />

and teams, to shape institutional governance<br />

that drives successful economies and fair societies.<br />

This vision puts forward inspiration – for learning,<br />

governing, and advancement. It also maintains<br />

our work in serving as leaders in learning<br />

for public officials. Both of these two aspirations<br />

rest on trust in people and their ability to shape<br />

governance. Our target audience remains central<br />

banks, ministries of finance, tax administrations,<br />

line ministries, and also other public institutions.<br />

With this strategic document, we address:<br />

• the narrative for the region in 2026<br />

• vision and mission<br />

• value-added: know-how on becoming and being<br />

a learning organization<br />

• focus areas of impact<br />

• partnerships<br />

• internal environment<br />

• resources and risks<br />

• monitoring, evaluation and learning<br />

• the results framework and theory of change<br />

We also consulted with several institutions that<br />

contributed to the <strong>CEF</strong>’s understanding of priorities<br />

for the next years: the Energy Community,<br />

the European Centre for Development Policy Management<br />

(ECDPM), the European Commission,<br />

the IMF, the ODI, OECD, the Regional Cooperation<br />

Council, Regional School of Public Administration<br />

(ReSPA), the Joint Vienna Institute, and the Transport<br />

Community.

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