No matter what savings result from the current deficit reduction negotiations, there’s little hope for long-term, structural savings if we continue to run the government using 20th-century management. That’s why the final package should also include a management package building on similar innovations that both the GOP and White House recently proposed that would radically alter the way government agencies report on their own operations and process reports from corporations.

The benefits could include billions of dollars in operating savings, improved operating efficiency and delivery of services, transparency that would earn public trust, and substantial savings for businesses. Keep reading →