Strategic Alignment. 5.1 DBT and UKEF have overlapping roles where together they deliver against HMG’s wider trade and exports objectives. In doing so, the two departments will use the Principles of Collaboration to align their work against shared objectives as identified by SoS and the two departments’ strategies, as outlined in their respective strategic documents. Shared objectives should be reflected in the performance objectives of key individuals in both departments. DBT and UKEF will be flexible and responsive to evolving priorities regarding international trade, exports, investment, and business growth, as set out by the SoS. DBT and UKEF both recognise that government finance is an integral part of government’s offer to exporters, and that exporters need broad support, of which government finance is one part. 5.2 DBT and UKEF will additionally work across government on HMG’s Broader Access to Business Finance agenda, working with key parties; for example, HMT, and public finance institutions, such as the BBB, UKIB and UKRI. DBT will continue to champion UKEF in the relevant fora, and UKEF will ensure it is contributing to these fora where relevant (and vice versa). 5.3 This MoU recognises that DBT and UKEF have mutual stakeholders who would benefit from a joined-up departmental approach. However, there are occasions and instances where DBT and UKEF will need to focus on their individual departmental priorities to support key stakeholders. Stakeholders include, but are not limited to: Devolved Administrations, OGDs, notably DESNZ, FCDO, and HMT (and UKGI); DBT and UKEF Ministers and Ministers of OGDs; governing bodies; business representative organisations; and customers. 5.4 If conflicts arise between the policy and/or strategic views of DBT and UKEF that cannot be resolved by the MoU Managers and/or the Executive Sponsors, the issue may be escalated to Ministers for arbitration. The Permanent Secretary and the Chief Executive will agree advice to Ministers outlining the departments respective positions on the MoU’s outcomes for that period. This is with the support of the MoU Managers and where applicable the Executive Sponsors. 5.5 The MoU Managers will support strategic alignment between DBT and UKEF. To accomplish this the MoU Managers committed to: a) support/champion one another within relevant departmental and cross-government strategy and policy fora; b) ensure that DBT and UKEF staff have the knowledge, guidance and capacity required to support and develop DBT-UKEF collaboration effectively, supporting Ministers and senior officials through joint working; c) act as an internal point of contact for raising issues regarding the other department; monitoring collaboration between DBT and UKEF at both a strategic and operational level, and working with each other to promote best practice in the working relationship; and d) manage the ongoing implementation and reporting of the MoU as outlined in Section 4.
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Sources: Memorandum of Understanding
Strategic Alignment. 5.1 DBT DIT and UKEF have overlapping roles where together they deliver against HMG’s wider trade and exports objectives. In doing so, the two departments will use the Principles of Collaboration to align their work against shared objectives as identified by SoS and the two departments’ strategies, as outlined in their respective strategic documents. Shared objectives should be reflected in the performance objectives of key individuals in both departments. DBT DIT and UKEF will be flexible and responsive to evolving priorities regarding international trade, exports, investment, and business growth, as set out by the SoS. DBT DIT and UKEF both recognise that government finance is an integral part of government’s offer to exporters, and that exporters need broad support, of which government finance is one part.
5.2 DBT DIT and UKEF will additionally work across government on HMG’s Broader Access to Business Finance agenda, working with key parties; for example, HMT, BEIS and public finance institutions, such as the BBB, UKIB and UKRI. DBT DIT will continue to champion UKEF in the relevant fora, and UKEF will ensure it is contributing to these fora where relevant (and vice versa).
5.3 This MoU recognises that DBT DIT and UKEF have mutual stakeholders who would benefit from a joined-up departmental approach. However, there are occasions and instances where DBT DIT and UKEF will need to focus on their individual departmental priorities to support key stakeholders. Stakeholders include, but are not limited to: Devolved Administrations, OGDs, notably DESNZBEIS (and BBB), FCDO, and HMT (and UKGI); DBT DIT and UKEF Ministers ministers and Ministers ministers of OGDs; governing bodies; business representative organisations; and customers.
5.4 If conflicts arise between the policy and/or strategic views of DBT DIT and UKEF that cannot be resolved by the MoU Managers and/or the Executive Sponsors, the issue may be escalated to Ministers for arbitration. The Permanent Secretary and the Chief Executive will agree advice to Ministers outlining the departments respective positions on the MoU’s outcomes for that period. This is with the support of the MoU Managers and where applicable the Executive Sponsors.
5.5 The MoU Managers will support strategic alignment between DBT DIT and UKEF. To accomplish this the MoU Managers committed to:
a) support/champion one another within relevant departmental and cross-government strategy and policy fora;
b) ensure that DBT DIT and UKEF staff have the knowledge, guidance and capacity required to support and develop DBTDIT-UKEF collaboration effectively, supporting Ministers and senior officials through joint working;
c) act as an internal point of contact for raising issues regarding the other department; monitoring collaboration between DBT DIT and UKEF at both a strategic and operational level, and working with each other to promote best practice in the working relationship; and
d) manage the ongoing implementation and reporting of the MoU as outlined in Section 4.
Appears in 1 contract
Sources: Memorandum of Understanding