Text Box: Exhibit A

 

 

 

 

 

 

 2012 Mission Statement and Strategic Plan

 

 

MISSION   1

VISION   1

VALUES  2

CORPORATE STRATEGIC GOALS  3

BALANCED SCORECARD - 2011   4

BALANCED SCORECARD - 2012   5

 

 


MISSION

The mission statement is a clear definition of the charter and underlying purpose of the organization, articulating the aims, focus, and emphasis of the organization.

Our Mission is to …

 

 

Provide clean, low-cost, and reliable energy consistent with our commitment to the environment and safety, while promoting economic development and job development, energy efficiency, renewables and innovation, for the benefit of our customers and all New Yorkers.

 

 

 

VISION

The vision statement articulates the direction(s) that the organization will pursue.  It implicitly recognizes the underlying Mission, but provides a clear statement of upcoming priorities and focus for the management team.

 

We will own assets and implement programs in accordance with our enabling statute where public involvement provides positive value to New York State, and we will help shape and support the State's energy policy in the public interest.

 


VALUES

Values articulate the underlying principles and aims of our business philosophy that guide our conduct, practices, and decisions and that we will consistently strive to achieve throughout the organization.

 

Integrity – We will operate at the highest level of honesty, ethical conduct, and public trust in all of our activities.

Safety – We will always strive to encourage and support an accident-free workplace for our employees.

Employee Development – We value our employees and will invest in their development.

Job Development – We will utilize our power resources to support the creation and retention of New York State jobs

Sustainability – We will manage all aspects of our business through the lens of sustainability, which holistically integrates business objectives with environmental and social concerns (i.e., the “triple bottom line” approach).

Clean Energy – We are committed to the efficient use of energy and promoting clean power supply technologies.

Stakeholder Management – We will aggressively build awareness of NYPA’s Mission and purpose by cultivating positive relationships with our Stakeholders – customers, public officials, regulatory agencies, community representatives, and other opinion leaders – to ensure they support us and share in our commitment.

Financial Strength – We will maintain NYPA’s financial strength so as to have the financial resources needed to fulfill our Mission.

 


CORPORATE STRATEGIC GOALS

Strategic Goals are the specific areas in which we focus our resources and efforts over the horizon of the strategic plan.  Strategic Goals are supported by Strategic Initiatives which are projects with defined objectives and a clear beginning and end.  Each business unit organization must balance the incremental effort defined by these initiatives with management of the ongoing business of the enterprise.   

 

The Strategic Goals are grouped within three categories of Mission, Stewardship and Accountability that, respectively, define: our purpose; our intention to maintain and grow the resources entrusted to us; and our commitment to responsible leadership.

 

Mission Goals:

Economic Development:  Administer economic development power programs, including Governor’s Recharge NY Power Program, to maximize creation and retention of New York State jobs

Energy Services:  Enhance energy efficiency programs to reduce energy usage statewide. Assist in the achievement of the SAGE commission goal of aggregate annual budget savings of $100+ million per year within 4 years through energy efficiency investments in all State facilities where valid economic payback exists

Energy Infrastructure:  Develop transmission and generation projects to meet New York State’s needs

 

Stewardship Goals:

Financial Management:  Ensure that NYPA has the financial resources to achieve its mission 

Maintain Infrastructure:  Identify and implement opportunities to increase the performance of New York State generation and transmission infrastructure

Workforce Management: Develop programs to address workforce issues of succession planning, retention, compensation and training

 

Accountability Goals:

Safety Leadership:  Pursue a “zero” accident rate and maintain an industry safety leadership position

Environmental Responsibility: Create minimal impact from operations and facilities

Enterprise Risk:  Promote achievement of the mission by effective risk identification and management and risk-informed decision making

Compliance:  Monitor and report applicable legal/regulatory compliance requirements and ensure that they are met


BALANCED SCORECARD - 2011

 

 

The 2011 Balanced Scorecard displays the strategic goals, performance targets and results achieved for 2011.

 

Strategic Goals

Objectives

Performance Measures

2011 Target

2011 Results

1.   Power Supply Optimization

Identify and implement opportunities to increase the performance of New York State generation and transmission infrastructure

Generation Market Readiness

99.4%

99.9%

Transmission Reliability

97.71%

96.71%

Installed MWs to Meet Demand

518 MWs

518 MWs

2.   Financial Strength

Control costs to ensure NYPA’s ability to finance future initiatives

O&M Budget (Millions)

$312.3M

$317.7M

3.   Enterprise Risk and Compliance

Improve risk management and compliance profile

Enterprise Risk

100%

95%

Improve compliance profile

Compliance Reporting

75%

75%

Compliance Training

75%

75%

Create minimal impact from energy operations and facilities

Environmental Incidents (#)

27

34

4.   Economic Development

Allocate use of NYPA economic development power programs to maximize creation and retention of New York State jobs

Jobs Created/ Retained

2,000

2,065

5.   Energy Efficiency

Enhance energy efficiency programs to support the Governor’s plan to achieve a 15% reduction in energy demand by 2015

Energy Efficiency (MWHs)

75,000 MWHs

78,681 MWHs

6.   Renewables

Develop generation and transmission projects to support the Governor’s plan to achieve a 30% renewable portfolio standard by 2015

Renewable Energy (MWHs)

200,000 MWhs

222,390 MWhs

7.   Workforce Renewal

Develop programs to address changing/aging workforce trends

Succession Planning Information Tool Rollout

80%

60%

8.   Safety Leadership

Continue to pursue a “zero” accident rate and maintain an industry safety leadership position

Recordable Incidence Rate (OSHA Rate)

1.00

1.56

9.   Sustainability

Develop and implement programs to instill a culture of sustainability across the enterprise

Sustainability Profile

15

18

 


 

BALANCED SCORECARD - 2012

The 2012 Balanced Scorecard sets the performance goals and targets that we will strive for during 2012.  The performance goals are represented by both quantified and milestone-based measures

 

Mission Goals

Strategic Goal

Objective

Performance Measure

2012 Target

Economic Development

Administer economic development power programs, including Governor’s Recharge NY Power Program, to maximize creation and retention of New York State jobs

Jobs Created and Retained per MW Allocated

TBD[*]

Energy Services

Enhance energy efficiency programs to reduce energy usage statewide. Assist in the achievement    of the SAGE commission goal of aggregate annual budget savings of $100+ million per year within 4 years through energy efficiency investments in all State facilities where valid economic payback exists

MMBTUs Saved

400 MMBTUs

Energy Efficiency Investment In State Facilities

$80M

Energy Infrastructure

Develop transmission and generation projects to meet New York State’s needs

Energy Highway

Milestones[†]

 

Stewardship Goals

Strategic Goal

Objective

Performance Measure

2012 Target

Financial Management

Ensure that NYPA has the financial resources to achieve its mission 

O&M Budget

$370.9M

Debt Coverage Ratio

2.5

Maintain Infrastructure

Identify and implement opportunities to increase the performance of New York State generation and transmission infrastructure

Generation Market Readiness

99.4%

Transmission Reliability

96.56%

Workforce Management

Develop programs to address workforce issues of succession planning, retention, compensation and training

Succession Preparedness

Milestones=

Retention

Milestones=

Training

Milestones=

 

Accountability Goals

Strategic Goal

Objective

Performance Measure

2012 Target

Safety Leadership

Continue to pursue a “zero” accident rate and maintain an industry safety leadership position

Recordable Incidence Rate

(OSHA Rate)

1.00

Environmental Responsibility

Create minimal impact from operations and facilities

Environmental Incidents

29

Enterprise Risk

Promote achievement of the mission by effective risk identification and management and risk-informed decision making

Enterprise Wide Risk Management Program

Milestones=

Compliance

Monitor and report applicable legal/regulatory compliance requirements and ensure that they are met

Compliance Reporting

Milestones=

Compliance Training

Milestones=

 



[*] The annual target for the Jobs Created/Retained per MW Allocated will be determined as part of the ReChargeNY program roll out.

[†]= These measures are evaluated on the timely completion of a defined set of significant achievements, referred to as milestones.