1ST QUARTER EVALUATION

Press Release

 

March 28, 2014

 

BUSECO successfully holds 2014 1st Quarter Performance Evaluation and Assessment

 

BUSECO for the year 2013 was once again able to sustain its Triple A Electric Cooperative categorization with the set Key Performance Indicator (KPI) of National Electrification Administration (NEA) and BUSECO got 100%, a perfect score. This simply entails that BUSECO is a well manage and a very promising electric cooperative.

 

However, it must be emphasized that despite its categorization, the cooperative does not want to settle at its laurels but wishes to deliver more to its MCOs, hence, aspire to become a World Class Organization. With this, the management is continuously exhausting all means through assessing its performance and planning ahead to ensure realization of its goal.

 

On April 24-25, 2014, BUSECO successfully conducted its Assessment and Evaluation Planning. The activity was spearheaded by its General Manager Deiter Hoff P. Arellano, CPA, MBA together with its Executive Committees (Department/Division Managers) and Management Committee (Section Heads, Selected Office Representatives).

 

During the said activity, accomplishments using balance scorecards of all departments were presented. Unaccomplished targets or critical activities were then identified to ensure that the management will employ measures to effectively achieve the target. GM Deiter Hoff P. Arellano, CPA, MBA then facilitated the SAPADAPPA (Situation Analysis – Problem Analysis – Decision Analysis – Potential Problem Analysis) technique to really analyze the situation and problem, and to come up with effective decision.

 

With the activity, BUSECO is confident that the cooperative will maintain its categorization for the upcoming years while striding harder to realize its dream of becoming a World Class Organization.

 

Onwards and Soar High BUSECO!