Dr M: Forget KPI, judge by results instead

At today’s launch of the Shared Prosperity Vision 2030, Dr Mahathir Mohamad reassured the Bumiputera community they would not be left behind.

KUALA LUMPUR: Prime Minister Dr Mahathir Mohamad called today for a results-based approach to assessing the performance of government officials.

He also reassured the Bumiputera community that they would not be left out of the new Shared Prosperity Vision 2030 launched today, but reminded them to “run faster to catch up with those in front”.

In a speech launching the new policy, he said “the Key Performance Index (KPI, currently used as a gauge) must change to Key Results Indicator (KRI) or a performance indicator that can be assessed, for example from the point of increasing income, job creation or value-added business and others.”

He said the monitoring and reporting system, especially at the government level, must be upgraded and strengthened.

The success of the Shared Properity Vision should be evaluated based on the performance of each minister, ministry and agency as well as various government and private institutions, he said.

It was important to set clear and comprehensive targets and indicators to ensure the success of the policy, which contains at least 10 main economic targets to be achieved by 2030.

In addition to these key indicators, other indicators and targets based on strategic core, enabling and initiative would be introduced to ministers and at various levels of ministries, government-linked investment companies and government-linked companies and agencies so that they can be aligned towards achieving the targets of the new policy.

He reassured the Bumiputera community that they would not be left out, and criticised those who were “spreading false rumours that the Pakatan Harapan government or SPV2030 had set aside Bumiputera rights and the futures of Bumiputers by making equal all opportunities and liberalising all sectors”.

He said the Bumiputeras would be helped to become more competitive so that they are capable of standing tall with other ethnic groups.

“At the same time, as I always emphasise, Bumiputeras should not just wait for government assistance and support. If we know that we are lagging, we must run faster to catch up with those in front, “ he said.