§ Viscount Davidson
asked Her Majesty's Government:
What performance targets they have set in the 1995–96 financial year for the Overseas Development Administration's executive agency, the Natural Resource Institute.
§ Baroness Chalker of Wallasey
This is a transitional year for the institute, during which it will be undertaking a major restructuring exercise. It will be working during this period to the following principal targets.
Restructuring. To implement, by the end of the 1995–96 financial year, an agreed programme of restructuring measures identified in the light of a recently-completed study of the institute's future business prospects. Specifically:
- (a) to reorganise the institute's management commands;
- (b) to manage a voluntary severance programme aimed at reducing staff numbers to an indicative level of 360; and
- (c) to formulate an accommodation strategy for the smaller institute.
Unit revenue. While implementing this programme, to maintain an average revenue of £67,750 per operational year of time charged to clients for a minimum of 260 operational years.
External business. To increase the number of operational years of work for non-ODA clients, and the value of retained income from this source, by 10 per cent.