Optimal Use of Resources

Managing the Full Potential of Each Resource

To achieve its mission, the Caisse makes sure it always uses its resources’ full potential.  It has developed a formal approach  to the optimal utilization of its resources, which has been adopted by the Board of Directors and is monitored on a regular basis.

This approach is designed to ensure that sound management practices are in place and that the funds made available to the Caisse are used in a judicious manner, while pursuing the achievement of the depositors’ performance objectives.

The optimal use of resources covers investment resources, i.e. depositors’ net assets, as well as operating resources which include human, material, financial, technological and information resources.

The Audit Committee of the Board of Directors ensures that the approach to the optimal utilization of resources is implemented and properly monitored.

The Human Resources Committee of the Board of Directors also ensures that the Caisse makes optimal use of its human resources.

ANNUAL MONITORING
Each year, Internal Audit assesses the optimal use of resources. It bases its analysis on three criteria:

• Economy
  Meaning the ability to acquire quality resources, at a reasonable cost, at the right time;
• Resource Effectiveness
  Meaning the assurance that the resources in place meet business needs and are used in an appropriate manner;
• Resource Efficiency
  Meaning the assurance that the resources and management practices in place facilitate the achievement of the objectives sought.

----------------------------------------------------
Additional Information
Audit Committee
Human Resources Committee
Finance and Operations