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Corporate Performance Measures (SE-36)

Performance measurement helps the IESO monitor and assess how well it achieves the corporate goals approved by its Board of Directors. Our corporate measures help us track how well we are achieving and progressing towards our Mission "to act in the interests of the people of Ontario to provide reliable, competitively-priced and sustainable electricity service".

IESO corporate performance is currently measured against four perspectives:

  • Perspective 1: Effective Use of Funds
  • Perspective 2: Market Evolution
  • Perspective 3: Customers and Stakeholders
  • Perspective 4: Reliability and Operational Effectiveness

The IESO is currently reviewing its existing Corporate Performance Measures, which includes a review of both the four corporate perspectives and the individual performance measures. The purpose of this review is to assess whether the existing Corporate Performance Measures are optimally driving progress towards achieving our Mission. Upon completion of its review, the IESO may propose to either keep or modify the existing Corporate Performance Measures. We will ask stakeholders to provide input on our proposal.

Stakeholder Engagement Plan (Draft)
Stakeholder Engagement Plan (Draft: Revision 1, April 30, 2007)
Stakeholder Engagement Plan (Draft: Revision 2, June 4, 2007)
Stakeholder Engagement Plan (Draft: Revision 3, August 16, 2007)
Stakeholder Engagement Plan (Draft: Revision 4, October 10, 2007)

Working Sessions and Proposed Activities
Date
Agenda/Minutes
Supporting Material
December 5, 2007 Update to the Stakeholder Advisory Committee on the results of the Board meeting.
November 2007 Posting of IESO Board decision.
November 15, 2007 IESO Board of Directors review and endorsement of 2008 Corporate Performance Measures.
Advisory Committee Briefing Note to the Board
November 9, 2007 Post IESO response to stakeholder comments and the recommendation to the IESO Board of Directors.
• IESO Response to Stakeholder Comments
• 2008 Corporate Performance Measures (Revised)
November 5, 2007 Deadline for feedback from the Stakeholder Advisory Committee
Stakeholder Feedback:
• Brian Bentz representing Distributors
• Julie Girvan representing Residential
• Richard Horrobin representing Generators
• Bruce Lourie representing Environmental
• Daniel Whyte representing Generators
• John Witjes representing Public Service Consumers
October 24, 2007 Communicate Corporate Performance measures to stakeholders requesting input by November 5.
•  Corporate Performance Measures
•  IESO response to stakeholder feedback
September 17, 2007 IESO response to stakeholder feedback on Corporate Performance Measures.
• IESO Response to Stakeholder Feedback
August 22, 2007 Update to Stakeholder Advisory Committee on 2008 Corporate Performance Measures.
Stakeholder Feedback:
• Aquilon Power
August 8, 2007 Post materials for stakeholder advisory committee meeting requesting input by September 5.
July 9, 2007 Recommended demand forecasting performance measures and targets for 2008 posted.
• Background information.
June 28, 2007 IESO Board of Directors review of proposed Corporate Performance Measures and feedback from Stakeholder Advisory Committee.
June 22, 2007 Posting to the web of the Stakeholder Advisory Committee and stakeholder feedback on proposed IESO performance measures.
June 20, 2007 Closing date for Stakeholder Advisory Committee and stakeholder feedback on proposed IESO performance measures model.
• No stakeholder feedback was received.
June 6, 2007 Presentation to Stakeholder Advisory Committee on proposed IESO performance measures.
May 23, 2007 Posting of materials for the Stakeholder Advisory meeting.
April 23, 2007 Posting of stakeholder written submissions.
Stakeholder Feedback:
• Ontario Power Generation
• IESO Response to Stakeholder Feedback
April 18, 2007 Closing date for stakeholder written submissions on proposed 2008 Performance Measures.
April 4, 2007 Presentation to Stakeholder Advisory Committee of corporate performance stakeholder plan.
March 20, 2007 Posting Stakeholder Engagement Plan.
 
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