While the differences between running a private company and the United States Government government are vast, private sector management practices can be used to increase efficiency in the federal bureaucracy. The Office of Management and Budget was created to introduce business-oriented market-driven approaches to the government.
President Trump ran on his business and management accomplishments, and it should be no surprise that he is instructing his budget director to put the ‘M’ back into the OMB. This is welcome news after eight years of poorly managed and expanding bureaucracy under the former administration.
Mick Mulvaney, the former South Carolina Congressman turned OMB Chief has the unique opportunity to turn the President’s promises of a more streamlined government into tangible results. This is not an easy task and the challenges of managing the federal government are not new. We faced similar challenges when the Office was created under President Richard Nixon and while I was serving as only the second Deputy Director of newly created agency. Along with the pioneers of the agency including Director George Shultz, we set out to accomplish big things.
Under the leadership of President Trump and Director Mulvaney this Administration can accomplish big things as well. There are many important legislative fights to come that address the country’s long-term fiscal health, including comprehensive tax reform.
President Trump’s commitment to reducing government interference in the economy, controlling spending, and implementing comprehensive tax reform is resonating with business leaders across the country. Donald Trump the businessman has gotten results before. American voters are counting on President Trump to do the same in Washington. By combining the principals of the OBM with the leadership of the Oval Office, big things will be accomplished.