Congress requested that TSA adopt a results-oriented strategic planning and reporting framework and submit an action plan that includes goals and milestones to outline how to achieve acceptable levels of performance, particularly for aviation security. For example, in November 2001, Congress created the Transportation Security Administration (TSA) as a new organization, first housed within the Department of Transportation and later merged into the new DHS. TSA’s overall strategic objective was to prevent intentional damage or disruption to the transportation system by terrorists or others seeking to cause harm, and TSA had defined three performance objectives to support this strategic objective. By applying GEM’s dynamic asset allocation to such simulated ETFs, the practitioner can get a good impression (and nothing more) of GEM’s “true” performance during historical market conditions. Senior leadership that is openly and personally involved in the merger or transformation (in the federal context, departmental Secretary, Deputy Secretary, and other senior political appointees) represents stability and provides an identifiable resource from which employees can come together in turbulent times. We recommended that TSA establish security performance goals and measures for all modes of transportation as part of a strategic planning process that includes, among other things, stakeholders.
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