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Department of Treasury and Finance Investment Management team Finalists in the IPAA Victoria Leadership in the Public Sector Awards 2009 Congratulations to the Investment Management team, Terry Wright, Greg Gough, Eldar Salkovic and Steve Huang. The team were finalists in the IPAA Victoria Leadership in the Public Sector Awards 2009, in the category of Innovation in Policy Development and were on Monday 15 February awarded a finalist's certificate for their work on the Whole of Victorian Government Policy Investment Management Standard. This award acknowledges important and distinctive achievements and leadership by talented public servants. The team expressed its gratitude to the management and executives of DTF for their encouragement and the support of their ideas, something that is essential to fostering innovation in the VPS. The team also explained that the initiative would not have happened without the input of over 2 000 people from across the governments of Australia and New Zealand and the corporate sector - in a rich 'peer production' experience. The Investment Management Standard initiative of DTF has been evolving since 2003 and was developed in response to some deep-rooted problems facing most governments including: the disconnect between good policy and its implementation; wasted expenditure on poor investments and unnecessary business cases; and processes that provide no value. For more information on the Investment Management Standard go to: http://http://www.dtf.vic.gov.au/investmentmanagement