Performance Efficiency Comes to the Beltway — Obama to create new government position called “Chief Performance Officer”

In these tough economic times, government, like businesses, need to be more efficient and collaborate better in order to reduce deficits and improve performance.  Shareholders expect it, and so do the “American People.”

President-elect Barack Obama today will announce his pick for “chief performance officer,” a newly created position that will work on the federal budget and to reform government.

Barack Obama has selected Nancy Killefer to be his CPO, according to two Democratic officials.

Obama has selected Nancy Killefer, according to two Democratic officials. She is currently a senior director for McKinsey & Company, a management consulting firm.  She was an assistant secretary of the treasury in the Clinton administration.

The CPO will “help put us on a path to fiscal discipline,” a Democratic official said.  The announcement comes a day after Obama told reporters that the deficit will probably hit $1 trillion this year and that “potentially we’ve got trillion-dollar deficits for years to come.”

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