FTC Releases Draft Strategic Plan for Fiscal Years 2014-2018

The Federal Trade Commission has approved the release of the agency’s draft Strategic Plan for Fiscal Years 2014-2018 for stakeholder review and comment, as required under the GPRA Modernization Act of 2010 (GPRAMA), using guidance issued by the Office of Management and Budget.

Every four years, each government agency is required to prepare and submit an updated strategic plan covering activities for at least the following five years. The FTC's last updated strategic plan was prepared in FY 2009. This strategic plan presents strategic goals, objectives, strategies, and performance goals for the next five years. It details how the plan will be implemented in the areas of consumer protection, maintaining competition, and organizational performance, on an objective-by-objective basis. The plan also explains external factors affecting achievement of the goals and evaluations and research efforts. Finally, it includes an overview of the planning process.