Semiannual Report

This is our fifteenth semiannual report. During this reporting period, we began reviewing our operations to ensure we are acting in ways consistent with the Report of the National Performance Review --"From Red Tape to Results: Creating a Government that Works Better & Costs Less.'' We are pleased to report that both TVA and the OIG already are traveling the road to reinvent government.TVA recently adopted three goals--pL1t employees first, establish environmental leadership, and maintain competitive rates. Our efforts to work with TVA management to achieve these goals include soliciting TVA input for audits and inspections, improving programs and preventing problems, loaning employees to management for specific assignments, and obtaining feedback from customers. The generally positive feedback received this period coupled with a continued decrease in resources shows we are successfully focusing our attention on doing more quality work with less.This report was intentionally shortened and emphasizes results from our work used by management to improve TVA operations. Based on the continuing strong support of TVA managers, employees, and Congress, I anticipate even better results and more innovation in the future. We will continue to pursue our objective of being a "catalyst for excellence" while justifying the trust and responsibilities placed upon us. Sincerely, William L. Hinshaw, II