Corporate plan 2021-27

This document explains how WICS intends to fulfil its remit and statutory responsibilities during the regulatory control period 2021-27.

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Update to 2021-27 Corporate Plan

Since publishing our 2021–27 Corporate Plan, WICS has undergone significant change. Over the past few years we have strengthened our organisational capability, refreshed our ways of working, and sharpened our focus as Scotland’s economic regulator for the water industry.

In light of this, we took the opportunity to refresh our strategic objectives and outcomes for the final two years of the corporate planning period. This update ensures the plan better reflects the organisation we are today and our current priorities.

In our 2025–26 Work Plan, we set out revised objectives and outcomes that respond to this evolution and provide clarity on where we are focusing our efforts as we move towards the end of the planning period.

Our strategic objectives 

Strategic objective 1:

To support the sector to achieve its long-term vision and the Scottish Ministers' objectives for the regulatory control period.

Strategic objective 2: 

To challenge Scottish Water to achieve high quality levels of service for its customers and communities.

Strategic objective 3: 

To be recognised as a trusted economic regulator at the forefront of best regulatory practice.

Our strategic outcomes 

Outcome 1

Supporting Scottish Water to be sustainable over the long term

Outcome 4

Supporting Scottish Water to become an analytically driven organisation that takes full account of benefits and costs

Outcome 7

Acting as a leading communicator, influencing and collaborating with others to deliver our regulatory approach

Outcome 2

Incentivising an efficient and effective Scottish Water

Outcome 5

Acting as a hub of information and expertise to support decision making

Outcome 8

Ensuring that the office operates effectively and in line with our duties and obligations as a public body

Outcome 3

Helping ensure that the retail market maximises benefits for customers

Outcome 6

Promoting customer-centric decision making

Outcome 9

Demonstrating best value in all that we do

These revised objectives and outcomes will guide our work through the final two years of the 2021–27 period and provide a clear line of sight between our strategy, our work plans, and the outcomes we are delivering for customers and wider water industry. 

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