Paul McDowell said one of the biggest challenges for his organisation at the moment is preparing for opportunities "down the track".
The nature of such opportunities will depend largely on legislation emerging from the sentencing green paper, which contains a number of proposals on youth justice.
Payment-by-results projects that pave the way for the eventual devolution of the cost of custody to local areas are in the process of being piloted and other initiatives could be in the pipeline.
McDowell said one area Nacro is eager to get involved with is payment-by-results in relation to reducing re-offending rates of older young offenders and those making the transition to adult prisons, but he added that time is of the essence.
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