PA Research Foundation Strategic Plan 2012 – 2017 (reviewed July 2015)
Vision
Better health for all and a community free from diseases
Mission
To bring research to life
Purpose
To raise funds to bring research to life in order to prevent and cure disease at Queensland’s leading translational research precinct – birthplace of the world’s first ever cancer vaccine and home to life saving research
Strategic Target Area
1. Outcomes
Key Strategic Issues
Goals
1.1 Need to Increase funding for new research
$1mill grants funded from 2016/17
1.2 Lack of awareness of PARF supported research
10% Increase in grant applications by 2013
Objectives
1.1.1 1.1.2 1.1.3 1.2.1 1.2.2 1.2.3
2. Financial Sustainability
Increase % of surplus to research Increase research categories Increase the number of applicants supported Increase communication of research outcomes to researchers and the public Need to compile evidence of funding making a difference from the “bench to the bedside” Increase number of applications for PA Research Support Scheme
2.1.1 2.1.2 2.1.3 2.1.4
Increase individual giving Improve and Increase Community Fundraising Grow Sponsorship Opportunities Explore funding from Australian and International foundations
2.2.1 2.2.2
Create new commercial opportunities Increase and expand corporate giving
3.1.1 3.1.2 3.1.3
Increase Brand Awareness Intensify and boost internal PA engagement Develop a Stewardship program
At least one “thank you event held each year for top individual and company donors
3.2.1 3.2.2
Communication plans for key stakeholders reviewed annually from 2011 - 12
3.2.3
Secure Media Partners Grow and strengthen existing PARF stakeholder relationships Develop and foster new partnerships with business and industry
4.1 Lack of Adequate systems and processes 4.2 Embrace new technologies and innovative thinking
Annual review of systems and processes
4.1.1
Need to improve systems and processes
Incorporate advances in technology that reduce cost and/or improve outcomes from 2011
4.2.1 4.2.2
Embrace new technologies and innovative thinking Integrate social media into business as usual
5.1 Recognise, reward and retain quality staff
Annual performance appraisal and recognition program in place (conducted annually in May/June)
5.1.1 5.1.2 5.1.3
Recognise, reward and retain quality staff Strive for no staff turnover Support staff to become involved in relevant peak industry groups
5.2.1
Need to develop opportunities for volunteers in fundraising and support areas
2.1 Need to Increase net income
$2 mill net income by 2016
2.2 Explore new funding sources
Create commercial opportunities Joint ventures for new projects, investments & shared services
3.1 Need to Increase Brand Awareness
Ensure brand and key messages are aligned at every opportunity Increased recognition of brand by 2013-14
3. Awareness
4. Systems and Innovation
3..2 Grow and Strengthen Partnerships
Capture and review new ideas as part of business as usual
100% of staff attend training and development by end 2012 (achieved and maintained)
5. Our People 5.2 Need to develop opportunities for volunteers
Volunteer roles and volunteer recognition developed by end 2012