cooperative research centres transition planning for crcs mr anthony murfett crc branch / research...
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Cooperative Research CentresTransition Planning for CRCsMr Anthony Murfett
CRC Branch / Research Division17 May 2011
Presentation Overview
1. CRC program – transition planning
2. What is a transition plan?
3. Why the need for a transition plan?
4. Questions answered in a transition plan
5. Transition planning – the approach
6. First principles - what’s in & what’s out?
7. Developing the strategy
Without an effective plan for the future, where will the CRC be at the end of program funding?
Or worse still …
1. CRC Program – Transition Planning
The CRC program is a highly competitive, merit-based grants program
Funding provided to solve a major challenge within the funding term
There is no guarantee of recurrent funding
CRCs are asked to develop a transition plan to ensure the impact of the CRC is captured
Since 2009, any CRC can be asked to prepare a transition plan as a condition of funding
Following third year reviews, many 2006 CRCs have been asked to prepare a transition plan
2. What is a Transition Plan?
Describes ‘life after’ CRC program funds have ceased
Covers commercial and public good activities
A flexible planning document
strategy for any post-CRC program activity
high level, broad detail, flesh-out over time
no single ‘best approach’
The future
Where is the CRC now
CREATIVE TENSIONCREATIVE TENSION
2. What is a Transition Plan?
Explains:
long term goals
strategies to achieve those goals
what, and how, commercial, public good outputs and ‘know how’ will be ‘transitioned’ to maximise the benefit to Australia
• includes services, education material and programs and research pipelines.
the expected legacy of the CRC
Not an exact science
3. Why the need for a Transition Plan?
To plan ahead to maximise the outcomes of the CRC
collaborative partnerships
research outputs, outcomes, IP and know how
Ongoing activities require alternative resources and new strategies
Must consider strategies (Plan A, B, even C, and the risks)
Preparation needs to commence from the start. Consider where you want to be and work backwards
4. Questions answered in a Transition Plan
long term utilisation strategy?
long term organisation/business strategy?
products/services to be delivered and how?
financial and other resources needed?
how will they be secured?
what does a risk analysis (S.W.O.T.) reveal?
5. Transition Planning – the approach
Consideration should be given to:
legacy?
strategy and back-up strategy?
identify and mitigate risks?
will the current CRC operating structure aid or restrict operations post-CRC grant (e.g. IP, tax, capital gain)?
how will (or should) the CRC, or other collaboration, continue to operate after CRC program funding?
resources needed?
sources of funding and other resources?
how to maximise the use of IP and other CRC know-how?
5. Transition Plan – the approach A path to adoption
consider appropriate path/s to adoption (commercial/public good)
maximise collaborative partnerships
maximise diffusion of IP and know-how
continually disseminate new information amongst decision makers
refine in light of experience and developments
Transition options include:
exclusive and non-exclusive licences
research agreements or contracts
continued joint ventures
spin-off companies
wind up (but legacy or impact of CRC continues)
6. First Principles - What’s in & What’s out?
Determine Strategy & Options for each technology/activity/research topic
CRC’s current activities/research
What will continue?Why?
What won’t continue?Why?
Any new activities/research?Why & why not?
««« Post CRC Program Funding »»»««« Post CRC Program Funding »»»
7. Developing the Strategy
The Centre
What does the centre do and what is its intended legacy?
The Future
Overall goals for the centre?
The Resources
What is required and where will it come from?
The CentreWhat does the Centre do and what is its intended
legacy?
Commercial potential
Competitors
Market Conditions
IP protection – what, how?
Limitations and risks
Likely Business Model
Resources and funding required
SWOT Analysis
Strategy for deployment, including who, how and why
The Future
Short & long term goals? What activities will be undertaken to meet them?
Basic business plan for proposed model (Plan A), incl. outline of expected income and expenses
Proposed model for sustainability? Risks/benefits of model? What is Plan B or C if Plan A is not feasible?
Will ongoing activities include an education program?
Governance and management structure? Is it the most efficient and effective?
Overall goals for the Centre?
The Resources
If not ongoing – provide a brief strategy for how outcomes will be supported into the future
Is a specific rate of return for supporters required? How will this be realised?
How much money is required up-front? Where will it come from?
What proportion will be sought from other sources?
What staff, facilities and resources will be needed?What is the planned timeframe?
Are supporters and stakeholders engaged and committed?
What is required and where will it come from?
The CRC Program - Building an enduring legacy
Further Information
CRC Website www.crc.gov.au
CRC Helpline (02) 6213 7177
CRC Email [email protected]
CRC Association www.crca.asn.au
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