Transcript

2014-2016 BALANCED SCORECARD

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VISION STATEMENT The Society for Redox Biology and Medicine will be the premier forum for redox research and the scientific organization promoting the discovery and exchange of knowledge in the area of free radical chemistry, redox biology and antioxidants. THE BALANCED SCORECARD (BSC) SUMMARY OVERVIEW The Balanced Scorecard (BSC) is a strategy performance management tool - a semi-standard structured report that will be used by the SFRBM Board of Directors to keep track of the execution of activities and to monitor the consequences arising from these actions. As a model of performance, the balanced scorecard is effective in that "it articulates the links between leading inputs (human and physical), processes, and lagging outcomes and focuses on the importance of managing these components to achieve the organization's strategic priorities. This plan was created and designed by SFRBM and will cover fiscal years 2014-2016.

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Scorecard Component Descriptions Strategic Objective S.M.A.R.T. Goals Year Priority Committee Target Progress

A broadly defined strategy to support its corresponding initiative (focus).

The specific, measureable, achievable, realistic & time-based action to

support its corresponding objective

The fiscal year in which the goal is to be

achieved. It can be an ongoing goal in multiple

years.

The order of goal priority within a

specific objective. The ‘target” should reflect

the priority.

The committee assigned to the execution of the

S.M.A.R.T. Goal

Goal date of completion (e.g., “No Later Than”, or “On Or

Before.”)

Subjective percentage (%) of completion

identified monthly for reporting at Board

meetings.

INITIATIVE 1: FINANCE

Strategic Objective (To be realized by end of fiscal year 2016)

S.M.A.R.T. Goal (To be realized by end of fiscal year identified)

Fiscal Year / Priority Committee Target Milestone/Progress

1.1 Create strategic alliances with organizations that help increase SFRBM’s visibility in the scientific and medical community

1.1.1 Identify 3 target societies in US and establish a relationship by direct means (begin by identifying and contacting a point person in their leadership).

2014 1 Strategic

Alliances & Outreach

Jun 1 2014

1.1.2 Establish alliance with SFRR-Europe. 2014 2 Strategic

Alliances & Outreach

Jun 1 2014

1.1.3 Organize an “Undergraduate Day/Morning” at the annual meeting to encourage undergraduates to attend the meeting and learn about the society.

2014 3 Strategic

Alliances & Outreach

Jun 1 2014

1.1.4 Secure 5 Science Fair winners from local high schools with SFRBM-related research interests, and briefly highlight their projects at the beginning of plenary talks

2014 4 Strategic

Alliances & Outreach

Aug 1 2014

1.2 Increase partnerships with industry

1.2.1 Identify 3 new industry partners to target to establish a connection with SFRBM. Increase our involvement with existing partners to advertise the society through their existing channels (i.e. Seahorse webinars).

2015 1 Fundraising Mar 1 2015

1.2.2 Develop at least one industry sponsored workshop/new technology symposia during the annual meeting, with the goal of advertising for the company but mainly educating SFRBM membership on new, cutting edge technology/products.

2016 2 Fundraising Nov 1 2016

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Strategic Objective (To be realized by end of fiscal year 2016)

S.M.A.R.T. Goal (To be realized by end of fiscal year identified)

Fiscal Year / Priority Committee Target Milestone/Progress

1.3 Encourage continued development of the SFRBM Foundation

1.3.2 Create new Foundation incentive program 2014 1 Finance/

Investments Nov 1 2014

1.3.3 Ensure that there is a Foundation booth next to registration at the annual meeting to both advertise Foundation accomplishments as well as solicit donations (annually).

2016 2 Finance/

Investments Dec 31 2016

INITIATIVE 2: EDUCATION & PROFESSIONAL DEVELOPMENT

Strategic Objective (To be realized by end of fiscal year 2016)

S.M.A.R.T. Goal (To be realized by end of fiscal year identified)

Fiscal Year / Priority Committee Target Milestone/Progress

2.1 Continue to provide high-quality educational and professional development opportunities, both in person and web-based

2.1.1 Continue to offer quarterly virtual Free Radical School sessions

All 1 Free Radical

School Dec 31 2014

2.1.2 Advertise archived FRS listings to members at regular intervals

All 4 Free Radical

School

Mar 30 2014 Jul 30 2014 Oct 3 2014

2.1.4 Offer 4 Mini-Fellowships Awards per year; increase application submissions by 25% in 2014

All 2 YI/Trainees Apr 15 2014 Oct 15 2014

2.1.5 Record Professional Development sessions offered at Annual Meeting to be web-based resource

All 3 Professional Development

Dec 31 2014

2.2 Increase engagement of trainee members

2.2.1 Offer 1 educational webinar per year on career development

2014 3 Trainee Council Dec 30 2014

2.2.2 Survey trainees once per year on career development 2014 2 Trainee Council Aug 1 2014 2.2.3 Emphasize the possibility of doing a mini-fellowship in industry by stating this fact more openly on mini-fellowship advertisements. This could be industry sponsored (financially) or SFRBM sponsored to create a “pipeline” of young redox biologists for potential careers in industry.

2014 1 YI/Trainees Mar 1 2014

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INITIATIVE 3: RESEARCH & SCIENTIFIC EXCELLENCE

3.3 Revisit and/or revise society award’s program to recognize research excellence of senior and junior members

3.3.1 Create and implement ‘Paper of the Year’ Award All 1 Awards Senior Jun 1 2014

3.3.2 Revise SFRBM Fellow criteria All 2 Awards Senior Jan 1 2014

3.3.3 Create and implement ‘Mid-Career Achievement’ Award All 3 Awards Senior Sep 1 2015

Strategic Objective (To be realized by end of fiscal year 2016)

S.M.A.R.T. Goal (To be realized by end of fiscal year identified)

Fiscal Year / Priority Committee Target Milestone/Progress

3.1 Provide environment for exchange of information & technology promoting scientific excellence

3.1.1 Establish Scientific Excellence Committee to organize and hold one (1) regional meeting that is clearly focused and not redundant with the annual meeting

2014 1

VP Research of Research & Scientific

Excellence

Jun 1 2014

3.1.2 Update (biannually) table list of interested and eligible persons to serve as peer-reviewers for NIH regarding redox biology science and submit to NIH CSR

2014 3 Scientific

Excellence Sep 1 2014

3.1.3 Compile a list of scientific interests of individual labs within the society to make available to specific companies to assist with beta testing, etc.

2014 2 Membership Aug 1 2014

3.2 Support collaborative research opportunities involving redox biology in multidisciplinary R&D

3.2.1 Increase number of Travel Awards by 2 for each fiscal year (e.g. 12 in 2014, 14 in 2015 and 16 in 2016) 2014 2 Awards Junior Oct 1 2014

3.2.2 Communicate the process of conference abstract selection to members in order to dispel the perception of bias.

2014 3 Scientific

Excellence Nov 15 2014

3.2.3 Establish and implement a Research Award Program 2014 1 Awards Senior Sep 1 2014 3.2.4 Develop, market & execute one joint symposia of an interdisciplinary nature at 2014 Annual meeting 2015 4

Scientific Excellence

Apr 1 2015

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Strategic Objective (To be realized by end of fiscal year 2016)

S.M.A.R.T. Goal (To be realized by end of fiscal year identified)

Fiscal Year / Priority Committee Target Milestone/Progress

3.4 Improve mechanisms to identify and ‘groom’ future society leaders

3.4.1 Contact committee chairs quarterly for ‘all stars’ for future leadership roles

All 1 Nominations/ Leadership

Development Mar 20 2014

INITIATIVE 4: COMMUNICATIONS

Strategic Objective (To be realized by end of fiscal year 2016)

S.M.A.R.T. Goal (To be realized by end of fiscal year identified)

Fiscal Year / Priority Committee Target Milestone/Progress

4.1 Promote the Societies reputation and visibility, as well as the interests of its current and potential members to the scientific community and public

4.1.1 Hire one (1) Public relations firm in 2014 to develop and implement a PR plan focused on increasing the value and breadth of the SFRBM brand

2014 1 Marketing-External

Apr 1 2014

4.1.2 Develop external marketing tool (distribute bi-monthly) to send to non-SFRBM members derived from affiliated journal authors and reviewers

2014 3 Marketing-

Internal Feb 1 2014

4.1.3 Execute biannual website content audit All 6 Website Dec 31 2016

4.1.4 Add new section to website specifically focused on educational content for members

2014 5 Website Apr 1 2014 and Oct 1

2014

4.1.5 Provide the SFRBM membership with a slide advertising the annual SFRBM meeting to use at the end of talks to promote the society and the meeting.

2014 6 Marketing-External

Jun 30 2014

4.1.6 Contact 5 societies with redox overlap and solicit them to include a SFRBM link on their site.

2014 2 Marketing-External

Dec 31 2014

4.1.7 Advertise FRS Webinars as resources to external societies; target list - non member FRBM and RB authors

All 4 Marketing-External

Bimonthly starting

Feb 15 2014

Strategic Objective S.M.A.R.T. Goal Fiscal Year Committee Target Milestone/Progress

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(To be realized by end of fiscal year 2016) (To be realized by end of fiscal year identified) / Priority

4.2 Improve the quality of SFRBM communication with its members.

4.2.1 Publish 4 issues of The Dot per year with enhanced content All 1

Marketing-Internal

Dec 31 2016

4.2.2 Increase citations and downloads of FRBM by 6% annually

All 2 Publications Dec 31 2016

4.2.3 Increase citations and downloads of Redox Biology by 30% annually All 3 Publications Dec 31 2016

INITIATIVE 5: MEMBERSHIP

Strategic Objective (To be realized by end of fiscal year 2016)

S.M.A.R.T. Goal (To be realized by end of fiscal year identified)

Fiscal Year / Priority Committee Target Milestone/Progress

5.1 Develop incentives to increase retention of trainee members as they transition to early career professionals.

5.1.1 Redefine and publicize Associate membership category to include a junior faculty (instructor and non-tenure-track asst. professor up to 5 years post appointment).

2014 1 Retention Mar 1, 2014

5.2 Attract scientists and physicians from parallel, related and emerging fields into the society.

5.2.1 Advertise (once per year in booth format) SFRBM at targeted societies with redox biology overlap. 14-16 3 Recruitment Dec 31, 16

5.2.2 Implement and launch personal invitation program 2014 2 Recruitment Mar 1, 2014 5.2.3 Quarterly solicitation of membership to include SFRBM links on their personal/laboratory institutional Web page.

All 4 Recruitment Dec 31, 16

5.2.4 Realize 3% increase in net member growth annually All 1 Recruitment Dec 31, 16

5.3 Ensure that traditionally underrepresented groups in science are adequately represented across all programs and initiatives.

5.3.1 Create an exploratory committee on Diversity and report back to Council.

2014 1 VP Membership (ad hoc cmte)

July 1, 14

5.3.2 Continue Opening Doors Workshop as a personal development tool, which teaches confidence-building professional skills and encourages participation of diverse groups within the Society.

All 2 WIS Nov 15, 14

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Strategic Objective

(To be realized by end of fiscal year 2016) S.M.A.R.T. Goal

(To be realized by end of fiscal year identified) Fiscal Year / Priority Committee Target Milestone/Progress

5.4 Maintain a dynamic committee structure that ensures opportunities for members to volunteer, contribute to the success of the organization and are recognized for their efforts

5.4.1 Create form letter from the President that acknowledges committee service each year and distribute annually to all volunteers.

All 1 Membership Retention

Jan 1 2014

5.4.2 Each committee chair should identify and “draft” at least 1 member of the society at large to serve on their committee in order to provide some expertise in a specific area.

All 2 Membership Retention

Mar 1 2014

5.4.3 Committee chairs should identify one “top performer” on their committee for recognition each year and provide some incentive for their service/performance.

All 4 Membership Retention

Sep 1 2014

5.4.4 Circulate a call for volunteers to serve on committees at least 2 times a year and have one face-to-face meeting with committee members at the annual meeting.

All 6 Membership Retention

Nov 30 2014

5.4.5 Produce a short video/webinar that provides overview of society leadership, how to get more involved and common FAQs with answers.

2014 3 Membership -

Retention Jul 1 2014

5.4.6 Execute volunteer recognition luncheon at each Annual Meeting 2014 5

Membership - Retention

Nov 15 2014


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