Strategic planning is central to the FRDC’s business. A five year plan guides investment in research, development and extension (RD&E), and each year the FRDC scans its business environment and reviews its RD&E activities to ensure its portfolio is balanced and well directed.
FRDC’s RD&E investment planning is undertaken with reference to the priorities of the Australian Government and industry priorities as determined through extensive consultation with key stakeholders including the Australian Fisheries Management Forum (AFMF), industry representative bodies and Fisheries Research Advisory Bodies (FRABs).
The development of the current five year plan was undertaken alongside the development of the National Fishing and Aquaculture RD&E Strategy, a component of the National Primary Industries RD&E Framework. This ensures that FRDC’s investments support national priorities, and encourages efficiencies across the national RD&E system.
National Primary Industries RD&E Framework
The over-arching framework for primary industries RD&E is the National Primary Industries Research, Development and Extension Framework, to which governments, the research and development corporations, research providers and primary industry peak bodies have contributed. The Framework aims to encourage greater collaboration and promote continuous improvement in the investment of RD&E resources nationally. The document that outlines the future RD&E directions of the fishing and aquaculture industry within that framework is Working Together: the National Fishing and Aquaculture RD&E Strategy.
FRDC RD&E Plan
the Fisheries Research and Development Corporation’s strategic plan for research, development and extension (RD&E) is its primary strategic document relating to the fishing industry. As the principal source of information about the FRDC’s policies, programs and operations, the plan:
The FRDC’s current RD&E Plan runs from 1 July 2015 through to 30 June 2020.
Annual Operating Plan
The FRDC is required by its enabling legislation to develop an (AOP) each year. The AOP, provides context for the FRDC’s operating environment and highlights the key strategic areas of investment for the coming financial year. When looking to apply for funding the AOP is a key strategic document that should be referred to by stakeholders.