FRDC's R&D Plan 2020-2025 seeks to build on efforts from across Australia’s fishing and aquaculture system to achieve a shared vision of what fishing and aquaculture might look like in Australia by 2030. The Plan focuses on delivering outcomes in five key areas, supported by five enabling strategies to help make progress towards those outcomes faster and easier.
In doing so, FRDC's R&D Plan enables pursuit of requirements under FRDC's Statutory Funding Agreement and associated guidelines, best practice guidance on stakeholder engagement and knowledge transfer and commercialisation, Agriculture Innovation Policy Statement, and National Fisheries Plan.
Additional context explaining the focus of the R&D Plan 2020-2025 is provided within companion document, Shaping FRDC’s 2020-25 R&D Plan. The companion document targets readers seeking additional information on methods used to derive the R&D Plan, and dynamics that have informed its development.
Developing the FRDC’s R&D Plan 2020-2025
The journey of consultation, deep systems thinking, research and scenario planning that informed the FRDC’s R&D Plan 2020-2025 is summarised here.
Operationalising the R&D plan
Bridging the FRDC's R&D Plan are five Annual Operational Plans (AOPs) that seek to guide investment for the year ahead, detailing income, expenditure, and planned investments for the coming year.
This planning approach is designed to emphasise intentional strategy setting based on strong program logic, while allowing for adaptability and creativity in problem solving in anticipation of the increasing uncertainty and volatility faced by Australia’s fishing and aquaculture sector.
The figure below provides a visual summary of FRDC's approach towards stakeholder consultation, planning, investment and reporting.
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