+NYULMC Research Institute

Innovation Communication

Leadership

+Objectives Communicatio

n

Change

Summary of Internal Analysis

Key Objectives

Timeline

Communication Plan

Q & A

Agenda

+Objective 1: Vision Create an updated Vision Statement

Communicate this vision consistently and frequently utilizing all channels available

Vision: Direction and trajectory Informs allocation and development of scarce resources

(funding, talent, real estate, time) Galvanizes internal efforts Provides strong sense of identity (internally and externally)

+Objective 2: Funding Trends

• Unbiased & autonomous task force• Aggregate data• Patterns and predictions• Look to parallel industries

+ Objective 3: Senior Management

Objectives: Increased business support Leadership self-assessment Anonymous employee survey Executive Training at NYU Stern (ie EMBA)

Benefits: Increased Business Awareness Know strengths, know weaknesses Continual influx of outside influence, ideas, industry trends Grassroots, organic innovation

+The Hackathon

+Objective 4: Performance Metrics Identify core leadership team to create new performance

metrics Build out key values (identified in the vision planning

process)          Balanced scorecard including: financial, operational, learning

& growth, and customer satisfaction. Develop data and benchmark KPI’s

+ Financial

Customer Service

Learning &Growth

OperationsNew Vision

Funding

Metrics

??

Measurement

MeasurementMeasurement

Measurement

+Objective 5: Alternative Funding

Diversify Revenue Streams

Leverage Existing Strengths

Capitalize on NYC

+Number Crunching Measure Funding in a New Way

The Numbers Tell a Story

Wise Spending

Identify “Champions”

Identify Growth Potential

+Put the Plan into Action Maximize Network Connections

Philanthropy

Public/Private Partnerships

Hackathon

+Timeline - Objective 5

3 months 6months 1 year 2 years

Establish New Connections

Assess Intellectual Capital

Establish New Measurement

Tool

Report, Adjust, Repeat

18 months

+ConclusionNew Vision

World-class research institute positioned effectively for collaboration, organizational agility, and future success

Diversified/Anticipatory Funding

Management & Metrics

+ Q & A