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Strategies and tactics for developing strategy and planning for the Frontier Research Division in economic and finance

Published 3 months ago

The strategy for the Frontier Research Division in economic and finance emphasizes enhancing research capabilities by recruiting top-tier researchers, investing in advanced tools, and establishing partnerships with top academic institutions. For instance, the division plans to provide continuous training for research staff and create a collaborative culture to ensure high-quality outputs. Moreover, the strategy includes regular research reviews and encourages publication in top journals.

Improving dissemination of research findings is another key aspect. This involves developing a comprehensive dissemination plan, hosting webinars, and collaborating with media outlets. The division also intends to use social media and visually engaging infographics to reach a broader audience.

Lastly, fostering collaboration and partnerships is crucial. Identifying potential research partners, establishing joint initiatives, and participating in international networks are part of this strategy. For example, the division plans to share resources with partner institutions and set up exchange programs for researchers, promoting joint publications and leveraging new funding opportunities.

The strategies

⛳️ Strategy 1: Enhance research capabilities

  • Recruit top-tier researchers and economists in the field
  • Invest in advanced research tools and databases
  • Establish partnerships with leading academic institutions
  • Provide ongoing training and development for research staff
  • Create a collaborative research culture within the division
  • Implement regular research reviews and quality assessments
  • Expand the research into emerging economic and finance issues
  • Encourage publication of research in top journals
  • Develop mentorship programmes for junior researchers
  • Allocate dedicated funding for innovative research projects

⛳️ Strategy 2: Improve dissemination of research findings

  • Develop a comprehensive research dissemination plan
  • Create a dedicated website and blog for the division
  • Host regular webinars and conferences to present findings
  • Collaborate with media outlets for greater visibility
  • Produce and distribute research summaries and reports
  • Engage with policymakers to translate research into practice
  • Utilise social media platforms for wider outreach
  • Develop partnerships with industry stakeholders
  • Create informative and visually engaging infographics
  • Track and measure the impact of dissemination efforts

⛳️ Strategy 3: Foster collaboration and partnership

  • Identify and approach potential research partners
  • Establish joint research initiatives with partner organisations
  • Develop frameworks for collaborative research projects
  • Share resources and expertise with partner institutions
  • Set up regular meetings and workshops with partners
  • Participate in international research networks and consortia
  • Create bilateral exchange programmes for researchers
  • Leverage partner networks to access new funding opportunities
  • Promote joint publications with partner researchers
  • Measure and report the outcomes of collaborative efforts

Bringing accountability to your strategy

It's one thing to have a plan, it's another to stick to it. We hope that the examples above will help you get started with your own strategy, but we also know that it's easy to get lost in the day-to-day effort.

That's why we built Tability: to help you track your progress, keep your team aligned, and make sure you're always moving in the right direction.

Tability Insights Dashboard

Give it a try and see how it can help you bring accountability to your strategy.

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