UNIVERSITY RETENTION STRATEGIES. Monash views the success of an institution and its students as inseparable and is committed to promoting and sustaining high levels of student retention, success and completion. To this end, retention is included as a key indicator of our success within the University-wide KPI framework, and significant investment has been made in programs that support students in their studies. Monash has recently launched the University’s inaugural Student Retention Strategy in response to the Higher Education Standards Panel’s (HESP) 2018 report – Improving retention, completion and success in higher education. The document sets out a whole-of institution commitment to, and shared responsibility for, retention, inclusion, partnerships, and fostering a sense of belonging among students. The Student Retention Strategy presents our aspiration to become a model of excellence in retention and to be recognised for the development, implementation, delivery and assessment of innovative programs and services that enhance student access and success, particularly for at-risk students. The Student Retention Strategy comprises three priority areas for further action: 1. Better utilisation of data and predictive analytics to allow for timely and relevant interventions; 2. Strengthening students’ sense of belonging, starting at orientation and continuing throughout their learning journey; and 3. Better understanding the discontinuation experience, including providing students with alternatives to discontinuing. Within these three priorities, ongoing improvement programs have been identified, along with additional actions for improvement. Implementation will be led by the Pro Vice-Chancellor (Academic), with regular monitoring through the University’s senior committees. KEY PERFORMANCE INDICATORS Action plans to deliver on these outcomes are developed annually and monitored for quality and impact through the Education Portfolio, Academic Board, and the Vice-Chancellor’s Executive Committee. The University aspires to achieve the following teaching and learning KPIs in 2020:KPI 2020 Target Retention1 – Undergraduate 94% Retention – Graduate/Post Graduate 90% ReSEARCH AND RESEARCH TRAINING AND INNOVATION The Focus Monash 2015-2020 strategic plan articulates the following priorities for research, research training and innovation: Develop and recruit high-performing researchers and graduate research students. Focus investment in areas where Monash has or is capable of having impact and research expertise of high international standing. Continue to invest in world-class infrastructure that aligns with Monash research priorities and supports engagement with external research partners. ▇▇▇▇▇▇ research that leverages the breadth and depth of Monash expertise and brings together disciplines to address major research challenges. Identify areas of research collaboration across Monash’s international networks, with particular focus on linkages between higher degree by research students and supervisors. Ensure that all offshore campuses contribute to research performance, leveraging the success of Monash Malaysia which is the most successful branch campus of a university in the world due to its comprehensiveness, research intensity and longevity. Develop institutional research alliances with key university partners. ▇▇▇▇▇▇ an innovation culture and align incentives and internal structures for engagement with external partners. Support the translation of fundamental research to increase its impact. Core strategies to ensure excellence in research and the strengthening of research capability are detailed in the Monash Research Agenda 2020. Refreshed in May 2019, the Research Agenda is the University’s blueprint for improving upon our investigator-led research and ensuring that our research discoveries are translated into genuine and relevant impact. Monash has identified four focus areas for research where its expertise and continued investment will have the most significant impact. These four areas span our established strengths as well as emerging areas of excellence, and provide themes for cross-disciplinary collaboration where Monash can make a transformative contribution on the most pressing societal and planetary challenges of our time: 1. Artificial intelligence and data science; 2. Better governance and policy; 3. Health sciences; and 4. Sustainable development. The Research Agenda sets out 12 actions Monash will undertake to advance its research vision and increase the University’s capacity to deliver excellent, relevant research that positively impacts the world (outlined in the table below):Talented faculty: Attract and grow research leaders Support a high-performance culture through effective recruitment, probation, mentoring and promotion processes Support and promote our existing research and professional talent Target investment to support recruitment in research focus areas Talented students: World-leading research education Continue to increase the scale, quality, diversity and international experience of our HDR cohort Build a Monash Doctorial Program second to none Continue to significantly increase our PhD scholarship funding Enterprise connectivity: Enduring partnerships with industry and precinct partners Enhance our commercialisation support, developing researchers and graduate students with enterprising capabilities Ensure our research is translated for impact, including in the development of new industries Develop productive industry relationships leveraging our research capability and key platforms International connectivity: Institutional alliances with key partners Develop and ▇▇▇▇▇▇ our institutional alliances with international priority partners, including through Networks of Excellence Use staff and student exchange to build on key international relationships Support and initiate further international collaborations Excellent research training is a priority for Monash, and through the Monash Doctoral Program (MDP) the University delivers research training programs that focus on the development of quality research and the researcher. Fostering transferrable skills, technical proficiency and opportunities to connect and collaborate with industry and research end-users are core to the MDP. The University reviews its suite of online and face-to-face development programs available to MDP students annually, continually refreshing these to reflect current needs of students and employers. Monash is fostering excellent standards of supervision to support our research training cohort. A review of quality indicators, content and frequency of supervisor development training will be implemented to ensure it reflects the needs of students admitted to our research training courses and programs. We will grow network and collaboration opportunities for our research training students through continued support for international mobility and the ongoing development of international partnerships and joint award programs in Europe, North America and Asia. The University is undertaking further work to enhance admission processes and PhD pathways to attract the highest quality research training students, regardless of their background or circumstances. We will continue to invest in growing participation through programs that support social inclusion, equity and Indigenous students. Monash’s Graduate Research Industry Partner (GRIP) programs are research and co-investment partnerships with industry/research end users to enable business focused research training programs, solving real-world problems and improving graduate employment options through development and placements. GRIPs also facilitate interdisciplinary focus and application as well as collaboration and network connections. Monash has partnered with 157 industry partners through the 10 GRIP programs established since 2015, providing opportunities for 142 PhD student projects. We will continue to invest in and develop GRIPs, with at least two new programs commencing annually. Through the Australian Postgraduate Research (APR) Intern program, GRIPs and other internship opportunities, we expect that more than 150 Monash PhD students will undertake some form of placement or internship in the coming year. The Monash Enterprise Plan identifies four Strategic Intervention Areas to focus research translation and commercialisation, deepen our collaboration and engagement with industry and increase our ability to innovate: Harnessing Insights: utilising data and intelligence on the external environment to inform decision-making and activity Mobilising around Significant Opportunities: Targeted support to convert opportunities with high strategic or financial potential Professionalising Enterprise at Scale: Professionalising the workforce and providing Monash with the mechanisms and frameworks required to deliver enterprising research Activating the ecosystem: Removing the barriers to engagement between Monash and its external partners to enable greater social and economic impact The Monash Technology Precinct, centred on our ▇▇▇▇▇▇▇ campus, hosts a ▇▇▇▇▇▇▇▇ ▇▇▇▇ of leading research, industry development and commercialisation facilities, including the Australian Synchrotron, the Melbourne Centre for Nanofabrication, Monash Medical Centre, CSIRO, Monash Business Incubator and 27 research platforms encouraging research translation and commercialisation. Combining human capital, industry and academic collaborative partnerships and research infrastructure makes the Monash Technology Precinct Australia’s most diverse, creative and innovative cluster, all of which will drive innovation, economic growth and social impact. A key metric for monitoring success in this area is the Australian Research Council’s Engagement and Impact Assessment (EI), which examines how universities translate their research into economic, environmental, social, cultural and other benefits to encourage greater collaboration between universities and research end-users by assessing engagement and impact. The inaugural EI 2018-19 has awarded Monash the highest score of any Australian university for Engagement activity and the second highest score in the Group of Eight for Approach to Impact. This exceptional record for research translation will gain further momentum through 2020 as Monash Innovation: Facilitates proof of concept funding and commercialisation by utilising the Monash Research Impact Fund; Fosters start-ups based on Monash research through the Generator, the central startup and entrepreneurship hub at Monash University, focused on developing entrepreneurial talent and stimulating startups to launch and grow; and Connects research training to industry with year-on-year increases in invention disclosures since 2014 and a KPI to achieve 140 and secure 40 new license deals, including spinouts in 2020. Monash will also deepen strategic relationships with key investors and strategic partners through major ventures that translate its world class research – including BioCurate, IP Group, Medical Research Commercialisation Fund, Monash Technology Transformation Institute and through core initiatives with industry such as Pfizer Centre for Therapeutic Innovation, ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ Innovation Partnering Office and Woodside Monash Energy Partnership. A structured set of strategies, policies and resources are in place at Monash University to promote open access to research publications and data. Open Access copies of Monash publications and links are captured by the Research Outputs Collections Service as part of normal business, and are added to the University’s Research Portal. This portal is harvested by Trove, Google and Unpaywall to enhance discovery and access. The Library and the Research Outputs Collection Service provide training and advice. There is an information page on Open Access and how it is supported at Monash, as well as additional information on Open Access and its role in research impact. The Copyright Office also provides extensive information on licencing and IP issues related to Open Access. Monash University Publishing has a long-standing policy to make the books that it publishes Open Access, and provides an online listing of these titles, which are the work of both internal and external authors. Postgraduate students are encouraged to make their theses open on acceptance, and these are made available online. Monash has provided an online repository for open research data produced at the University for several years. This repository is openly available, and is indexed by Google, Google Scholar and Research Data Australia to enhance discoverability. All Monash staff and postgraduate students are provided with free accounts on institutional storage to encourage its use. The Library also provides information about open data sources to support data mining and reuse. KEY PERFORMANCE INDICATORS The University aspires to achieve the following research and research training and innovation KPIs in 2020:KPI 2020 Target HDR Load2 3720 HDR Timely Submission Rate3 68% Invention Disclosures4 125 Equity
Appears in 1 contract
Sources: Mission Based Compact
UNIVERSITY RETENTION STRATEGIES. Monash views the success of an institution and its students as inseparable and is committed to promoting and sustaining high levels of student retention, success and completion. To this end, retention is included as a key indicator of our success within the University-wide KPI framework, and significant investment has been made in programs that support students in their studies. Monash has recently launched the University’s inaugural Student Retention Strategy in response to the Higher Education Standards Panel’s (HESP) 2018 report – Improving retention, completion and success in higher education. The document sets out a whole-of institution commitment to, and shared responsibility for, retention, inclusion, partnerships, and fostering a sense of belonging among students. The Student Retention Strategy presents our aspiration to become a model of excellence in retention and to be recognised for the development, implementation, delivery and assessment of innovative programs and services that enhance student access and success, particularly for at-risk students. The Student Retention Strategy comprises three priority areas for further action: 1. Better utilisation of data and predictive analytics to allow for timely and relevant interventions; 2. Strengthening students’ sense of belonging, starting at orientation and continuing throughout their learning journey; and 3. Better understanding the discontinuation experience, including providing students with alternatives to discontinuing. Within these three priorities, ongoing improvement programs have been identified, along with additional actions for improvement. Implementation will be led by the Pro Vice-Chancellor (Academic), with regular monitoring through the University’s senior committees. KEY PERFORMANCE INDICATORS Action plans to deliver on these outcomes are developed annually and monitored for quality and impact through the Education Portfolio, Academic Board, and the Vice-Chancellor’s Executive Committee. The University aspires to achieve the following teaching and learning KPIs in 2020:KPI 2020 Target : Retention1 – Undergraduate 94% Retention – Graduate/Post Graduate 90% ReSEARCH AND RESEARCH TRAINING AND INNOVATION The Focus Monash 2015-2020 strategic plan articulates the following priorities for research, research training and innovation: Develop and recruit high-performing researchers and graduate research students. Focus investment in areas where Monash has or is capable of having impact and research expertise of high international standing. Continue to invest in world-class infrastructure that aligns with Monash research priorities and supports engagement with external research partners. ▇▇▇▇▇▇ research that leverages the breadth and depth of Monash expertise and brings together disciplines to address major research challenges. Identify areas of research collaboration across Monash’s international networks, with particular focus on linkages between higher degree by research students and supervisors. Ensure that all offshore campuses contribute to research performance, leveraging the success of Monash Malaysia which is the most successful branch campus of a university in the world due to its comprehensiveness, research intensity and longevity. Develop institutional research alliances with key university partners. ▇▇▇▇▇▇ an innovation culture and align incentives and internal structures for engagement with external partners. Support the translation of fundamental research to increase its impact. Core strategies to ensure excellence in research and the strengthening of research capability are detailed in the Monash Research Agenda 2020. Refreshed in May 2019, the Research Agenda is the University’s blueprint for improving upon our investigator-led research and ensuring that our research discoveries are translated into genuine and relevant impact. Monash has identified four focus areas for research where its expertise and continued investment will have the most significant impact. These four areas span our established strengths as well as emerging areas of excellence, and provide themes for cross-disciplinary collaboration where Monash can make a transformative contribution on the most pressing societal and planetary challenges of our time: 1. Artificial intelligence and data science; 2. Better governance and policy; 3. Health sciences; and 4. Sustainable development. The Research Agenda sets out 12 actions Monash will undertake to advance its research vision and increase the University’s capacity to deliver excellent, relevant research that positively impacts the world (outlined in the table below):Talented below): Talented faculty: Attract and grow research leaders 1. Support a high-performance culture through effective recruitment, probation, mentoring and promotion processes 2. Support and promote our existing research and professional talent 3. Target investment to support recruitment in research focus areas Talented students: World-leading research education 1. Continue to increase the scale, quality, diversity and international experience of our HDR cohort 2. Build a Monash Doctorial Program second to none 3. Continue to significantly increase our PhD scholarship funding Enterprise connectivity: Enduring partnerships with industry and precinct partners 1. Enhance our commercialisation support, developing researchers and graduate students with enterprising capabilities 2. Ensure our research is translated for impact, including in the development of new industries 3. Develop productive industry relationships leveraging our research capability and key platforms International connectivity: Institutional alliances with key partners 1. Develop and ▇▇▇▇▇▇ our institutional alliances with international priority partners, including through Networks of Excellence 2. Use staff and student exchange to build on key international relationships 3. Support and initiate further international collaborations Excellent research training is a priority for Monash, and through the Monash Doctoral Program (MDP) the University delivers research training programs that focus on the development of quality research and the researcher. Fostering transferrable skills, technical proficiency and opportunities to connect and collaborate with industry and research end-users are core to the MDP. The University reviews its suite of online and face-to-face development programs available to MDP students annually, continually refreshing these to reflect current needs of students and employers. Monash is fostering excellent standards of supervision to support our research training cohort. A review of quality indicators, content and frequency of supervisor development training will be implemented to ensure it reflects the needs of students admitted to our research training courses and programs. We will grow network and collaboration opportunities for our research training students through continued support for international mobility and the ongoing development of international partnerships and joint award programs in Europe, North America and Asia. The University is undertaking further work to enhance admission processes and PhD pathways to attract the highest quality research training students, regardless of their background or circumstances. We will continue to invest in growing participation through programs that support social inclusion, equity and Indigenous students. Monash’s Graduate Research Industry Partner (GRIP) programs are research and co-investment partnerships with industry/research end users to enable business focused research training programs, solving real-world problems and improving graduate employment options through development and placements. GRIPs also facilitate interdisciplinary focus and application as well as collaboration and network connections. Monash has partnered with 157 industry partners through the 10 GRIP programs established since 2015, providing opportunities for 142 PhD student projects. We will continue to invest in and develop GRIPs, with at least two new programs commencing annually. Through the Australian Postgraduate Research (APR) Intern program, GRIPs and other internship opportunities, we expect that more than 150 Monash PhD students will undertake some form of placement or internship in the coming year. The Monash Enterprise Plan identifies four Strategic Intervention Areas to focus research translation and commercialisation, deepen our collaboration and engagement with industry and increase our ability to innovate: 1. Harnessing Insights: utilising data and intelligence on the external environment to inform decision-making and activity 2. Mobilising around Significant Opportunities: Targeted support to convert opportunities with high strategic or financial potential 3. Professionalising Enterprise at Scale: Professionalising the workforce and providing Monash with the mechanisms and frameworks required to deliver enterprising research 4. Activating the ecosystem: Removing the barriers to engagement between Monash and its external partners to enable greater social and economic impact The Monash Technology Precinct, centred on our ▇▇▇▇▇▇▇ campus, hosts a ▇▇▇▇▇▇▇▇ ▇▇▇▇ of leading research, industry development and commercialisation facilities, including the Australian Synchrotron, the Melbourne Centre for Nanofabrication, Monash Medical Centre, CSIRO, Monash Business Incubator and 27 research platforms encouraging research translation and commercialisation. Combining human capital, industry and academic collaborative partnerships and research infrastructure makes the Monash Technology Precinct Australia’s most diverse, creative and innovative cluster, all of which will drive innovation, economic growth and social impact. A key metric for monitoring success in this area is the Australian Research Council’s Engagement and Impact Assessment (EI), which examines how universities translate their research into economic, environmental, social, cultural and other benefits to encourage greater collaboration between universities and research end-users by assessing engagement and impact. The inaugural EI 2018-19 has awarded Monash the highest score of any Australian university for Engagement activity and the second highest score in the Group of Eight for Approach to Impact. This exceptional record for research translation will gain further momentum through 2020 as Monash Innovation: Facilitates proof of concept funding and commercialisation by utilising the Monash Research Impact Fund; Fosters start-ups based on Monash research through the Generator, the central startup and entrepreneurship hub at Monash University, focused on developing entrepreneurial talent and stimulating startups to launch and grow; and Connects research training to industry with year-on-year increases in invention disclosures since 2014 and a KPI to achieve 140 and secure 40 new license deals, including spinouts in 2020. Monash will also deepen strategic relationships with key investors and strategic partners through major ventures that translate its world class research – including BioCurate, IP Group, Medical Research Commercialisation Fund, Monash Technology Transformation Institute and through core initiatives with industry such as Pfizer Centre for Therapeutic Innovation, ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ Innovation Partnering Office and Woodside Monash Energy Partnership. A structured set of strategies, policies and resources are in place at Monash University to promote open access to research publications and data. Open Access copies of Monash publications and links are captured by the Research Outputs Collections Service as part of normal business, and are added to the University’s Research Portal. This portal is harvested by Trove, Google and Unpaywall to enhance discovery and access. The Library and the Research Outputs Collection Service provide training and advice. There is an information page on Open Access and how it is supported at Monash, as well as additional information on Open Access and its role in research impact. The Copyright Office also provides extensive information on licencing and IP issues related to Open Access. Monash University Publishing has a long-standing policy to make the books that it publishes Open Access, and provides an online listing of these titles, which are the work of both internal and external authors. Postgraduate students are encouraged to make their theses open on acceptance, and these are made available online. Monash has provided an online repository for open research data produced at the University for several years. This repository is openly available, and is indexed by Google, Google Scholar and Research Data Australia to enhance discoverability. All Monash staff and postgraduate students are provided with free accounts on institutional storage to encourage its use. The Library also provides information about open data sources to support data mining and reuse. KEY PERFORMANCE INDICATORS The University aspires to achieve the following research and research training and innovation KPIs in 2020:KPI 2020 Target : HDR Load2 3720 HDR Timely Submission Rate3 68% Invention Disclosures4 125 Equity125
Appears in 1 contract
Sources: Mission Based Compact