FIDIC has launched a new and improved Strategic Plan following consultation with stakeholders. The last Strategic Plan was set in May 2017 and placed FIDIC on a trajectory which involved significant change. This change has already produced positive results; however, it is vital that such momentum is maintained.
FIDIC has not only reflected on the successes of recent years, it has also consulted with member associations and wider stakeholders to develop a new Strategic Plan for 2020-2024.
The consultation undertaken by FIDIC as part of the development of this plan shows that issues continue to arise that are similar to previous years, on committee communication, transparency advocacy and lobbying etc.
The new Strategic Plan demonstrates FIDIC’s corporate and governance commitment to itself, its members and stakeholders and importantly sets expectations for its activities.
The plan will for the first time place a greater emphasis on FIDIC’s priorities, with goals and outcomes and their effects on industry, member associations and wider industry all considered.
The new 2020-2024 Strategic Plan takes an outcome-based approach and, following consultation, FIDIC has developed ten headline areas as follows:
- Service delivery
- Secretariat and regionalisation
- Integrity
- Contracts
- Credentialing
- FCCE and China
- Sustainability
- Technology
- Quality
- CEO Club and advocacy
Across each of these headline areas, FIDIC has defined five key goals, which are then considered against the following benchmarks: -
- The main actors they affect (FIDIC, the industry and member associations)
- FIDIC’s main priorities (if goals do not meet our overarching priorities such activity should be reassessed)
- Current performance (provides a view on FIDIC’s current activity)
- Timeline and targets (outlines timelines and ambitions over the Strategic Plan)
An online e-booklet of the main plan can be seen below and PDF downloads are available for the full plan, a bite size summary and FIDIC goals at a glance and all of the supporting appendices.
Finally, i would like to take this oppertunity to thanks the FIDIC board and all those involved in the development of the new FIDIC Strategic Plan which will help to drive FIDIC forward in the next 5 years.
FIDIC Strategic Plan
This document is the core of the Strategic Plan, it summarises FIDICs activity the results from the various appendices and the goals and approach from FIDIC going forward.
The plan includes a summary of the ten key areas identified and the 5 goals that FIDIC has set in these areas, including its ambition, targets and current performance.
APPENDIX - FIDIC Strategic Plan - Review of 2017 plan
This appendix looks back at the 2017 Strategic plan and outlines what has been achieved since then
APPENDIX - FIDIC Strategic Plan - financial projections
This appendix reflects on the events of the current year but also considers the financial implications going forward. This is especially important as part of this Strategic Plan given the recent Covid-19 pandemic.
As such we consider the various scenarios that could occur and the affect this could have on FIDICs finances and its activity.
APPENDIX - FIDIC Strategic Plan - Plan consultation
This appendix provides a summary of the consultation that occurred with members and wider stakeholders as part of the Strategic Plan.
Consultation included online surveys, independent telephone interviews board consultation and internal mind mapping sessions.
APPENDIX - FIDIC Strategic Plan - Priorities and goals review
This appendix goes through all of the goals and describes why they are important not only for FIDIC but also member associations and wider industry.