1. Value creation model
The value creation model illustrates how Radboud University plans to make a meaningful contribution to its students, its staff and the world as a whole. It shows which resources and activities can help us achieve our strategic goals, which together contribute to a healthy, free world with equal opportunities for everyone. The model is built on three pillars: input, activities, and output & results. Together they lead to impact.
Input
Value creation begins and ends with our intellectual capital: the knowledge, methods and other insights we use for good education and research. In addition, we need a superbly equipped (digital) campus with good lecture halls, high-quality research facilities, and equipment and software that makes (online) teaching and assessment possible. We also have staff and students who use their talents and qualities in education and research.
In our networks with relationships and collaboration partners, we can develop, share and apply knowledge in the world around us. These networks and relationships are also important inputs for the education, research and impact activities. Finally, funds are needed to finance the activities: a healthy financial situation makes our organisation future-proof and robust.
Activities
At the heart of the value creation model are our activities. Our strategy, ‘A Significant Impact’, underlines our commitment to be meaningful. We do this through education, research and impact. We support our activities through good governance, risk management and a robust organisation with a clear vision, mission and strategy.
Output and results
The education, research and impact activities convert inputs into various outputs. The outputs are related to the result goals and appear in various places in the form of key figures, referred to in this report as key performance indicators (KPIs). The most notable KPIs can also be found in Radboud University at a glance. The outputs lead to results (outcomes) based on goals derived from our strategy. Because of this direct link to our mission, the result goals form the basis for the annual report. In this way, we contribute to a healthy, free world with equal opportunities for everyone.