Professor Nick Plant Dean of Research Quality and Impact January 2018 Why does impact matter? Professor Nick Plant Dean of Research Quality and Impact January 2018

? Background Knowledge Education Exchange Research Three missions central to a University Measured by three exercises Useful for (a) ranking, (b) demonstrating value for money, and (c) driving excellence Knowledge Exchange Education Research ?

Background - REF REF replaced RAE as the main UK-wide research assessment exercise Approximately 6-year cycle Feeds into league tables Generates approx. £30M QR (quality related) funding p.a. Generates considerably more indirectly

What will be assessed in REF2021? Impact An effect on, change or benefit beyond academia Economy, society, culture, public policy or services, health, the environment or quality of life Timeframe: 2000-2014-2021 Number : 1 per 15FTE Outputs 60% Impact 25% Environment 15% Planes and wind: MET wind gust prediction, saved five flight diversions per year at an estimated cost saving of £1.25 million at Mount Pleasant Airport in the Falkland Islands. Avacta reported revenue of over £3 million in 2012 and employs 70 staff. +5% Impact template -5%

Are we any good at impact? Impact was strong in our REF2014 submissions REF2021 staff profile is based on ACAD number in IRIS and division by UoA dependent on mapping to REF2014 submissions MAX delta – UoA1 Clinical Medicine (77FTE) MAX 2014/21 – UoA1 Clinical Medicine (91/168FTE) Delta 2014 vs 2021 funding scheme is ~£272K p.a. (i.e. less than 1% of total QR funding) Incomes based on 2015/16 figures from HEFCE. REF2021 prediction presumes no change in the funding algorithm/amount, and just reflects the change in weighting between REF2014 and REF2021 We have breadth and depth – we submitted to the largest number of UoAs from the Russell Group

Does it matter if we are good at impact? For REF each impact case study determines Considerable QR funding Equates to a good number of outputs of the same rating Comparing value of outputs to impact in REF2014 (REF2021 estimate) MAX = 7.6 (~13) AVERAGE = 4.6 (~8) They are also visible signs of how we shape the world And they give us great job satisfaction

not the other way around So is it all about REF? Impact drives REF not the other way around Knowledge Exchange Education Impact Research