CAC Strategic Update 22 February 2018 David R. Bobbitt, MSc, MBA President and CEO
Goals 2017 1 2 3 4 5 Build a customer-centric Culture. Generate greater member value. Ensure sustainability of CDISC Standards. Optimize standards development and release process. Lay the foundation for a CDISC 2.0 Vision.
Unaudited Preliminary Financials (in KUSD) Dec-17 16-Dec Change Total Assets $4,129 $3,702 11.5% Revenue Highlights Education 1,827 1,874 -2% Events 935 794 18% Membership 3,535 3,508 1% Member count 426 450 5% Gross Income $7,919 $7,505 6% Total expenses $7,758 $7,372 Net income $161 $133 21%
2018 Budget Highlights No increase in member fees (1,2) CDISC SHARE 1.0 API becomes a benefit of Platinum membership (2) Continued education benefits for all members (1,2,3) China Interchange and outreach (3,5) Funds to begin planning and implementing “CDISC Certification” (1,2,3,5) All foundational standards teams staffed (1,2,4) Funds for re-branding CDISC (3,5)
Sustainability 21% > 10%
Goals 2017 1 2 3 4 5 Build a customer-centric Culture. Generate greater member value. Ensure sustainability of CDISC Standards. Optimize standards development and release process. Lay the foundation for a CDISC 2.0 Vision.
Blue Ribbon Commission ~32 Commissioners confirmed Co-Chairs confirmed: Joyce Sensmeier and Dr Rob Califf Strengths: Pharmas; CROs; Japan, China, Europe and North America representation; EMA; US FDA; PDMA; AMED; US NIH; academia Goal remains to start meeting in March
Timeline for Blue Ribbon Commission Board approves Strategic Plan. July 2017 Draft charge document. Outreach to regulators. October 2017 Board empanels Commission and selects Chairs. November 2017 Invitations to Commissioners. Jan-Feb 2017 Final Commissioner selection February 2018 Blue Ribbon Commission officially begins meeting regularly. Late March, Early April 2018 Commission reports to BoD. Public comment period. October 2018 New Three-Year Strategic Plan December 2018
Chief Standards Officer Selection Process Search firm has screened ~12 candidates Selection committee will meet March 26 in DC area with 3-4 finalists Selection Committee of 8 includes Board members and staff Would love to have the final candidate in place before 1 June 2018