503
Figure 11. Linking environmental forecast information with decision support tool sets and
critical infrastructure needs lists contributes to the successful deployment of disaster relief
14.
Business case considerations
While it is important to stress the scientific design, observational
strategy, data assimilation and distribution scheme and delivery mechanisms
to users, it is of equal importance to consider the Business plans for the
overall operation and management of such a system. Businesses will not
incorporate the environmental information into their decision making if they
think that the information may not be sustained. Thus there is a pressing
need to demonstrate that the information will be available long term or
operationally. A credible business plan for the long term financial strategy to
sustain the observing system must be developed and may include traditional
funding sources such as science and technology agencies as well as less
conventional sources such as more applied agencies and ministries, business
councils, the private sector and even venture capital. New studies showing
are focusing on this topic. Legacy planning must start now and all of the
potential investment partners must be invited to the table in the beginning.
There are many models in existence to determine the appropriate course of
action. Technology transition and commercialization strategies may shed
emergency operations, in this case for the restoration of essential services (power) to hospitals.
the changing nature of R&D funding (i.e., Mullin), show that many projects
OCEAN FORECAST FOR ECONOMIC ADVANCEMENT
Figure 11. Linking environmental forecast information with decision support tool sets and
critical infrastructure needs lists contributes to the successful deployment of disaster relief
14.
Business case considerations
While it is important to stress the scientific design, observational
strategy, data assimilation and distribution scheme and delivery mechanisms
to users, it is of equal importance to consider the Business plans for the
overall operation and management of such a system. Businesses will not
incorporate the environmental information into their decision making if they
think that the information may not be sustained. Thus there is a pressing
need to demonstrate that the information will be available long term or
operationally. A credible business plan for the long term financial strategy to
sustain the observing system must be developed and may include traditional
funding sources such as science and technology agencies as well as less
conventional sources such as more applied agencies and ministries, business
councils, the private sector and even venture capital. New studies showing
are focusing on this topic. Legacy planning must start now and all of the
potential investment partners must be invited to the table in the beginning.
There are many models in existence to determine the appropriate course of
action. Technology transition and commercialization strategies may shed
emergency operations, in this case for the restoration of essential services (power) to hospitals.
the changing nature of R&D funding (i.e., Mullin), show that many projects
OCEAN FORECAST FOR ECONOMIC ADVANCEMENT