You are on page 1of 32

Foreword

7KHQHZFRQFHSWRI³QDWLRQDOLQWHOOLJHQFH´FRGLILHGE\WKH,QWHOOLJHQFH
5HIRUPDQG7HUURULVP3UHYHQWLRQ$FWSDVVHGE\&RQJUHVVLQKDVLWV
RULJLQVLQWKHWUDJHG\RI6HSWHPEHUDQG3UHVLGHQW%XVK¶V1DWLRQDO
6HFXULW\6WUDWHJ\RIWKH8QLWHG6WDWHVRI$PHULFD7KH3UHVLGHQWVLJQHGWKH
QHZODZZLWKWKHH[SHFWDWLRQWKDW³RXUYDVWLQWHOOLJHQFHHQWHUSULVHZLOO
EHFRPHPRUHXQLILHGFRRUGLQDWHGDQGHIIHFWLYH´2XUFKDUJHLVFOHDU

‡ ,QWHJUDWHWKHGRPHVWLFDQGIRUHLJQGLPHQVLRQVRI86LQWHOOLJHQFHVRWKDW
WKHUHDUHQRJDSVLQRXUXQGHUVWDQGLQJRIWKUHDWVWRRXUQDWLRQDOVHFXULW\

‡ %ULQJPRUHGHSWKDQGDFFXUDF\WRLQWHOOLJHQFHDQDO\VLVDQG

‡ (QVXUHWKDW86LQWHOOLJHQFHUHVRXUFHVJHQHUDWHIXWXUHFDSDELOLWLHVDVZHOO
DVSUHVHQWUHVXOWV

,PSOLFLWLQHDFKRIWKHVHWDVNVLVWKHDVVXPSWLRQWKDWWKLVQHZDSSURDFKWR
³QDWLRQDOLQWHOOLJHQFH´UHSUHVHQWVDIDUUHDFKLQJUHIRUPRISUHYLRXV
LQWHOOLJHQFHSUDFWLFHVDQGDUUDQJHPHQWV1DWLRQDOLQWHOOLJHQFHPXVWEH
FROODERUDWLYHSHQHWUDWLQJREMHFWLYHDQGIDUVLJKWHG,WPXVWUHFRJQL]HWKDWLWV
YDULRXVLQVWLWXWLRQDOFXOWXUHVGHYHORSHGDVWKH\GLGIRUJRRGUHDVRQVZKLOH
DFFHSWLQJWKHIDFWWKDWDOOFXOWXUHVHLWKHUHYROYHRUH[SLUHDQGWKHWLPHKDV
FRPHIRURXUGRPHVWLFDQGIRUHLJQLQWHOOLJHQFHFXOWXUHVWRJURZVWURQJHUE\
JURZLQJWRJHWKHU

86QDWLRQDOLQWHOOLJHQFHPXVWEHWDLORUHGWRWKHWKUHDWVRIWKHVWFHQWXU\
ZKLFKVHOGRPFRQIRUPWRWKHWUDGLWLRQDOSURILOHVRIKRVWLOHVWDWHVDQGDOOLDQFHV
$GYHUVDULDOVWDWHVKDYHOHDUQHGWRPDVNWKHLULQWHQWLRQVDQGFDSDELOLWLHVZKLOH 7KLVQHZDSSURDFKWR
WHUURULVWVDQGRWKHUQRQVWDWHDFWRUVXVHFRPPRQSODFHWHFKQRORJLHVWRERRVW ³QDWLRQDO
WKHLUVWULNLQJSRZHUDQGHQKDQFHWKHLUHOXVLYHQHVV LQWHOOLJHQFH´
UHSUHVHQWVDIDU
UHDFKLQJUHIRUPRI
7KHILUVWRUGHURIEXVLQHVVIRU86QDWLRQDOLQWHOOLJHQFHWKHUHIRUHLVWRLQIRUP
SUHYLRXVLQWHOOLJHQFH
DQGZDUQWKH3UHVLGHQWWKH&DELQHWWKH&RQJUHVVWKH-RLQW&KLHIVRI6WDIIDQG
SUDFWLFHVDQG
FRPPDQGHUVLQWKHILHOGGRPHVWLFODZHQIRUFHPHQWDQGKRPHODQGVHFXULW\
DUUDQJHPHQWV
DXWKRULWLHVLQWKHKHDUWODQGDQGRXULQWHUQDWLRQDODOOLHV,QWKLVVHQVHDV
3UHVLGHQW%XVKKDVVDLGLQWHOOLJHQFHLV$PHULFD¶VILUVWOLQHRIGHIHQVHLQ
VHUYLFHWRRXUSHRSOHRXULQWHUHVWVRXUYDOXHVDQGRXU&RQVWLWXWLRQ%XWHYHQ
WKRXJKWKHIXWXUHKROGVGDQJHURXVFKDOOHQJHVERWKZLWKLQRXUERUGHUVDQG
EH\RQGLWDOVRSUHVHQWVXVZLWKRSSRUWXQLWLHVWRVXSSRUWWKHVSUHDGRIIUHHGRP
KXPDQULJKWVHFRQRPLFJURZWKDQGILQDQFLDOVWDELOLW\DQGWKHUXOHRIODZ:H
PXVWLGHQWLI\WKHVHRSSRUWXQLWLHVIRUGHPRFUDWLFWUDQVIRUPDWLRQEHFDXVH

1
DXWRFUDWLFDQGIDLOHGVWDWHVDUHEUHHGLQJJURXQGVRILQWHUQDWLRQDOLQVWDELOLW\
YLROHQFHDQGPLVHU\)RU86QDWLRQDOVHFXULW\GHPRFUDF\LVWKHVWRXWHVWSLOODU
7KLVVWUDWHJ\WKHUHIRUH RIVXSSRUW,QWHOOLJHQFHFDQDQGVKRXOGEHXVHGWRDLGGLSORPDF\LQIOXHQFH
DFFHSWVULVNDV SRWHQWLDODGYHUVDULHVSULRUWRFULVHVKHOSPDNHZDUDQLQVWUXPHQWRIODVWUHVRUW
LQWHOOLJHQFH¶VQDWXUDO DQGHQVXUHYLFWRU\LQWKHHYHQWWKDWFRQIOLFWLVXQDYRLGDEOH
DQGSHUPDQHQWILHOGRI
DFWLRQDQGLVEDVHGRQ $WLWVFRUHWKLV1DWLRQDO,QWHOOLJHQFH6WUDWHJ\FDSLWDOL]HVRQWKHH[WUDRUGLQDU\
WKHSURSRVLWLRQWKDWWR WDOHQWVDQGSDWULRWLVPRI$PHULFD¶VGLYHUVHLQWHOOLJHQFHSURIHVVLRQDOVWKRVH
SUHVHUYHRXUVHFXULW\ VHUYLQJWRGD\DQGWKRVHMRLQLQJXVWRPRUURZ7KLVVWUDWHJ\DOVRUHOLHVRQRXU
LQDGDQJHURXV QDWLRQ¶VWUDGLWLRQRIWHDPZRUNDQGWHFKQRORJLFDOLQQRYDWLRQWRLQWHJUDWHWKH
FHQWXU\YLJLODQFHLV ZRUNRIRXUGLVWLQFWFRPSRQHQWVLQWRFROODERUDWLYHVXFFHVV,WVHWVIRUWKWZR
QRWHQRXJK NLQGVRIVWUDWHJLFREMHFWLYHV²PLVVLRQDQGHQWHUSULVH²DQGFDOOVIRUSODQVWKDW
UHFRJQL]HHDFK,QWHOOLJHQFH&RPPXQLW\PHPEHU¶VFRUHVWUHQJWKVDQG
FRPSHWHQFLHVDQGDUHZULWWHQLQFRQVXOWDWLRQZLWKWKHUHOHYDQWGHSDUWPHQWVDQG
DJHQFLHV)LQDOO\LWVWDWHVWKHLPSRUWDQFHRILQVWLWXWLQJPHWKRGVRIVHOI
HYDOXDWLRQWRHQVXUHWKDWWKH,QWHOOLJHQFH&RPPXQLW\PHHWVGHFLVLRQPDNHUV¶
QHHGVDQGXSKROGVWKHUXOHRIODZ7KHHPSKDVLVSODFHGKHUHRQQDWLRQDO
LQWHOOLJHQFHUHIOHFWVDFKDQJHLQWKHWKUHDWVZHIDFHDVDQDWLRQQRWDFKDQJHLQ
RXUFRPPLWPHQWWRFLYLOOLEHUWLHVDQGIUHHGRP

$VWUDWHJ\LVDVWDWHPHQWRIIXQGDPHQWDOYDOXHVKLJKHVWSULRULWLHVDQG
RULHQWDWLRQWRZDUGWKHIXWXUHEXWLWLVDQDFWLRQGRFXPHQWDVZHOO)RU86
QDWLRQDOLQWHOOLJHQFHWKHWLPHIRUFKDQJHLVQRZ7KHUHDUHQRHDV\DQVZHUVWR
WKHULVNVFRQWHPSODWHGKHUHRUWKHULVNVWKDWPLJKWHPHUJH7KLVVWUDWHJ\
WKHUHIRUHDFFHSWVULVNDVLQWHOOLJHQFH¶VQDWXUDODQGSHUPDQHQWILHOGRIDFWLRQ
DQGLVEDVHGRQWKHSURSRVLWLRQWKDWWRSUHVHUYHRXUVHFXULW\LQDGDQJHURXV
FHQWXU\YLJLODQFHLVQRWHQRXJK86QDWLRQDOLQWHOOLJHQFHPXVWGRPRUH

-RKQ'1HJURSRQWH
'LUHFWRURI1DWLRQDO,QWHOOLJHQFH

2
The National Intelligence Strategy
of the United States of America
2XU9LVLRQ²:KDWZHZLOOEHFRPH
$XQLILHGHQWHUSULVHRILQQRYDWLYHLQWHOOLJHQFHSURIHVVLRQDOVZKRVHFRPPRQ
SXUSRVHLQGHIHQGLQJ$PHULFDQOLYHVDQGLQWHUHVWVDQGDGYDQFLQJ$PHULFDQ
YDOXHVGUDZVVWUHQJWKIURPRXUGHPRFUDWLFLQVWLWXWLRQVGLYHUVLW\DQG
LQWHOOHFWXDODQGWHFKQRORJLFDOSURZHVV

2XU0LVVLRQ²:KDWZHPXVWGR
‡ &ROOHFWDQDO\]HDQGGLVVHPLQDWHDFFXUDWHWLPHO\DQGREMHFWLYH
LQWHOOLJHQFHLQGHSHQGHQWRISROLWLFDOFRQVLGHUDWLRQVWRWKH3UHVLGHQWDQG 2XUVWUDWHJ\LVWR
DOOZKRPDNHDQGLPSOHPHQW86QDWLRQDOVHFXULW\SROLF\ILJKWRXUZDUV LQWHJUDWHWKURXJK
SURWHFWRXUQDWLRQDQGHQIRUFHRXUODZV LQWHOOLJHQFHSROLF\
GRFWULQHDQG
‡ &RQGXFWWKH86JRYHUQPHQW¶VQDWLRQDOLQWHOOLJHQFHSURJUDPDQGVSHFLDO WHFKQRORJ\WKH
DFWLYLWLHVDVGLUHFWHGE\WKH3UHVLGHQW GLIIHUHQWHQWHUSULVHVRI
WKH,QWHOOLJHQFH
‡ 7UDQVIRUPRXUFDSDELOLWLHVLQRUGHUWRVWD\DKHDGRIHYROYLQJWKUHDWVWRWKH &RPPXQLW\
8QLWHG6WDWHVH[SORLWLQJULVNZKLOHUHFRJQL]LQJWKHLPSRVVLELOLW\RI
HOLPLQDWLQJLW

‡ 'HSOR\HIIHFWLYHFRXQWHULQWHOOLJHQFHPHDVXUHVWKDWHQKDQFHDQGSURWHFW
RXUDFWLYLWLHVWRHQVXUHWKHLQWHJULW\RIWKHLQWHOOLJHQFHV\VWHPRXU
WHFKQRORJ\RXUDUPHGIRUFHVDQGRXUJRYHUQPHQW¶VGHFLVLRQSURFHVVHV

‡ 3HUIRUPRXUGXWLHVXQGHUODZLQDPDQQHUWKDWUHVSHFWVWKHFLYLOOLEHUWLHV
DQGSULYDF\RIDOO$PHULFDQV

2XU6WUDWHJ\²+RZZHZLOOVXFFHHG
7KHVWDNHVIRU$PHULFDLQWKHVWFHQWXU\GHPDQGWKDWZHEHPRUHDJLOHDQG
UHVRXUFHIXOWKDQRXUDGYHUVDULHV2XUVWUDWHJ\LVWRLQWHJUDWHWKURXJK
LQWHOOLJHQFHSROLF\GRFWULQHDQGWHFKQRORJ\WKHGLIIHUHQWHQWHUSULVHVRIWKH
,QWHOOLJHQFH&RPPXQLW\,WHQFRPSDVVHVFXUUHQWLQWHOOLJHQFHDFWLYLWLHVDVZHOO
DVIXWXUHFDSDELOLWLHVWRHQVXUHWKDWZHDUHPRUHHIIHFWLYHLQWKH\HDUVDKHDG
WKDQZHDUHWRGD\7KHILIWHHQVWUDWHJLFREMHFWLYHVRXWOLQHGLQWKLVVWUDWHJ\FDQ
EHGLIIHUHQWLDWHGDVPLVVLRQREMHFWLYHVDQGHQWHUSULVHREMHFWLYHV

3
0LVVLRQREMHFWLYHVUHODWHWRRXUHIIRUWVWRSUHGLFWSHQHWUDWHDQGSUHHPSW
WKUHDWVWRRXUQDWLRQDOVHFXULW\DQGWRDVVLVWDOOZKRPDNHDQGLPSOHPHQW86
7UDQVIRUPDWLRQRI QDWLRQDOVHFXULW\SROLF\ILJKWRXUZDUVSURWHFWRXUQDWLRQDQGHQIRUFHRXU
WKH,QWHOOLJHQFH ODZVLQWKHLPSOHPHQWDWLRQRIQDWLRQDOSROLF\JRDOV
&RPPXQLW\ZLOO
EHGULYHQE\WKH (QWHUSULVHREMHFWLYHVUHODWHWRRXUFDSDFLW\WRPDLQWDLQFRPSHWLWLYH
GRFWULQDOSULQFLSOH DGYDQWDJHVRYHUVWDWHVDQGIRUFHVWKDWWKUHDWHQWKHVHFXULW\RIRXUQDWLRQ
RILQWHJUDWLRQ
7UDQVIRUPDWLRQRIWKH,QWHOOLJHQFH&RPPXQLW\ZLOOEHGULYHQE\WKHGRFWULQDO
SULQFLSOHRILQWHJUDWLRQ2XUWUDQVIRUPDWLRQZLOOEHFHQWHUHGRQDKLJK
SHUIRUPLQJLQWHOOLJHQFHZRUNIRUFHWKDWLV

‡ 5HVXOWVIRFXVHG
‡ &ROODERUDWLYH
‡ %ROG
‡ )XWXUHRULHQWHG
‡ 6HOIHYDOXDWLQJ
‡ ,QQRYDWLYH

7KHVHVL[FKDUDFWHULVWLFVDUHLQWHUGHSHQGHQWDQGPXWXDOO\UHLQIRUFLQJ7KH\
ZLOOVKDSHRXULQWHUQDOSROLFLHVSURJUDPVLQVWLWXWLRQVDQGWHFKQRORJLHV

6WUDWHJLF2EMHFWLYHV
0LVVLRQ2EMHFWLYHV7RSURYLGHDFFXUDWHDQGWLPHO\LQWHOOLJHQFHDQGFRQGXFW
LQWHOOLJHQFHSURJUDPVDQGDFWLYLWLHVGLUHFWHGE\WKH3UHVLGHQWZHPXVWVXSSRUW
WKHIROORZLQJREMHFWLYHVGUDZQIURPWKH1DWLRQDO6HFXULW\6WUDWHJ\

 'HIHDWWHUURULVWVDWKRPHDQGDEURDGE\GLVDUPLQJWKHLURSHUDWLRQDO
FDSDELOLWLHVDQGVHL]LQJWKHLQLWLDWLYHIURPWKHPE\SURPRWLQJWKHJURZWK
RIIUHHGRPDQGGHPRFUDF\
 3UHYHQWDQGFRXQWHUWKHVSUHDGRIZHDSRQVRIPDVVGHVWUXFWLRQ
 %ROVWHUWKHJURZWKRIGHPRFUDF\DQGVXVWDLQSHDFHIXOGHPRFUDWLFVWDWHV
 'HYHORSLQQRYDWLYHZD\VWRSHQHWUDWHDQGDQDO\]HWKHPRVWGLIILFXOW
WDUJHWV
 $QWLFLSDWHGHYHORSPHQWVRIVWUDWHJLFFRQFHUQDQGLGHQWLI\RSSRUWXQLWLHVDV
ZHOODVYXOQHUDELOLWLHVIRUGHFLVLRQPDNHUV

4
(QWHUSULVH2EMHFWLYHV7RWUDQVIRUPRXUFDSDELOLWLHVIDVWHUWKDQWKUHDWV
HPHUJHSURWHFWZKDWQHHGVWREHSURWHFWHGDQGSHUIRUPRXUGXWLHVDFFRUGLQJ
WRWKHODZZHPXVW

 %XLOGDQLQWHJUDWHGLQWHOOLJHQFHFDSDELOLW\WRDGGUHVVWKUHDWVWRWKH
KRPHODQGFRQVLVWHQWZLWK86ODZVDQGWKHSURWHFWLRQRISULYDF\DQGFLYLO
OLEHUWLHV
 6WUHQJWKHQDQDO\WLFH[SHUWLVHPHWKRGVDQGSUDFWLFHVWDSH[SHUWLVH
ZKHUHYHULWUHVLGHVDQGH[SORUHDOWHUQDWLYHDQDO\WLFYLHZV
 5HEDODQFHLQWHJUDWHDQGRSWLPL]HFROOHFWLRQFDSDELOLWLHVWRPHHWFXUUHQW
DQGIXWXUHFXVWRPHUDQGDQDO\WLFSULRULWLHV
 $WWUDFWHQJDJHDQGXQLI\DQLQQRYDWLYHDQGUHVXOWVIRFXVHG,QWHOOLJHQFH
&RPPXQLW\ZRUNIRUFH
 (QVXUHWKDW,QWHOOLJHQFH&RPPXQLW\PHPEHUVDQGFXVWRPHUVFDQDFFHVV
WKHLQWHOOLJHQFHWKH\QHHGZKHQWKH\QHHGLW
 (VWDEOLVKQHZDQGVWUHQJWKHQH[LVWLQJIRUHLJQLQWHOOLJHQFHUHODWLRQVKLSVWR
KHOSXVPHHWJOREDOVHFXULW\FKDOOHQJHV
 &UHDWHFOHDUXQLIRUPVHFXULW\SUDFWLFHVDQGUXOHVWKDWDOORZXVWRZRUN
WRJHWKHUSURWHFWRXUQDWLRQ¶VVHFUHWVDQGHQDEOHDJJUHVVLYH
FRXQWHULQWHOOLJHQFHDFWLYLWLHV
 ([SORLWSDWKEUHDNLQJVFLHQWLILFDQGUHVHDUFKDGYDQFHVWKDWZLOOHQDEOHXV
WRPDLQWDLQDQGH[WHQGLQWHOOLJHQFHDGYDQWDJHVDJDLQVWHPHUJLQJWKUHDWV
 /HDUQIURPRXUVXFFHVVHVDQGPLVWDNHVWRDQWLFLSDWHDQGEHUHDG\IRUQHZ
FKDOOHQJHV
 (OLPLQDWHUHGXQGDQF\DQGSURJUDPVWKDWDGGOLWWOHRUQRYDOXHDQG
UHGLUHFWVDYLQJVWRH[LVWLQJDQGHPHUJLQJQDWLRQDOVHFXULW\SULRULWLHV

5
Strategy Guidance
0LVVLRQ2EMHFWLYHV

 'HIHDWWHUURULVWVDWKRPHDQGDEURDGE\GLVDUPLQJWKHLURSHUDWLRQDO
FDSDELOLWLHVDQGVHL]LQJWKHLQLWLDWLYHIURPWKHPE\SURPRWLQJWKHJURZWK
RIIUHHGRPDQGGHPRFUDF\

7KH8QLWHG6WDWHVLVILJKWLQJDZDUDJDLQVWWHUURULQZKLFKRXUILUVWSULRULW\LV
WRLGHQWLI\GLVUXSWDQGGHVWUR\WHUURULVWRUJDQL]DWLRQVRIJOREDOUHDFKDQG
DWWDFNWKHLUOHDGHUVKLSWKHLUFRPPDQGFRQWURODQGFRPPXQLFDWLRQVDQGWKHLU
PDWHULDOVXSSRUWDQGILQDQFHV,QWHOOLJHQFH&RPPXQLW\HIIRUWVWKHUHIRUHPXVW

‡ ,QWHJUDWHDQGLQYLJRUDWHDOO86LQWHOOLJHQFHHIIRUWVWRLGHQWLI\DQGGLVUXSW
WHUURULVWRUJDQL]DWLRQVDEURDGDQGZLWKLQ86ERUGHUV

‡ 8QFRYHUWHUURULVWSODQVDQGLQWHQWLRQVHVSHFLDOO\WKRVHWKDWPD\LQYROYH
REWDLQLQJRUXVLQJZHDSRQVRIPDVVGHVWUXFWLRQ

‡ 'HQ\WHUURULVWVRSHUDWLRQDOKDYHQVDQFWXDU\DQGSROLWLFDOOHJLWLPDF\E\
VXSSRUWLQJGHPRFUDWL]DWLRQDQGWKHUXOHRIODZLQYXOQHUDEOHDUHDV

‡ (QDEOHWKRVHRXWVLGHWKH,QWHOOLJHQFH&RPPXQLW\ZLWKYDOXDEOH
FRXQWHUWHUURULVPLQIRUPDWLRQ VXFKDVSROLFHFRUUHFWLRQVRIILFHUVDQG
ERUGHUSDWURORIILFHUV WRFRQWULEXWHWRWKHQDWLRQDOFRXQWHUWHUURULVPHIIRUW

‡ Create an information sharing environment in which access to terrorism


information is matched to the roles, responsibilities, and missions of all
organizations engaged in countering terrorism, and is timely, accessible,
and relevant to their needs.

7KH'LUHFWRURIWKH1DWLRQDO&RXQWHUWHUURULVP&HQWHUZLOOGHYHORSD
FRPSUHKHQVLYHQDWLRQDOLQWHOOLJHQFHSODQIRUVXSSRUWLQJWKHQDWLRQ¶VZDURQ
WHUURU7KHSODQZLOOLGHQWLI\WKHUROHVDQGUHVSRQVLELOLWLHVRIHDFKPHPEHURI
WKH,QWHOOLJHQFH&RPPXQLW\LQYROYHGLQVXSSRUWLQJRXUQDWLRQDO
FRXQWHUWHUURULVPHIIRUWVLQFOXGLQJWKHLUUHODWLRQVKLSVZLWKODZHQIRUFHPHQW
DQGKRPHODQGVHFXULW\DXWKRULWLHV7he Program Manager, Information
Sharing Environment ,will ensure the information needs of federal, state, local,
and tribal governments and the private sector are identified and satisfied.

6
 3UHYHQWDQGFRXQWHUWKHVSUHDGRIZHDSRQVRIPDVVGHVWUXFWLRQ

7KHFRPSUHKHQVLYHVWUDWHJ\RIWKH86JRYHUQPHQWWRFRPEDWZHDSRQVRI
PDVVGHVWUXFWLRQLQFOXGHVSURDFWLYHFRXQWHUSUROLIHUDWLRQHIIRUWVVWUHQJWKHQHG
QRQSUROLIHUDWLRQHIIRUWVWRSUHYHQWURJXHVWDWHVDQGWHUURULVWVIURPDFTXLULQJ
WKHVHWHFKQRORJLHVDQGHIIHFWLYHFRQVHTXHQFHPDQDJHPHQWWRUHVSRQGWRWKH
HIIHFWVRIWKHLUXVH²ZKHWKHUE\WHUURULVWVRUKRVWLOHVWDWHV

$VWKH:0'&RPPLVVLRQVWDWHGLQLWV0DUFKUHSRUW³7KHUHLVQRVLQJOH
VWUDWHJ\WKH,QWHOOLJHQFH&RPPXQLW\FDQSXUVXHWRFRXQWHUWKHµSUROLIHUDWLRQ¶
PHQDFH´5DWKHUHDFKGHVWUXFWLYHFDSDELOLW\²ELRORJLFDOQXFOHDUFKHPLFDO
UDGLRORJLFDORURWKHUZLVH²ZLOOUHTXLUHXQLTXHDQGIRFXVHGDSSURDFKHVWR
FRPEDWLQJWKHLUXVH7RWKLVHQG,QWHOOLJHQFH&RPPXQLW\HIIRUWVPXVW

‡ )RFXVDJJUHVVLYHDQGLQQRYDWLYHFROOHFWLRQWHFKQLTXHVWRFORVHNQRZOHGJH
JDSVUHODWHGWRWKHVHWHFKQRORJLHVDQGDVVRFLDWHGZHDSRQVSURJUDPV
SDUWLFXODUO\LQWKHDUHDRIELRWHUURULVPWRLGHQWLI\WKHPHWKRGVRI
FRQYH\DQFHDQGWRSUHYHQWWKHPIURPUHDFKLQJRXUVKRUHV

‡ 5HDFKRXWVLGHWKH,QWHOOLJHQFH&RPPXQLW\IRULQIRUPDWLRQDQGH[SHUWLVH
UHOHYDQWWRWKHVHWHFKQRORJLHV

‡ ,QWHJUDWHWKHDQDO\WLFHIIRUWZLWKLQWKH,QWHOOLJHQFH&RPPXQLW\XQGHUWKH
OHDGHUVKLSRIWKH1DWLRQDO&RXQWHU3UROLIHUDWLRQ&HQWHUE\GUDZLQJXSRQ
WKHXQLTXHH[SHUWLVHDQGFRPSDUDWLYHDGYDQWDJHVRIHDFK,QWHOOLJHQFH
&RPPXQLW\RUJDQL]DWLRQ

‡ :RUNFORVHO\ZLWKIRUHLJQLQWHOOLJHQFHVHUYLFHVWRIRUPDFRPPRQ
DVVHVVPHQWRIWKUHDWVDQGGHYHORSHIIHFWLYHRSWLRQVLQUHVSRQVH

‡ (QVXUHWKDWZHDSRQVRIPDVVGHVWUXFWLRQLQWHOOLJHQFHLQIRUPDWLRQLV (DFKGHVWUXFWLYH
FRXSOHGZLWKSURWHFWLYHFRXQWHUPHDVXUHVLQIRUPDWLRQDQGGLVVHPLQDWHGWR FDSDELOLW\ELRORJLFDO
DOOZKRILJKWRXUZDUVSURWHFWRXUQDWLRQDQGHQIRUFHRXUODZV QXFOHDUFKHPLFDO
UDGLRORJLFDORU
RWKHUZLVHZLOO
7KH'LUHFWRURIWKH1DWLRQDO&RXQWHU3UROLIHUDWLRQ&HQWHUZLOOGHYHORSD
UHTXLUHXQLTXHDQG
FRPSUHKHQVLYHQDWLRQDOLQWHOOLJHQFHSODQIRUVXSSRUWLQJWKHQDWLRQ¶VHIIRUWVWR
IRFXVHGDSSURDFKHVWR
SUHYHQWDQGFRXQWHUWKHGHYHORSPHQWDQGSUROLIHUDWLRQRIZHDSRQVRIPDVV
FRPEDWLQJWKHLUXVH
GHVWUXFWLRQ7KHSODQZLOOLGHQWLI\WKHUROHVDQGUHVSRQVLELOLWLHVRIHDFK
PHPEHURIWKH,QWHOOLJHQFH&RPPXQLW\LQFOXGLQJWKHLUUHODWLRQVKLSVZLWKODZ
HQIRUFHPHQWDQGKRPHODQGVHFXULW\DXWKRULWLHV

7
 %ROVWHUWKHJURZWKRIGHPRFUDF\DQGVXVWDLQSHDFHIXOGHPRFUDWLF
VWDWHV

:HKDYHOHDUQHGWRRXUSHULOWKDWWKHODFNRIIUHHGRPLQRQHVWDWHHQGDQJHUV
WKHSHDFHDQGIUHHGRPRIRWKHUVDQGWKDWIDLOHGVWDWHVDUHDUHIXJHDQGEUHHGLQJ
JURXQGRIH[WUHPLVP6HOIVXVWDLQLQJGHPRFUDWLFVWDWHVDUHHVVHQWLDOWRZRUOG
SHDFHDQGGHYHORSPHQW

7KH,QWHOOLJHQFH&RPPXQLW\²LWVFROOHFWRUVDQDO\VWVDQGRSHUDWRUV²
WKHUHIRUHPXVW

‡ 6XSSRUWGLSORPDWLFDQGPLOLWDU\HIIRUWV LQFOXGLQJSUHDQGSRVWFRQIOLFW 
ZKHQLQWHUYHQWLRQLVQHFHVVDU\

‡ )RUJHUHODWLRQVKLSVZLWKQHZDQGLQFLSLHQWGHPRFUDFLHVWKDWFDQKHOSWKHP
VWUHQJWKHQWKHUXOHRIODZDQGZDUGRIIWKUHDWVWRUHSUHVHQWDWLYH
JRYHUQPHQW

‡ 3URYLGHSROLF\PDNHUVZLWKDQHQKDQFHGDQDO\WLFIUDPHZRUNIRU
LGHQWLI\LQJERWKWKHWKUHDWVWRDQGRSSRUWXQLWLHVIRUSURPRWLQJGHPRFUDF\
LQFOXGLQJIUHHPDUNHWVDQGHFRQRPLFGHYHORSPHQW DVZHOODVZDUQLQJRI
VWDWHIDLOXUH

7KH'HSXW\'LUHFWRURI1DWLRQDO,QWHOOLJHQFHIRU&XVWRPHU2XWFRPHVZLOO
GHYHORSDSODQWRDFFRPSOLVKWKHVHREMHFWLYHV7KH'HSXW\'LUHFWRURI
1DWLRQDO,QWHOOLJHQFHIRU$QDO\VLVZLOOFRQWULEXWHWRWKDWSODQE\VXUYH\LQJWKH
DQDO\WLFH[SHUWLVHDQGSURGXFWLRQRQGHPRFUDWL]DWLRQDQGVWDWHIDLOXUHDQGWKH
OHYHORI&RPPXQLW\VXSSRUWQRZSURYLGHGWRSROLF\PDNHUVLGHQWLI\LQJ
NQRZOHGJHJDSVDQGZD\VWRDGGUHVVWKHPDQGLPSURYLQJVXSSRUWWRWKRVH
UHVSRQVLEOHIRUPRQLWRULQJDQGDVVLVWLQJSROLWLFDODQGHFRQRPLFGHYHORSPHQW
DQGUHGXFLQJWKHGDQJHURIVWDWHIDLOXUH7KH'HSXW\'LUHFWRURI1DWLRQDO
,QWHOOLJHQFHIRU&ROOHFWLRQZLOOGUDIWDFROOHFWLRQSODQLQFOXGLQJWKHXVHRI
RSHQVRXUFHVUHVSRQVLYHWRWKHLQIRUPDWLRQQHHGVRIWKLVLQWHJUDWHGSODQ

8
 'HYHORSLQQRYDWLYHZD\VWRSHQHWUDWHDQGDQDO\]HWKHPRVWGLIILFXOW
WDUJHWV

$PHULFD¶VWRXJKHVWDGYHUVDULHVNQRZDJUHDWGHDODERXWRXULQWHOOLJHQFH
V\VWHPDQGDUHEHFRPLQJEHWWHUDWKLGLQJWKHLULQWHQWLRQVDQGFDSDELOLWLHV
6RPHDUHUXOHGE\FORVHGOHDGHUVKLSFDGUHVDQGSURWHFWHGE\GLVFLSOLQHG
VHFXULW\DQGLQWHOOLJHQFHVHUYLFHV2WKHUVDUHDPRUSKRXVJURXSVRUQHWZRUNV
WKDWPD\VKDUHFRPPRQJRDOVWUDLQLQJDQGPHWKRGVEXWZKLFKRSHUDWH
LQGHSHQGHQWO\7KH,QWHOOLJHQFH&RPPXQLW\QHHGVFDSDELOLWLHVWRSHQHWUDWHWKH
WKLQNLQJRIERWKVHWVRIOHDGHUVE\

‡ 0DNLQJWKHEHVWXVHRIDOOVRXUFHLQWHOOLJHQFHLQFOXGLQJIURPRSHQ
VRXUFHVRQWKHPRVWGLIILFXOWWDUJHWV

‡ 'HYHORSLQJQHZPHWKRGRORJLHVLQFOXGLQJVSHFLDOL]HGWUDLQLQJDQGFDUHHU
GHYHORSPHQWIRUDQDO\]LQJWKHFDSDELOLWLHVDQGLQWHQWLRQVRIKDUGWDUJHWV

‡ ,PSURYLQJKXPDQLQWHOOLJHQFHDQGFRUUHVSRQGLQJWHFKQLFDOLQWHOOLJHQFH
FDSDELOLWLHV

‡ $VVHVVLQJWKHLQWHOOLJHQFHFDSDELOLWLHVDQGDFWLRQVRIRXUDGYHUVDULHVWR
HQVXUHWKDWDQLQVLJKWIXOFRXQWHULQWHOOLJHQFHDQDO\WLFFDSDELOLW\KHOSVWR
SHQHWUDWHKDUGWDUJHWVDQGXQGHUVWDQGWKHLUOHDGHUVKLSFDGUHV

7KH'HSXW\'LUHFWRURI1DWLRQDO,QWHOOLJHQFHIRU&ROOHFWLRQZLOOGHYHORSD
SODQIRULPSURYLQJSHQHWUDWLRQRIKDUGWDUJHWV7KH'HSXW\'LUHFWRURI
1DWLRQDO,QWHOOLJHQFHIRU$QDO\VLVZLOOGHYHORSDSODQWRDVVHVVWKHFXUUHQW
VWDWHRINQRZOHGJHLGHQWLI\DQGFORVHJDSVEROVWHUH[SHUWLVHDQGUHVHDUFKRQ
WKHVHWDUJHWVDQGGHYHORSQHZPHWKRGRORJLHVDJDLQVWWKHP7KH1DWLRQDO
&RXQWHUWHUURULVP&HQWHUDQGWKH1DWLRQDO&RXQWHULQWHOOLJHQFH([HFXWLYHZLOO
GHYLVHSODQVWRHQKDQFHDQDO\VLVRIWHUURUQHWZRUNVDQGIRUHLJQLQWHOOLJHQFH
HVWDEOLVKPHQWVDQGDFWLYLWLHV7KHODWWHUSODQZLOOLQFOXGHDPHDQVWRLQWHJUDWH
FRXQWHULQWHOOLJHQFHZLWKRWKHUVRXUFHVWRFDSLWDOL]HRQRSSRUWXQLWLHVIRU
VWUDWHJLFRIIHQVLYHDFWLYLWLHV

9
 $QWLFLSDWHGHYHORSPHQWVRIVWUDWHJLFFRQFHUQDQGLGHQWLI\
RSSRUWXQLWLHVDVZHOODVYXOQHUDELOLWLHVIRUGHFLVLRQPDNHUV

,QDZRUOGLQZKLFKGHYHORSPHQWVDQ\ZKHUHFDQTXLFNO\DIIHFW$PHULFDQ
FLWL]HQVDQGLQWHUHVWVDWKRPHDQGDEURDGWKH,QWHOOLJHQFH&RPPXQLW\PXVW
DOHUWSROLF\PDNHUVWRSUREOHPVEHIRUHWKH\HVFDODWHDQGSURYLGHLQVLJKWVLQWR
WKHLUFDXVHVDQGHIIHFWV$QDO\VLVPXVWGRPRUHWKDQMXVWGHVFULEHZKDWLV
KDSSHQLQJDQGZK\LWPXVWLGHQWLI\DUDQJHRIRSSRUWXQLWLHVIRU DQGOLNHO\
FRQVHTXHQFHVRI GLSORPDWLFPLOLWDU\ODZHQIRUFHPHQWRUKRPHODQGVHFXULW\
DFWLRQ

7RVXSSRUWSROLF\PDNHUVWKH,QWHOOLJHQFH&RPPXQLW\VKRXOGGHYHORSVXVWDLQ
DQGKDYHDFFHVVWRH[SHUWLVHRQHYHU\UHJLRQHYHU\WUDQVQDWLRQDOVHFXULW\
LVVXHDQGHYHU\WKUHDWWRWKH$PHULFDQSHRSOH7KH,QWHOOLJHQFH&RPPXQLW\
ZLOO

‡ ,GHQWLI\DQGDQDO\]HSRVVLEOHRSSRUWXQLWLHVDVZHOODVZDUQRISRWHQWLDO
SUREOHPV

‡ 3URPRWHGHHSHUFXOWXUDOXQGHUVWDQGLQJEHWWHUODQJXDJHSURILFLHQF\DQG
VFLHQWLILFDQGWHFKQRORJLFDONQRZOHGJHDPRQJSHUVRQQHODWDOOOHYHOV

‡ ,GHQWLI\JDSVLQFRYHUDJHDQGZRUNWRFORVHWKHPWKURXJKUHFUXLWPHQW
WUDLQLQJDQGFRQVXOWDWLRQZLWKRXWVLGHH[SHUWLVH

7KH,QWHOOLJHQFH ‡ 0DNHDWWHQWLRQWRORQJWHUPDQGVWUDWHJLFDQDO\VLVDSDUWRIHYHU\DQDO\VW¶V
&RPPXQLW\VKRXOG DVVLJQHGUHVSRQVLELOLWLHVWUDLQDQDO\VWVWRDQWLFLSDWHGHYHORSPHQWVOLNHO\
GHYHORSVXVWDLQDQG WRDIIHFW86LQWHUHVWVDQGHQVXUHWKH\DUHDOHUWWRSRVVLELOLWLHVIRUWLPHO\
KDYHDFFHVVWR DFWLRQ
H[SHUWLVHRQHYHU\
UHJLRQHYHU\ 7KH'HSXW\'LUHFWRURI1DWLRQDO,QWHOOLJHQFHIRU$QDO\VLVZLOOHVWDEOLVKD
WUDQVQDWLRQDOVHFXULW\ VWUDWHJLFUHVHDUFKDQGDQDO\VLVXQLWLQWKH1DWLRQDO,QWHOOLJHQFH&RXQFLO
LVVXHDQGHYHU\WKUHDW GHYHORSSURFHGXUHVWRLQYHQWRU\,QWHOOLJHQFH&RPPXQLW\DQDO\WLFFDSDELOLWLHV
WRWKH$PHULFDQ RQDOOUHJLRQVVSHFLILHGWKUHDWVDQGWUDQVQDWLRQDOLVVXHVGHYHORSDSODQWR
SHRSOH
LPSURYHWKHODQJXDJHVNLOOVVFLHQWLILFDQGWHFKQRORJLFDOVNLOOVDQGFXOWXUDO
LQVLJKWRIDQDO\VWVDQGZRUNZLWKWKHDQDO\WLFFRPSRQHQWVRIDOO,QWHOOLJHQFH
&RPPXQLW\DJHQFLHVWRFORVHJDSVIDFLOLWDWHFROODERUDWLRQDQGDFKLHYH
DSSURSULDWHEDODQFHVEHWZHHQORQJWHUPDQGFXUUHQWDQDO\VLV

10
(QWHUSULVH2EMHFWLYHV

 %XLOGDQLQWHJUDWHGLQWHOOLJHQFHFDSDELOLW\WRDGGUHVVWKUHDWVWRWKH
KRPHODQGFRQVLVWHQWZLWK86ODZVDQGWKHSURWHFWLRQRISULYDF\DQGFLYLO
OLEHUWLHV

8ELTXLWRXVFRPPXQLFDWLRQVWHFKQRORJ\HDV\LQWHUQDWLRQDOWUDYHODQG
H[WUHPLVWVZLWKWKHUHVRXUFHVDQGWKHLQWHQWWRKDUP$PHULFDQVZKHUHYHUWKH\
PD\UHVLGHIRUFHXVWRUHWKLQNWKHZD\ZHFRQGXFWLQWHOOLJHQFHFROOHFWLRQDW
KRPHDQGLWVUHODWLRQVKLSZLWKWUDGLWLRQDOLQWHOOLJHQFHJDWKHULQJPHWKRGV
DEURDG&RQVLVWHQWZLWKDSSOLFDEOHODZVDQGWKHSURWHFWLRQRIFLYLOOLEHUWLHV
DQGSULYDF\86LQWHOOLJHQFHHOHPHQWVPXVWIRFXVWKHLUFDSDELOLWLHVWRHQVXUH
WKDW

‡ ,QWHOOLJHQFHHOHPHQWVLQWKH'HSDUWPHQWVRI-XVWLFHDQG+RPHODQG
6HFXULW\DUHSURSHUO\UHVRXUFHGDQGFORVHO\LQWHJUDWHGZLWKLQWKHODUJHU
,QWHOOLJHQFH&RPPXQLW\

‡ $OO,QWHOOLJHQFH&RPPXQLW\FRPSRQHQWVDVVLVWLQIDFLOLWDWLQJWKH
LQWHJUDWLRQRIFROOHFWLRQDQGDQDO\VLVDJDLQVWWHUURULVWVZHDSRQVRIPDVV
GHVWUXFWLRQDQGRWKHUWKUHDWVWRWKHKRPHODQG

‡ 6WDWHORFDODQGWULEDOHQWLWLHVDQGWKHSULYDWHVHFWRUDUHFRQQHFWHGWRRXU
KRPHODQGVHFXULW\DQGLQWHOOLJHQFHHIIRUWV

7KH'HSXW\'LUHFWRURI1DWLRQDO,QWHOOLJHQFHIRU0DQDJHPHQWZLOOGHYHORSD
ILQDQFLDOLQIRUPDWLRQDQGKXPDQUHVRXUFHSODQIRURXULQWHOOLJHQFH
FDSDELOLWLHVWRGHDOZLWKWKUHDWVDWKRPHWKDWHQVXUHVWKHIXOODQGODZIXO
LQWHJUDWLRQRIWKH,QWHOOLJHQFH&RPPXQLW\HOHPHQWVRIWKH'HSDUWPHQWVRI
-XVWLFHDQG+RPHODQG6HFXULW\ZLWKWKHRWKHU&RPPXQLW\HOHPHQWV7KH
3URJUDP0DQDJHU,QIRUPDWLRQ6KDULQJ(QYLURQPHQWLQFRQMXQFWLRQZLWKWKH
&KLHI,QIRUPDWLRQ2IILFHUZLOOGHYHORSDSODQWRIDFLOLWDWHWKHPHDQVIRU
VKDULQJWHUURULVPLQIRUPDWLRQDPRQJDOODSSURSULDWHIHGHUDOVWDWHORFDODQG
WULEDOHQWLWLHVDQGWKHSULYDWHVHFWRU7KH&LYLO/LEHUWLHV3URWHFWLRQ2IILFHU
ZLOOGHYHORSDSODQWRHQVXUHWKDWLPSURYHPHQWVWRWKHVHFDSDELOLWLHVDUH
DFKLHYHGZLWKGXHUHJDUGIRUWKHSULYDF\DQGFLYLOOLEHUWLHVRI$PHULFDQV

11
 6WUHQJWKHQDQDO\WLFH[SHUWLVHPHWKRGVDQGSUDFWLFHVWDSH[SHUWLVH
ZKHUHYHULWUHVLGHVDQGH[SORUHDOWHUQDWLYHDQDO\WLFYLHZV

7RDYRLGLQWHOOLJHQFHIDLOXUHVWKHDQDO\WLFMXGJPHQWVSUHVHQWHGWR
SROLF\PDNHUVPXVWEHWKHSURGXFWRIDQHQWHUSULVHWKDWYDOXHVGLIIHULQJ
SHUVSHFWLYHVQXUWXUHVDQGUHZDUGVH[SHUWLVHDQGLVDJLOHDQGLQQRYDWLYHLQWKH
ZD\LWGHSOR\VDQGXWLOL]HVWKDWH[SHUWLVH

7RVWUHQJWKHQDQGVXVWDLQ,QWHOOLJHQFH&RPPXQLW\DQDO\WLFFDSDELOLWLHVDQGWR
HQVXUHWKDWDSSURSULDWHH[SHUWLVHLVEURXJKWWREHDUHIILFLHQWO\DQG
FRQVWUXFWLYHO\WKH,QWHOOLJHQFH&RPPXQLW\PXVW

‡ %XLOGDQGVXVWDLQWKHH[SHUWLVHDQGFDSDFLW\RIWKH,QWHOOLJHQFH
&RPPXQLW\¶VDQDO\VW³FRUSV´OHYHUDJLQJWKHXQLTXHFDSDELOLWLHVRIHDFK
FRPSRQHQWDQGIRVWHULQJFURVVDJHQF\FROODERUDWLRQDWDOOOHYHOV

‡ 8WLOL]HH[SHUWLVHIURPRXWVLGHWKH,QWHOOLJHQFH&RPPXQLW\WRLQIRUP
MXGJPHQWVDQGWREROVWHUDUHDVZKHUHNQRZOHGJHLVODFNLQJLQWKH
&RPPXQLW\

‡ ,PSURYHDQDO\WLFPHWKRGVDQGSUDFWLFHVDFURVVWKH&RPPXQLW\HQVXULQJ
ULJRUDQGWKHH[SORUDWLRQRIDOWHUQDWLYHDQDO\VLV

7KH'HSXW\'LUHFWRURI1DWLRQDO,QWHOOLJHQFHIRU$QDO\VLVZLOOGHYHORSDSODQ
WRLGHQWLI\H[SHUWLVHLQVLGHDQGRXWVLGHJRYHUQPHQWHVWDEOLVKYLUWXDOWHDPVRI
H[SHUWVDQGLQWHUHVWHGDQDO\VWVIURPDFURVVWKH,QWHOOLJHQFH&RPPXQLW\DQG
86JRYHUQPHQWLPSURYHFRRSHUDWLRQEHWZHHQDQDO\VLVDQGFROOHFWLRQ
LPSURYHDQDO\WLFPHWKRGVDQGSUDFWLFHVDQGHQVXUHDQDO\WLFLQWHJULW\7KH
SODQZLOODOVRDGGUHVVQHZSURFHVVHVWRDOORZWKH2IILFHRIWKH'LUHFWRURI
1DWLRQDO,QWHOOLJHQFHWRPDQDJHNH\LQWHOOLJHQFHLVVXHVLQFOXGLQJ
LQYHQWRU\LQJDQDO\WLFOHDGVDQGDFWLYLWLHVIRUKLJKSULRULW\LVVXHVLGHQWLI\LQJ
NQRZOHGJHJDSVDQGZRUNLQJZLWKFROOHFWLRQPDQDJHUVWRFORVHWKHP

 5HEDODQFHLQWHJUDWHDQGRSWLPL]HFROOHFWLRQFDSDELOLWLHVWRPHHW
FXUUHQWDQGIXWXUHFXVWRPHUDQGDQDO\WLFSULRULWLHV

2XUWHFKQLFDOPHDQVRIFROOHFWLQJLQIRUPDWLRQPXVWUHPDLQXQPDWFKHG7KH\
DOORZXVWRDYHUWFRQIOLFWH[SDQGSHDFHDQGZLQZDUV7KHQDWLRQJDLQVZKHQ
RXUWHFKQLFDOV\VWHPVDUHGHYHORSHGIRUPXOWLSOHSXUSRVHVEXWORQJ
GHYHORSPHQWVFKHGXOHVDQGFKDQJLQJUHTXLUHPHQWVXQGHUPLQHRXUDJLOLW\DQG
UHVRXUFHV$FFRUGLQJO\WKH,QWHOOLJHQFH&RPPXQLW\PXVW

12
‡ ([SDQGFROOHFWLRQDQGDQDO\VLVIURPRSHQVRXUFHVDQGPDQDJHWKHPDV
LQWHJUDWHGLQWHOOLJHQFHDFWLYLWLHV

‡ (VWDEOLVKDQDWLRQDOFODQGHVWLQHVHUYLFHWRLQWHJUDWHDOOWKHHOHPHQWVRI
KXPDQVRXUFHFROOHFWLRQLQDFFRUGZLWKWKHKLJKHVWWUDGLWLRQVRI
SURIHVVLRQDOLVPDQGLQWHOOHFWXDOSURZHVV

‡ 5HEDODQFHWKHWHFKQLFDOFROOHFWLRQDUFKLWHFWXUHWRLPSURYHUHVSRQVLYHQHVV
WRXVHUUHTXLUHPHQWVHQKDQFHIOH[LELOLW\DQGVXUYLYDELOLW\DQGSURYLGH
QHZVRXUFHVDQGPHWKRGVIRUFXUUHQWDQGHPHUJLQJWDUJHWV

‡ ([SDQGWKHUHSRUWLQJRILQIRUPDWLRQRILQWHOOLJHQFHYDOXHIURPVWDWHORFDO
DQGWULEDOODZHQIRUFHPHQWHQWLWLHVDQGSULYDWHVHFWRUVWDNHKROGHUV

7KH'HSXW\'LUHFWRURI1DWLRQDO,QWHOOLJHQFHIRU&ROOHFWLRQZLOOGHYHORSD
FRPSUHKHQVLYHSODQIRUDFKLHYLQJDQHZEDODQFHDPRQJRXUYDULRXVFROOHFWLRQ
PHWKRGV²RSHQKXPDQDQGWHFKQLFDOVRXUFHV²ZKLOHWDNLQJDFFRXQWRIWKH
GLIIHULQJOHJDODQGSROLF\IUDPHZRUNIRUFROOHFWLRQZLWKLQWKH8QLWHG6WDWHV
7KHSODQZLOOUHIOHFWWKHFKDQJHGQDWXUHRIWKHWKUHDWVZHIDFHWKHYDVW
RSSRUWXQLWLHVRIWKHLQIRUPDWLRQDJHDQGQHZQRQWUDGLWLRQDOVRXUFHVRI
LQIRUPDWLRQQRZDYDLODEOH7KH)RUHLJQ'HQLDODQG'HFHSWLRQ&RPPLWWHHZLOO
FRPSOHWHDSODQIRUFRXQWHULQJGHQLDODQGGHFHSWLRQSUDFWLFHVGHSOR\HG
DJDLQVWXV

 $WWUDFWHQJDJHDQGXQLI\DQLQQRYDWLYHDQGUHVXOWVIRFXVHG
,QWHOOLJHQFH&RPPXQLW\ZRUNIRUFH

7KHFRPSOH[LW\RIWKHFKDOOHQJHVWKH8QLWHG6WDWHVIDFHVLQWKHVWFHQWXU\
ZLOOUHTXLUHWKRVHZKRVHUYHLQWKH,QWHOOLJHQFH&RPPXQLW\ERWKPLOLWDU\DQG
FLYLOLDQWRDSSO\H[SHUWLVHDJDLQVWDZLGHUDQJHRIWKUHDWVDQGWREHFRPH
PRUHDGHSWDQGLQQRYDWLYHLQDFTXLULQJDQDO\]LQJDQGFRPPXQLFDWLQJWKH
NQRZOHGJHWKDWSROLF\PDNHUVQHHG

,QRUGHUWRHQVXUHWKH,QWHOOLJHQFH&RPPXQLW\LVDEOHWRPHHWWKHVH
H[SHFWDWLRQVLWPXVW

‡ 5HFUXLWH[FHSWLRQDOLQGLYLGXDOVIURPDGLYHUVHWDOHQWSRROWUDLQDQG
GHYHORSWKHPWRPHHWWKHFKDOOHQJHVWKH\ZLOOIDFHDQGWKHQGHSOR\WKHP
LQZD\VWKDWPD[LPL]HWKHLUWDOHQWVDQGSRWHQWLDO

13
‡ 5HZDUGH[SHUWLVHH[FHOOHQFHDQGFRPPLWPHQWWRVHUYLFHSURYLGH
RSSRUWXQLWLHVIRUSURIHVVLRQDOJURZWKDQGOHDGHUVKLSGHYHORSPHQWDQG
HQFRXUDJHLQLWLDWLYHLQQRYDWLRQUHVRXUFHIXOQHVVDQGUHVLOLHQFHDPRQJWKH
(VWDEOLVKSROLFLHVWKDW FLYLOLDQDQGPLOLWDU\PHPEHUVRIWKH,QWHOOLJHQFH&RPPXQLW\DQGWKRVH
UHIOHFWQHHGWRVKDUH ZKROHDGWKHP
YHUVXVQHHGWRNQRZ 
IRUDOOGDWDUHPRYLQJ ‡ %XLOGDQ,QWHOOLJHQFH&RPPXQLW\ZLGHFXOWXUHWKDWYDOXHVWKHDELOLWLHVRI
WKH³RZQHUVKLS´E\ HDFKRILWVPHPEHUVDQGSURYLGHVWKHPGHYHORSPHQWDORSSRUWXQLWLHV
DJHQF\RILQWHOOLJHQFH DFURVVWKH,QWHOOLJHQFH&RPPXQLW\LQDFFRUGZLWKWKHLUDSWLWXGHVDQG
LQIRUPDWLRQ DVSLUDWLRQV

7KH&KLHI+XPDQ&DSLWDO2IILFHULQSDUWQHUVKLSZLWKWKH&KLHI7UDLQLQJDQG
(GXFDWLRQ2IILFHUZLOOGHYHORSDQ,QWHOOLJHQFH&RPPXQLW\6WUDWHJLF+XPDQ
&DSLWDO3ODQWKDWZLOOHQDEOH&RPPXQLW\HOHPHQWVWRLGHQWLI\PLVVLRQFULWLFDO
KXPDQUHVRXUFHUHTXLUHPHQWVWUDLQGHYHORSDQGSURPRWH&RPPXQLW\
SURIHVVLRQDOVDFFRUGLQJWRULJRURXVFRPSHWHQF\EDVHGVWDQGDUGVVHOHFWD
VHQLRUOHDGHUVKLSFDGUHWKDWSURPRWHVKLJKSHUIRUPDQFHHPSOR\HH
HQJDJHPHQWLQIRUPDWLRQVKDULQJDQGFROODERUDWLRQDQGGHYHORSHYDOXDWLRQ
DQGUHZDUGV\VWHPVWKDWUHLQIRUFHH[FHOOHQFHDPRQJSURIHVVLRQDOVDQGWKRVH
ZKROHDGWKHP

 (QVXUHWKDW,QWHOOLJHQFH&RPPXQLW\PHPEHUVDQGFXVWRPHUVFDQ
DFFHVVWKHLQWHOOLJHQFHWKH\QHHGZKHQWKH\QHHGLW

7KH,QWHOOLJHQFH5HIRUPDQG7HUURULVP3UHYHQWLRQ$FWRIGLUHFWHGWKH
'LUHFWRURI1DWLRQDO,QWHOOLJHQFHWR³HQVXUHPD[LPXPDYDLODELOLW\RIDQG
DFFHVVWRLQWHOOLJHQFHLQIRUPDWLRQ´:HPXVWHQVXUHPD[LPXPLQWHURSHUDELOLW\
LQVLGHWKH&RPPXQLW\ZKLOHFUHDWLQJHIIHFWLYHIOH[LEOHOLQNVWRFXVWRPHUV
,QWHOOLJHQFH&RPPXQLW\HIIRUWVPXVW

‡ 5HPRYHLPSHGLPHQWVWRLQIRUPDWLRQVKDULQJZLWKLQWKH&RPPXQLW\DQG
HVWDEOLVKSROLFLHVWKDWUHIOHFWQHHGWRVKDUH YHUVXVQHHGWRNQRZ IRUDOO
GDWDUHPRYLQJWKH³RZQHUVKLS´E\DJHQF\RILQWHOOLJHQFHLQIRUPDWLRQ

‡ %XLOGDXVHUIULHQGO\V\VWHPWKDWDOORZVFXVWRPHUVWRILQGQHHGHG
LQWHOOLJHQFHDQGDFFHVVLWLPPHGLDWHO\

‡ 'HYHORSIOH[LEOHDQGVHFXUHQHWZRUNVDGDSWDEOHWRDUDSLGO\FKDQJLQJ
HQYLURQPHQWDQGFDSDEOHRIJHWWLQJLQWHOOLJHQFHLQDQXQFODVVLILHGIRUPWR
QRQWUDGLWLRQDOFXVWRPHUVVXFKDVVWDWHORFDODQGWULEDOJRYHUQPHQWVDQG
WKHSULYDWHVHFWRU

14
‡ &UHDWHDQLQWHOOLJHQFH³F\EHUFRPPXQLW\´ZKHUHDQDO\VWVFROOHFWRUVDQG
FXVWRPHUVFDQLQWHUDFWVZLIWO\DQGHDVLO\LQFRQVLGHULQJFODVVLILHG
LQIRUPDWLRQ

7KH'HSXW\'LUHFWRURI1DWLRQDO,QWHOOLJHQFHIRU&XVWRPHU2XWFRPHVZLOO
RYHUVHHWKHGHYHORSPHQWRISODQVWRSURYLGHPD[LPXPDFFHVVWRLQWHOOLJHQFH
LQIRUPDWLRQDPRQJ,QWHOOLJHQFH&RPPXQLW\FXVWRPHUVFRQVLVWHQWZLWK
DSSOLFDEOHODZVDQGWKHSURWHFWLRQRIFLYLOOLEHUWLHVDQGSULYDF\7KH3URJUDP
0DQDJHU,QIRUPDWLRQ6KDULQJ(QYLURQPHQWZLOOFUHDWHDSODQWRHQVXUHWKDW
WKH,QIRUPDWLRQ6KDULQJ(QYLURQPHQWSURYLGHVWKHIXQFWLRQDOHTXLYDOHQWRIRU
RWKHUZLVHVXSSRUWVDGHFHQWUDOL]HGGLVWULEXWHGDQGFRRUGLQDWHGHQYLURQPHQW
DVGHVFULEHGLQ6HFWLRQ E  RIWKH,QWHOOLJHQFH5HIRUPDQG7HUURULVP
3UHYHQWLRQ$FWRI7KH&KLHI,QIRUPDWLRQ2IILFHUZLOOGHYHORSDSODQWR
HQVXUHWKDWDFWLYLWLHVDQGSURFXUHPHQWVUHODWLQJWRWKHLQIRUPDWLRQWHFKQRORJ\
LQIUDVWUXFWXUHDQGHQWHUSULVHDUFKLWHFWXUHRIWKH,QWHOOLJHQFH&RPPXQLW\PHHW
WKHQHHGWRVKDUHLQIRUPDWLRQPRUHEURDGO\

 (VWDEOLVKQHZDQGVWUHQJWKHQH[LVWLQJIRUHLJQLQWHOOLJHQFH
UHODWLRQVKLSVWRKHOSXVPHHWJOREDOVHFXULW\FKDOOHQJHV

6LQFHRXUPRVWVHULRXVQDWLRQDOVHFXULW\FKDOOHQJHVDUHWUDQVQDWLRQDOWKH
&RPPXQLW\PXVWHQOLVWOLNHPLQGHGQDWLRQVWRH[WHQGRXUUHDFK$VWKH
1DWLRQDO6HFXULW\6WUDWHJ\VWDWHV³QRQDWLRQFDQEXLOGDVDIHUEHWWHUZRUOG
DORQH´7RWKLVHQGZHPXVW

‡ (QJDJHDQGLQYLJRUDWHIULHQGO\IRUHLJQLQWHOOLJHQFHVHUYLFHV¶HIIRUWVWKDW
FRXOGDLGLQWKHLGHQWLILFDWLRQDQGGLVUXSWLRQRIWHUURULVWRUJDQL]DWLRQV
DEURDGDQGZLWKLQ86ERUGHUV

‡ &RRUGLQDWHFORVHO\ZLWKIRUHLJQLQWHOOLJHQFHVHUYLFHVWRLQIRUPDFRPPRQ
DVVHVVPHQWRIWKUHDWVDQGRSWLRQVLQUHVSRQVH

‡ (QVXUHWKDWLQVLJKWVJDLQHGIURPRXUIRUHLJQLQWHOOLJHQFHUHODWLRQVKLSV
LQIRUPLQWHOOLJHQFHMXGJPHQWVDQGGHYHORSHIIHFWLYHRSWLRQVLQUHVSRQVH

7KH'HSXW\'LUHFWRURI1DWLRQDO,QWHOOLJHQFHIRU&XVWRPHU2XWFRPHVZLOO
GLUHFWWKHGHYHORSPHQWRIDVWUDWHJLFSODQRQIRUHLJQLQWHOOLJHQFHUHODWLRQVKLSV
WRHQVXUHWKDWWKHUHODWLRQVKLSVDUHEHLQJDGHTXDWHO\FRRUGLQDWHGDQG
HPSOR\HGWRPHHWQDWLRQDOVHFXULW\WKUHDWV7KLVSODQZLOOLQFOXGHDSURFHVVWR

15
LGHQWLI\H[LVWLQJJDSVDVZHOODVWRGHWHUPLQHLIQHZIRUHLJQLQWHOOLJHQFH
UHODWLRQVKLSVQHHGWREHHVWDEOLVKHGRUH[LVWLQJUHODWLRQVKLSVVWUHQJWKHQHG

 &UHDWHFOHDUXQLIRUPVHFXULW\SUDFWLFHVDQGUXOHVWKDWDOORZXVWR
ZRUNWRJHWKHUSURWHFWRXUQDWLRQ¶VVHFUHWVDQGHQDEOHDJJUHVVLYH
FRXQWHULQWHOOLJHQFHDFWLYLWLHV

7KH,QWHOOLJHQFH&RPPXQLW\PXVWGUDPDWLFDOO\FKDQJHWKHEDVLVRILWVVHFXULW\
DQGFRXQWHULQWHOOLJHQFHSROLFLHVLQRUGHUWRUHPDLQHIIHFWLYH:HPXVW
ULJRURXVO\DVVHVVWKUHDWYXOQHUDELOLW\DQGSURWHFWLRQUHTXLUHPHQWVWRIXUWKHU
RYHUDOO&RPPXQLW\REMHFWLYHV,QWHOOLJHQFH&RPPXQLW\HIIRUWVPXVW

‡ 5HGHILQHFODVVLILFDWLRQJXLGHOLQHVWRDOORZIRUDODUJHERG\RI³VHQVLWLYH´
LQIRUPDWLRQZLWKIOH[LEOHXVHDQGVKDULQJDUUDQJHPHQWVDQGDVPDOOHU
ERG\RI³UHVWULFWHG´LQIRUPDWLRQDYDLODEOHWRIHZHUSHUVRQQHO

‡ (VWDEOLVKXQLIRUPDQGUHFLSURFDO,QWHOOLJHQFH&RPPXQLW\JXLGDQFHRQ
VHFXULW\LVVXHVRIFRPPRQFRQFHUQLQFOXGLQJDFFHVVWRIDFLOLWLHVDQG
HOHFWURQLFDFFHVVWRV\VWHPVDQGGDWDEDVHV

‡ ,QVWLWXWHQHZSURFHGXUHVLQFOXGLQJLQQRYDWLYHVHFXULW\DVVHVVPHQWDQG
UHOLDELOLW\PRQLWRULQJSHUPLWWLQJDJHQFLHVWRH[SHGLWLRXVO\DVVHVV
SHUVRQQHOZLWKSRWHQWLDOYXOQHUDELOLWLHV

‡ (QVXUHWKHYDULRXV,QWHOOLJHQFH&RPPXQLW\HOHPHQWVFRQGXFWLQJ
7KH,QWHOOLJHQFH FRXQWHULQWHOOLJHQFHDFWLYLWLHVDFWDVDFRKHVLYHZKROHWRXQGHUWDNH
&RPPXQLW\PXVW DJJUHVVLYHXQLILHGFRXQWHULQWHOOLJHQFHRSHUDWLRQV
GUDPDWLFDOO\
FKDQJHWKHEDVLVRILWV 7KH'HSXW\'LUHFWRURI1DWLRQDO,QWHOOLJHQFHIRU0DQDJHPHQWZLOOGHYHORSD
VHFXULW\DQG SODQIRUFKDQJLQJSK\VLFDOLQIRUPDWLRQDQGSHUVRQQHOVHFXULW\SROLFLHV
FRXQWHULQWHOOLJHQFH LPSHGLQJWKH,QWHOOLJHQFH&RPPXQLW\¶VDELOLW\WRDFKLHYHLWVPLVVLRQDQG
SROLFLHVLQRUGHUWR
HQWHUSULVHREMHFWLYHV7KH1DWLRQDO&RXQWHULQWHOOLJHQFH([HFXWLYHLQWKHSODQ
UHPDLQHIIHFWLYH
IRULPSOHPHQWLQJWKH1DWLRQDO&RXQWHULQWHOOLJHQFH6WUDWHJ\ZLOOGHVFULEHKRZ
WKH&RPPXQLW\ZLOOXQGHUWDNHDJJUHVVLYHFRXQWHULQWHOOLJHQFHRSHUDWLRQVZLWK
JUHDWHUXQLW\RIHIIRUW7KH&KLHI,QIRUPDWLRQ2IILFHUZLOOGHYHORSDSODQIRU
QHZVHFXULW\SROLFLHVWKDWSURPRWHLQIRUPDWLRQVKDULQJDFURVVWKH,QWHOOLJHQFH
&RPPXQLW\

16
 ([SORLWSDWKEUHDNLQJVFLHQWLILFDQGUHVHDUFKDGYDQFHVWKDWZLOO
HQDEOHXVWRPDLQWDLQDQGH[WHQGLQWHOOLJHQFHDGYDQWDJHVDJDLQVW
HPHUJLQJWKUHDWV

*OREDOL]DWLRQDQGDFFHOHUDWLQJVFLHQWLILFDQGWHFKQRORJLFDOSURJUHVVWKUHDWHQ
WRHURGHWKH,QWHOOLJHQFH&RPPXQLW\¶VWHFKQLFDOFROOHFWLRQPHDQVWR
XQGHUPLQHRXUDELOLW\WRLGHQWLI\DFFHVVZRUOGFODVVVFLHQWLILFH[SHUWLVHDQGWR
GHJUDGHRXUDELOLW\WRH[SORLWHPHUJLQJWHFKQRORJLFDODGYDQFHV

7KH,QWHOOLJHQFH&RPPXQLW\¶VDELOLW\WRLGHQWLI\DQGOHYHUDJHFXWWLQJHGJH
VFLHQWLILFDQGWHFKQRORJLFDOUHVHDUFKGHSHQGVRQRXUFDSDFLW\WRIRUHFDVW
WHFKQRORJLFDOWUHQGVLQWHUDFWZLWKOHDGLQJUHVHDUFKHUVDQGJDLQHDUO\DFFHVVWR
LQQRYDWLYHFRQFHSWVDQGGHVLJQV7RWKLVHQG,QWHOOLJHQFH&RPPXQLW\HIIRUWV
PXVW

‡ (VWDEOLVKDFHQWUDOO\OHGEXWGHFHQWUDOO\H[HFXWHGSURFHVVIRU
,QWHOOLJHQFH&RPPXQLW\VFLHQWLILFDQGWHFKQRORJLFDODFWLYLWLHV

‡ 'HHSHQWHFKQLFDOH[SHUWLVHDQGVWUHQJWKHQDGYDQFHGUHVHDUFKDQG
GHYHORSPHQWSURJUDPVZLWKLQWKHDJHQFLHV

‡ ,GHQWLI\KLJKULVNKLJKUHZDUGUHVHDUFKIRUVSHFLDOHPSKDVLVE\WKH2IILFH
RIWKH'LUHFWRURI1DWLRQDO,QWHOOLJHQFHSDUWLFXODUO\LQWKH³ZKLWHVSDFHV´
EHWZHHQYDULRXVDJHQF\HIIRUWV

‡ )RVWHUMRLQWGHYHORSPHQWDPRQJDJHQF\UHVHDUFKHIIRUWVZKHUH
DSSURSULDWH

7KH$VVRFLDWH'LUHFWRURI1DWLRQDO,QWHOOLJHQFHIRU6FLHQFHDQG7HFKQRORJ\
ZLOOGHYHORSDSODQIRUOHDGLQJWKH,QWHOOLJHQFH&RPPXQLW\
VVFLHQFHDQG *OREDOL]DWLRQDQG
WHFKQRORJ\UHVRXUFHVDQGDFWLYLWLHV7KHSODQZLOOLGHQWLI\WKHUROHVDQG DFFHOHUDWLQJVFLHQWLILF
UHVSRQVLELOLWLHVIRUHDFKPHPEHURIWKH,QWHOOLJHQFH&RPPXQLW\HQJDJHGLQ DQGWHFKQRORJLFDO
VFLHQWLILFDQGWHFKQRORJLFDODFWLYLWLHV SURJUHVVWKUHDWHQWR
HURGHWKH,QWHOOLJHQFH
&RPPXQLW\¶V
WHFKQLFDOFROOHFWLRQ
PHDQV

17
 /HDUQIURPRXUVXFFHVVHVDQGPLVWDNHVWRDQWLFLSDWHDQGEHUHDG\IRU
QHZFKDOOHQJHV

7KH,QWHOOLJHQFH&RPPXQLW\PXVWFRQWLQXRXVO\LPSURYHLWVDELOLW\WRUHFRUG
DVVHVVDQGOHDUQIURPLWVSHUIRUPDQFHLQSDUWE\HVWDEOLVKLQJPHWULFVWR
PHDVXUHLWVSHUIRUPDQFH7KHSURFHVVRIFRQGXFWLQJSHUIRUPDQFHUHYLHZVDQG
OHDUQLQJIURPERWKVXFFHVVHVDQGIDLOXUHVVKRXOGKHOSLGHQWLI\V\VWHPLF
VKRUWFRPLQJV,QDGGLWLRQWRDVVLPLODWLQJOHVVRQVWKH&RPPXQLW\PXVWDOVR
DVVHVVLWVUHDGLQHVV,QWHOOLJHQFH&RPPXQLW\HIIRUWVPXVW

‡ &UHDWHDOHVVRQVOHDUQHGIXQFWLRQWRDVVHVVWKHHIIHFWLYHQHVVRIWKH
&RPPXQLW\¶VDFWLYLWLHVDVD³V\VWHPRIV\VWHPV´LQVXSSRUWLQJQDWLRQDO
SROLF\JRDOV

‡ (VWDEOLVKDULJRURXVHYDOXDWLRQSURFHVVWKDWGHWHUPLQHVKRZZHOO
LQGLYLGXDOVWUDWHJLFSODQVPHHWWKHLUVWDWHGJRDOVDQGKRZHIIHFWLYHO\WKH\
VXSSRUWWKHUHOHYDQWPLVVLRQDQGHQWHUSULVHREMHFWLYHV

‡ ,QFRUSRUDWHLQWRHDFKDJHQF\¶VVWUDWHJLFSODQDUHDGLQHVVFRPSRQHQW
DGGUHVVLQJFULVHVDQGFRQWLQJHQFLHV

‡ &UHDWHDUREXVWFRPPDQGDQGFRQWUROV\VWHPIRUWKH'LUHFWRURI1DWLRQDO
,QWHOOLJHQFH

7KH'HSXW\'LUHFWRURI1DWLRQDO,QWHOOLJHQFHIRU0DQDJHPHQWZLOOGHYHORS
SODQVWRDVVHVVWKH&RPPXQLW\¶VSHUIRUPDQFHDJDLQVWPLVVLRQDQGHQWHUSULVH
REMHFWLYHVHVWDEOLVKD&RPPXQLW\ZLGHOHVVRQVOHDUQHGIXQFWLRQDQGJXLGH
WKHLPSURYHPHQWRIUHDGLQHVVZLWKLQWKHDJHQFLHV7KH&KLHI,QIRUPDWLRQ
2IILFHUZLOOGHYHORSDSODQWRHQVXUHWKHIXQFWLRQLQJRIWKH'LUHFWRURI
1DWLRQDO,QWHOOLJHQFH¶VFRPPDQGDQGFRQWUROV\VWHPLQDOOFRQWLQJHQFLHV

 (OLPLQDWHUHGXQGDQF\DQGSURJUDPVWKDWDGGOLWWOHRUQRYDOXHDQG
UHGLUHFWVDYLQJVWRH[LVWLQJDQGHPHUJLQJQDWLRQDOVHFXULW\SULRULWLHV

7KH,QWHOOLJHQFH&RPPXQLW\LVDYDVWHQWHUSULVHZLWKDUHDVRIRYHUODSSLQJ
PLVVLRQVDQGH[SHUWLVH,QVRPHLQVWDQFHVWKHRYHUODSDGGVYDOXHLQRWKHUVLW
FRQVXPHVUHVRXUFHVPRUHDSSURSULDWHO\GLUHFWHGWRWKH,QWHOOLJHQFH
&RPPXQLW\PHPEHUKDYLQJWKHPLVVLRQDWLWVFRUHRUWRHPHUJLQJQDWLRQDO
VHFXULW\WKUHDWV

7KH,QWHOOLJHQFH&RPPXQLW\PXVWPDQDJHLWVUHVRXUFHVE\H[DPLQLQJQDWLRQDO
VHFXULW\SULRULWLHVERWKVKRUWDQGORQJWHUPDQGTXLFNO\DGDSWWRFKDQJHVLQ
18
WKHP7KH&RPPXQLW\PXVWDOVRUHYLVHLWVILQDQFLDOSURFHGXUHVDQGSURFHVVHV
H[LVWLQJEXGJHWUHSRUWVDUHQRWSURYLGLQJWKHOHYHORIFRQVLVWHQF\UHTXLUHGIRU
DSSURSULDWHRYHUVLJKW7RWKLVHQGWKH,QWHOOLJHQFH&RPPXQLW\PXVW

‡ 6WDQGDUGL]HV\QFKURQL]HDQGFRRUGLQDWHILQDQFLDOUHSRUWLQJLQRUGHUWR
SURYLGHDFRPSUHKHQVLYHDQGDXGLWDEOHUHFRUGRI&RPPXQLW\
H[SHQGLWXUHV

‡ $VVHVVWKHFXUUHQWSURJUDPGHYHORSPHQWSURFHVVZLWKHPSKDVLVRQ
HYDOXDWLQJKRZSURJUDPVXEPLVVLRQVDUHDOLJQHGDJDLQVWREMHFWLYHV

‡ (OLPLQDWHPLVVLRQDQGSURJUDPUHGXQGDQF\WKDWDGGVOLWWOHRUQRYDOXH

‡ (QGSURJUDPVSURMHFWVWKDWQRORQJHUPHHWQDWLRQDOVHFXULW\SULRULWLHVRU
WKDWGRQRWGHOLYHUDVSURPLVHG

‡ &RQVROLGDWHVLPLODUSURJUDPVDQGPLVVLRQVXQGHURQH&RPPXQLW\OHDG

‡ 5HGLUHFWUHVRXUFHVVDYHGWKURXJKFRQVROLGDWLRQDQGWHUPLQDWHGSURJUDPV
WRH[LVWLQJDQGHPHUJLQJWKUHDWV

‡ (QVXUHWKDWQHZV\VWHPVDUHGHYHORSHGLQFRPSOLDQFHZLWKDQ,QWHOOLJHQFH
&RPPXQLW\(QWHUSULVH$UFKLWHFWXUH

7KH'HSXW\'LUHFWRURI1DWLRQDO,QWHOOLJHQFHIRU0DQDJHPHQWZLOOGHYHORSD
SODQWRLGHQWLI\DQGHOLPLQDWHXQQHFHVVDU\UHGXQGDQF\DQGORZYDOXH
SURJUDPVZLWKLQWKH,QWHOOLJHQFH&RPPXQLW\7KHSODQZLOODOVRDGGUHVVKRZ
WRLGHQWLI\PLVVLRQVDQGSURJUDPVZKHUHUHVRXUFHVVKRXOGEHUHGLUHFWHGWR
PHHWQHZDQGHPHUJLQJQDWLRQDOVHFXULW\WKUHDWVDQGWRHQKDQFHVHFXUH
LQWHOOLJHQFHFDSDELOLWLHVIRURUJDQL]DWLRQVWKDWIXQFWLRQSULPDULO\LQWKH8QLWHG
6WDWHV7KHSODQZLOOVSHFLI\WKHUROHVDQGUHVSRQVLELOLWLHVRI,QWHOOLJHQFH
&RPPXQLW\PHPEHUVHQJDJHGLQUHVRXUFHPDQDJHPHQWDQGSURJUDP
GHYHORSPHQWWRFRQWLQXDOO\H[DPLQHWKHLUSURJUDPVDQGPLVVLRQVDQGWR
FROODERUDWHZLWKRQHDQRWKHULQDUULYLQJDWUHFRPPHQGDWLRQVIRUPLVVLRQ
DGMXVWPHQWVSURJUDPFRQVROLGDWLRQVRUWHUPLQDWLRQVDQGDUHDVULSHIRU
UHGLUHFWLRQRIUHVRXUFHV,WZLOODOVRGHVFULEHKRZWRVWUHQJWKHQWKH
&RPPXQLW\¶VILQDQFLDOPDQDJHPHQWV\VWHPVZLWKWKHJRDORIDFKLHYLQJ
FRPSUHKHQVLYHDXGLWVRIWKHPDMRULQWHOOLJHQFHSURJUDPV

19
1H[W6WHSV
7KHVHVWUDWHJLFREMHFWLYHVZLOOJXLGH,QWHOOLJHQFH&RPPXQLW\SROLF\
SODQQLQJFROOHFWLRQDQDO\VLVRSHUDWLRQVSURJUDPPLQJDFTXLVLWLRQ
EXGJHWLQJDQGH[HFXWLRQ7KH\ZLOOEHRYHUVHHQE\VHQLRURIILFLDOVRIWKH
2IILFHRIWKH'LUHFWRURI1DWLRQDO,QWHOOLJHQFHEXWZLOOEHLPSOHPHQWHG
WKURXJKDQLQWHJUDWHG,QWHOOLJHQFH&RPPXQLW\HIIRUWWRFDSLWDOL]HRQWKH
FRPSDUDWLYHDGYDQWDJHVRIFRQVWLWXHQWRUJDQL]DWLRQV

‡ 7KH'HSXW\'LUHFWRURI1DWLRQDO,QWHOOLJHQFHIRU0DQDJHPHQWZLOO
GHYHORSDVWUDWHJLFSODQQLQJDQGHYDOXDWLRQSURFHVVIRUWKH,QWHOOLJHQFH
&RPPXQLW\

‡ 7KH)LVFDO<HDUSODQQLQJSURJUDPPLQJDQGSHUIRUPDQFHJXLGDQFH
ZLOOUHIOHFWWKHVHPLVVLRQDQGHQWHUSULVHREMHFWLYHV2QJRLQJSURJUDPDQG
EXGJHWDFWLYLWLHVIRU)LVFDO<HDUVDQGZLOODGMXVWWRWKHVH
REMHFWLYHVWRWKHPD[LPXPH[WHQWSRVVLEOH

7KHVHVWUDWHJLF
REMHFWLYHVZLOOJXLGH
,QWHOOLJHQFH
&RPPXQLW\SROLF\
SODQQLQJFROOHFWLRQ
DQDO\VLVRSHUDWLRQV
SURJUDPPLQJ
DFTXLVLWLRQEXGJHWLQJ
DQGH[HFXWLRQ

20
FOR INFORMATION CONTACT:
OFFICE OF THE DIRECTOR OF NATIONAL INTELLIGENCE
WASHINGTON, DC 20511

WWW.ODNI.GOV

You might also like