RESEARCH AND IDENTIFY OPTIONS THAT CAN ASSIST THE EVOLUTION OF GROUNDFISH SECTORS AS VIABLE BUSINESS ORGANIZATIONS
The purpose of the project is to identify options that can assist sectors become more
viable and effective business organizations. This research will include options for
operational savings, and for income optimization. This work requires analysis of both
the sector operational tasks and costs as well as the profiling of the sector in terms of
representing the allocation, fishing effort and aggregate turnover of its members. This is
based on the premise that a small sector with limited allocation is likely to be able to
support the full operational costs of sector management. That there are options to
share and cut costs. In addition, certain sector profiles may lend themselves to other
business development opportunities, such as contract selling and marketing.
The research will result in profiling sectors by four types. These types will be used as
models to profile increased operational costs and savings. The results will be presented
to industry through a number of convening sessions to assist them devise their own
business plans going forward and to enable them to explore alternative cost savings
arrangements and ways to increase their income.