䋭 㪊 䋭
ɂȫɔȾ
ǪǽటంȾȷȗȹ
ǽȊÆÄ આछᐐ॒ଆʨʕʯɬʵȋʁʴ˂ʄɂǾ۾ޙȺȪȢ ÆÄ ɥઆछȬɞȦȻȾȽȶȲ̷ȲȴȟǾഈ өɥᤁᚐȬɞ˨ȺఊͲ᪅॒ᛵȽ̜ɥɑȻɔȲɕɁȺȕɞǿஓటɁ۾ޙȺɂ ÆÄ ȟᄱɦȾȽȶȹȠȲ ȤɟȼɕǾȰɁю߁ɂࢳȾୣوɁߩᩌȾɛɞផټᆅεȟ˿ȺȕɝǾ۾ޙଡ଼׆ɁᚐӦ۰߁ɥɕȲɜ ȬɕɁȻɂȗȟȲȗǿˢǾɛɝӛɁᯚȗᆅεю߁ˁศȾȷȗȹɂǾцȨɟȲɕɁȟߵȽȢǾ આछᐐɂਖ਼ɝৰȺஃȪȹȗɞɁɕɑȲ̜ȺȕɞǿÆÄ આछᐐɥୈȬɞʎ˂ʵɁᩒᄉȟɔ ɜɟȹȗɞǿ
ǽటంɁɬɮʑɬɂǾյ۾ޙɁ ÆÄ આछᐐȺഫȨɟȹȗɞ ÆÄ ʗʍʒʹ˂ɹ˹هّᴥ͏˩Ǿʗʍʒʹ˂
ɹǾඒᬮՎྃᴦɁᝈȪնȗɁ˹ȞɜႆɑɟȲǿȦɁጸᎥɁʫʽʚ˂ɂǾ۾ޙଡ଼׆ɁᑤӌᩒᄉȻȗșஓ టȺɂఝᩒɁഈөɥ᪅ɜɟȲ̷ୣȺᚐȶȹȗɞǿ৻ॴᄑȽʃʉʍʟ˪ᠴȻȗșץᭉɥᜓขȬɞȲɔ ȾɂǾյޙȾࠖȬɞଡ଼׆Ɂ˹ȞɜǾÆÄ ɥઆछȺȠɞ̷యɥᑎȪȹȗȢ॒ᛵॴȟȕɞǿȰɁȲ ɔȾǾÆÄ ʟɫʁʴʐ˂ʉ˂᭴ផ࣋ɥᩒᄉǾஃȪɛșȻȗșȦȻȾȽȶȲǿటʁʴ˂ʄɂȰșȪ ȲᆅεɁʐɷʃʒȻȪȹᩒᄉȨɟȲǿ
ǽቼᴮࢊȊÆÄ ʡʷɺʳʪɁᩒᄉˁஃˁΙȋȾፖȢǾటంቼᴯࢊȺɂǾÆÄ આछᐐᴥʟɫɵʵʐɭˁ ʑɭʣʷʍʛ˂ᴷÆÄåòᴦȟǾޙюȺ ÆÄ ɥ͙႕ˁஃȪȹȗȢ᪨Ⱦ॒ᛵȻȨɟɞ ÆÄ ȾᩜȬɞژట ᄑȽᅺឧɥɑȻɔȲɕɁȺȕɞǿ
ǽటంɁژȾȽȶȹȗɞɁɂǾ²°°· ࢳ ³ ఌ ²¶ˁ²· ஓȾঢ়ݪ۾ޙȺᩒϸȨɟȲȈʟɫɵʵʐɭˁ ʑɭʣʷʍʛ˂᭴ផ࣋ȉȺȕɞǿటផ࣋ɂǾɵʔʊˁʨɸʵ۾ޙ ଡ଼ૌˁޙɿ˂ʝʃᩌʑɭʶ ɹʉ˂ȺȕɞʁʽʁɬˁɰɱʃʒʽᴥÃùîôèéá ® ×åóôïîᴦଡ଼ૌɥગᐦȪǾпّɁյ۾ޙȞɜ ³² ջ Ɂ ÆÄ આछᐐɥߦ៎ȾᚐɢɟȲɕɁȺȕɞǿɰɱʃʒʽଡ଼ૌɂ ²° ࢳ͏˨ȾຝȶȹǾɮʽʃʒʳɹʁʱ ʔʵˁʑʀɮʽǾΙศǾଡ଼ૌศɥଡ଼ᐳ׆Ⱦଡ଼țȹȗɞ ÆÄåò ȺȕɞǿӱөаȺȕɞʨɸʵ۾ޙ ȺɁ ÆÄ Ɂጸɒɥ̜ȾǾÆÄ ɁસțǾյ۾ޙɁɽʽʐɷʃʒᴥ୫ᑩᴦȾȕɢȮȲ ÆÄ ɬɹʁʱ ʽʡʳʽȸȢɝȾȷȗȹɁʹ˂ɹʁʱʍʡɥᚐȶȹȗȲȳȗȲǿ
ǽቼᴮቛɂǾÆÄåò ȟᅺȶȹȝȞȽȤɟɃȽɜȽȗᒲɜɁࠖ۾ޙɁɽʽʐɷʃʒґǾቼᴯቛɂ ÆÄ ɁʶʣʵȻщͶᄑȽʡʷɺʳʪȾȷȗȹɑȻɔȹȕɞǿቼᴰቛɂǾÆÄ ɬɹʁʱʽʡʳʽȸȢɝ Ɂਖ਼ศȟɑȻɔɜɟȹȗɞǿࢊఞ୳ȻȪȹǾछஓᥓࢎȨɟȲ୳ɗ̜Ұˁ̜ऻɬʽɻ˂ʒፀɥૡ ᢐȪȲǿ
ǽȝɢɝȾǾផ࢙ɥȷȻɔȹȗȲȳȗȲʁʽʁɬˁɰɱʃʒʽଡ଼ૌǾՎӏȪȹȗȲȳȗȲᄒറȾ॑Ȟ ɜॅᇊɥ႑Ȫ˨ȥɑȬǿటంȟ ÆÄåò ɁᄒറȾमȹɃࢶȗȺȬǿ
ʹᗵ๖ቛᴥঢ়ݪ۾ޙଡ଼ᑎˁޙႆୈൡഫǽଡ଼ᑎ͙႕ᴦ
䋭 㪋 䋭 ǪǽÆÄ ʗʍʒʹ˂ɹ˹هّȾȷȗȹ
ǽ˿Ⱦ˹ّˁهّ٥ԖɁ۾ޙȟ˹॑ȻȽɝǾÆÄ ʡʷɺʳʪɁцպஃǾଡ଼యɁцպᩒᄉȽȼɥᄻᄑ ȾᣵଆȪȹȗɞʗʍʒʹ˂ɹǿյ۾ޙɁᯚኄଡ଼ᑎʅʽʉ˂ȾࠖȬɞଡ଼׆ɥ˹॑ȾഫȨɟȹȗɞǿ
²°°³ ࢳȾᜫȨɟǾ͢նᴥʟɫɵʵʐɭˁʑɭʣʷʍʛ˂ផ࣋ᴦǾÍÌ ȺɁষڨ̬૰ɥᚐȶȹȗɞǿ ঢ়ݪ۾ޙଡ଼ᑎeޙႆୈൡഫ ଡ଼ᑎ͙႕ȟ̜өࠈȻȽȶȹȗɞǿ
ǽ߸Ǿటంɂࢲ ±¸ ࢳ࣊࿑ᓨȕɞ۾ޙଡ଼ᑎୈʡʷɺʳʪȈÆÄ ᴬ ÓÄ ᴬ ÔÁÄ ˧ͱˢͶᑤӌᩒᄉȉ ɁˢȺȕɞǿ
ʟɫɵʵʐɭˁʑɭʣʷʍʛ˂᭴ផ࣋Վӏᐐջዓ
²°°·®³¯²¶²· ஃ
แႎǽǽጠފ ᴥༀ۾ޙ۾ޙଡ଼ᑎᆅሱᩒᄉʅʽʉ˂ᴦ
༖ႎǽǽᔗί ᴥᦂด۾ޙ۶ّଡ଼ᑎᆅሱʅʽʉ˂ᴦ
ࠥࠞǽǽފ ᴥᔣڌ۾ޙ۾ޙଡ଼ᑎʅʽʉ˂ᴦ
ӏᗵǽǽࡄᔐ ᴥّଡ଼ᑎኍᆅሱᯚኄଡ଼ᑎᆅሱᴦ ዢ༖ǽǽपጠ ᴥ۾ޙΙˁޙͱૌ˫ൡഫΙᆅሱᴦ
ైࠥǽǽࢶձ ᴥαࡻ۾ޙпޙଡ଼ᑎൡഫᴦ
˽൞ǽத܀ ᴥαࡻ۾ޙጽຑޙᴦ
ो̢ǽǽ˴ඒ ᴥαࡻ۾ޙጽຑޙᴦ
ӏᗵǽǽᦻ˧ ᴥαࡻ۾ޙпޙଡ଼ᑎൡഫᯚኄଡ଼ᑎʁʃʐʪᆅሱᩒᄉǾΙˁґᴦ ෩ែǽǽ̷ ᴥஓటᇩᇐ۾ޙޙөޙ̜ᝥᴦ
ᄌڀǽǽǽ༁ ᴥࠥࡆܤފᅽఙ۾ޙࢺзଡ଼ᑎޙᇼᴦ
ަࠞǽǽǽ٫ ᴥࠥࡆܤފᅽఙ۾ޙࢺзଡ଼ᑎޙᇼᴦ ߴǽǽǽ ᴥࠥࡆܤފᅽఙ۾ޙ̷ᩖᇩᇐޙᇼᴦ
ࠞႎǽǽ֪ࢶ ᴥ֤ᮁ۾ޙଡ଼ޙଡ଼ᑎᩒᄉୈᝥᴦ ܝࡺǽǽᏲ߸ ᴥ̱᥆۶ّ۾ޙཟ೫Ιᝩ౼ᴦ
ٜఌǽǽӫԩ ᴥպॖᇋ۾ޙ୫ޙǾଡ଼ᑎᩒᄉʅʽʉ˂ᩋᴦ Íéëå Íáôóõîï ᴥ۾᩸ޙ۾ޙଡ଼ᑎᩒᄉୈʅʽʉ˂ᴦ ӏᗵǽǽױފ ᴥᩜᛴّ᪨۾ޙқࢳඒଡ଼ᑎᆅሱᩒᄉʅʽʉ˂ᴦ ෫ႎǽǽފ ᴥч࣌ଡ଼ᑎ۾ޙ۾ޙޙಇଡ଼ᑎᆅሱᇼᴦ
ࣣࠥǽǽǽॎ ᴥч࣌ଡ଼ᑎ۾ޙ۾ޙޙಇଡ଼ᑎᆅሱᇼᴦ
ዢែǽǽǽງ ᴥᇘੑ۾ޙ۾ޙଡ଼ᑎൡഫ۾ޙଡ଼ᑎୈᆅሱᴦ ᦣజǽǽǽျ ᴥࠞܤފᅽఙ۾ޙᴦ
ᄾ༖ǽǽีਜ ᴥࠥࠞףᇼ۾ޙ᪀َࠖంᮁᴦ ຝǽǽǽఖ ᴥࡀಏᅇ۾ޙ፱նኍޙᴦ
˹ᛴǽǽΥ̿ ᴥᮓࡺ۾ޙ۾ޙଡ଼ᑎᩒᄉʅʽʉ˂Ǿࡾޙᴦ ᕼڌǽǽ๖ˢ ᴥᮓࡺ۾ޙ۾ޙଡ଼ᑎᩒᄉʅʽʉ˂ᴦ
ႎǽǽो ᴥोࡀ۾ޙ۾ޙᩒᡇʅʽʉ˂ᴦ շπǽǽጱˢ ᴥᯚᅺ۾ޙ፱նᆅሱʅʽʉ˂ᩋǾһޙᩋᴦ ᕏǽǽбу ᴥᯚᅺ۾ޙ፱նᆅሱʅʽʉ˂ᴦ
ర˨ǽǽǽޙ ᴥঢ়ݪᅇԗჵ੫ᚓ۾ޙίϧᇼޙᴦ ሄǽǽǽୢผ ᴥঢ়ݪ۾ޙጽ؆ষڨґᴦ
ᩋ༖ǽǽ۹͍ ᴥᩋࡆ۾ޙ۾ޙଡ଼ᑎൡᑤᩒᄉʅʽʉ˂ᴦ ୢለႩǽᬲ˪պ
䋭 㪌 䋭
ᄻඒ
ቼᴮቛǽÆÄ ȻȰɁɽʽʐɷʃʒᴥ୫ᑩᴦ ᴮᴫ ʨɸʵ۾ޙɁɽʽʐɷʃʒ ᴯᴫ ᇹɁɽʽʐɷʃʒ
ᴰᴫ ȕȽȲɁɽʽʐɷʃʒȻᐎț
ᴱᴫ ɽʽʐɷʃʒɂᵃᵁȾफᬭɥ˫țɞȞ
ቼᴯቛǽÆÄ Ɂ̿оȻȰɁʶʣʵ ᴮᴫ ްᏲ
ᴯᴫ ᅺȶȹȝȢɌȠȦȻǾमҾǾ॒ᛵȽʃɷʵ ᴰᴫ ̿оɁʶʣʵȻȰɁफᬭ
第3章 FD アクションプラン
ࢊఞ୳
ᴮᴫ छஓʧʃʉ˂
ᴯᴫ ʁʽʁɬˁɰɱʃʒʽଡ଼ૌഈˢᜄ ᴰᴫ ̜Ұɬʽɻ˂ʒᴥᔐǽ୫ᴦ
ᴱᴫ ̜Ұɬʽɻ˂ʒوኌᴥஓట୫ᴦ
ᴲᴫ ʨɸʵ۾ޙଡ଼ૌˁޙɿ˂ʝʃഈөˢᜄ ᴳᴫ ÆÄ ɬɹʁʱʽʡʳʽʁ˂ʒᴥᔐǽ୫ᴦ ᴴᴫ ÆÄ ɬɹʁʱʽʡʳʽʁ˂ʒᴥஓట୫ᴦ
ᴵᴫ ÆÄ ɬɹʁʱʽʡʳʽળɝᣌɝʁ˂ʒᴥᔐǽ୫ᴦ ᴶᴫ ÆÄ ɬɹʁʱʽʡʳʽળɝᣌɝʁ˂ʒᴥஓట୫ᴦ ±°® ̜ऻɬʽɻ˂ʒᬱᄻᴥᔐǽ୫ᴦ
±±® ̜ऻɬʽɻ˂ʒᬱᄻᴥஓట୫ᴦ ±²® ̜ऻɬʽɻ˂ʒᪿፀᴥᔐǽ୫ᴦ ±³® ̜ऻɬʽɻ˂ʒᪿፀᴥஓట୫ᴦ
ᄻඒ
……… 6
……… 6
……… 10
……… 12
……… 14
……… 16
……… 16
……… 18
……… 20
……… 24
……… 32
……… 34
……… 39
……… 40
……… 46
……… 48
……… 49
……… 50
……… 51
……… 52
……… 58
……… 63
……… 65
㪚㫐㫅㫋㪿㫀㪸㩷㪮㪼㫊㫋㫆㫅䇭䋨䉲䊮䉲䉝䇭䉡䉣䉴䊃䊮䋩 ᢎ䊶ቇ⠌䉰䊷䊎䉴ㇱ㐷䇭ㇱ㐷㐳
ᢎ⢒䊶䉦䉡䊮䉶䊥䊮䉫ᔃℂቇㇱ䇭ᢎ
㪉㪇㪇㪎ᐕ㪊㪉㪍ᣣ䌾㪉㪎ᣣ 䇭ᣈ䇭ᗲᇫᄢቇ
䊐䉜䉦䊦䊁䉞䊶䊂䊔䊨䉾䊌䊷
㐷⻠ᐳ
ᧄ⻠ᐳ䈱ቇ⠌㗄⋡
╙䋱┨䇭䌆䌄䈫䈠䈱䉮䊮䊁䉨䉴䊃䋨ᢥ⣂䋩 㪈㪅 䊙䉩䊦ᄢቇ䈱䉮䊮䊁䉨䉴䊃 㪉㪅 ⑳䈱䉮䊮䊁䉨䉴䊃
㪊㪅 䈅䈭䈢䈱䉮䊮䊁䉨䉴䊃䈫⠨䈋 㪋㪅 䉮䊮䊁䉨䉴䊃䈲䌆䌄䈮ᓇ㗀䉕ਈ䈋䉎䈎
╙䋲┨䇭䌆䌄 㪈㪅 ቯ⟵
㪉㪅 ⍮䈦䈩䈍䈒䈼䈐䈖䈫䇮ᓎഀ䇮ᔅⷐ䈭䉴䉨䊦 㪊㪅 䈱䊧䊔䊦䈫䈠䈱ᓇ㗀
╙䋳┨䇭䌆䌄䉝䉪䉲䊢䊮䊒䊤䊮
࿁ෳട⠪䈱䊆䊷䉵ᛠី⺞ᩏ䈱⚿ᨐ䇭
ലᨐ⊛䈭䌆䌄䈱ၮᧄේೣ䉕ቇ䈶䈢䈇
䊈䉾䊃䊪䊷䉪䇮䉰䊘䊷䊃䉫䊦䊷䊒䈏᰼䈚䈇
䌆䌄䈱⚵❱ൻ䈠䈱䊧䊔䊦
ᢥൻ䉇વ⛔䈫䈇䈦䈢ო䉕ᛂ䈤⎕䉎ᣇᴺ
䉮䊮䉰䊦䊁䉞䊮䉫
䉮䊷䉴䋨࿁䈱ᬺ䋩⸳⸘
ታ〣⊛䈭䊪䊷䉪䉲䊢䉾䊒
)'䈱⹏ଔ
╙䋱┨
)'䈫䈠䈱䉮䊮䊁䉨䉴䊃
䌆䌄䈮䈍䈔䉎䉮䊮䊁䉨䉴䊃䈱ᓎഀ
⑳䈱䉮䊮䊁䉨䉴䊃
䈅䈭䈢䈱䉮䊮䊁䉨䉴䊃
䉮䊮䊁䉨䉴䊃䈲䇮䌆䌄䈮ᓇ㗀䉕ਈ䈋䉎䈣 䉐䈉䈎䋿
䋱䋮䊙䉩䊦ᄢቇ䈱䉮䊮䊁䉨䉴䊃
䋭 㪍 䋭
$VHPLQDUIRU QHZIDFXOW\GHYHORSHUV
&\QWKLD:HVWRQ
'LUHFWRU7HDFKLQJDQG/HDUQLQJ6HUYLFHV
3URIHVVRU'HSWRI(GXFDWLRQDODQG&RXQVHOOLQJ3V\FKRORJ\
(KLPH8QLYHUVLW\-DSDQ0DUFK
*RDOVDQG$JHQGD
&RQWH[WDQGIDFXOW\GHYHORSPHQW 0F*LOOFRQWH[W
0\FRQWH[W
<RXUFRQWH[WDQGYLHZV
'RHVFRQWH[WLQIOXHQFHIDFXOW\GHYHORSPHQW"
)DFXOW\GHYHORSPHQW 'HILQLWLRQV
.QRZOHGJHUROHVVNLOOV /HYHOVRILQWHUYHQWLRQDQGLPSDFW
)DFXOW\GHYHORSPHQWDFWLRQSODQ
1HHGVDVVHVVPHQWUHVXOWV
/HDUQWKHEDVLFVRIHIIHFWLYHIDFXOW\GHYHORSPHQW
1HWZRUNVXSSRUWJURXS
+RZWRRUJDQL]HIDFXOW\GHYHORSPHQWOHYHOV
+RZWREUHDNWKURXJKEDUULHUVRIFXOWXUH WUDGLWLRQ
&RQVXOWLQJ
&RXUVHGHVLJQ
3UDFWLFDOZRUNVKRSV
(YDOXDWLRQRI)'
&KDSWHU
&RQWH[WDQGIDFXOW\
GHYHORSPHQW
7KHUROHRIFRQWH[WLQ )DFXOW\GHYHORSPHQW
0\FRQWH[WV
<RXUFRQWH[WV
+RZGRHVWKLVLQIOXHQFHIDFXOW\
GHYHORSPHQW"
0F*LOOFRQWH[W
䋭 㪎 䋭
䊙䉩䊦ᄢቇ䈱䋨䊚䉾䉲䊢䊮䋩
ᧄቇ䈱ቇㇱ↢䊶ᄢቇ㒮↢䈮น⢻䈭㒢 䉍ᦨༀ䈱ᢎ⢒䉕ឭଏ䈜䉎䈖䈫䈪䇮ᢎ⢒䊶
⎇ⓥ䊶␠ળ⽸₂䈱႐䈮䈍䈔䉎ቇ⠌䉕 ଦㅴ䈜䉎䇯
䊙䉩䊦ᄢቇ
䉦䊅䉻䇮䉬䊔䉾䉪Ꮊ䇮䊝䊮䊃䊥䉥䊷䊦Ꮢ
⎇ⓥᄢቇ
䉦䊅䉻1R䇭කቇඳ჻䇭
0F/HDQ¶V䉦䊅䉻䈱ᄢቇ䊤䊮䉨䊮䉫
⇇䌎䌯䇭䉦䊅䉻䈱ᄢቇ䈪䈲໑৻䈱䊃䉾䊒
䉍
䇭䇭7LPHV+LJKHU(GXFDWLRQ6XSSOHPHQW
ᐕ䊥䉰䊷䉼䊶䊡䊆䊋䊷䉲䊁䉞䊶䉥䊑䊶 䇭䉱䊶䉟䊟䊷
䇭&DQDGLDQ5HVHDUFK,QIR6RXUFH
䊙䉩䊦ᄢቇ
䉨䊞䊮䊌䉴䉕ᜬ䈦䈢⚵❱
ᄢቇᢎຬ䇭䇭ੱ
ቇ↢䇭䇭䇭䇭ੱ
ቇᦼ䈗䈫䈱㐿⻠⑼⋡ᢙ䇭⑼⋡
ᐕ↢䈱ඨᢙ䈲䇮ੱⷙᮨ䈱ᬺ䉕ዋ䈭䈒 䈫䉅⻠⟵䈲ฃ⻠䈚䈩䈇䉎
䋵䈧䈱ᄢቇઃዻ∛㒮
䊙䉩䊦ᄢቇ
ㅴ䉇䊁䊆䊠䉝₪ᓧ䈮䈅䈢䈦䈩ෳ⠨䈮䈘䉏 䉎䉅䈱
±⎇ⓥ
±ᢎ⢒
±䉰䊷䊎䉴䋨▤ℂㆇ༡䊶ၞ⽸₂䋩
ᢎ⢒
±䇸⎇ⓥ䈫ኻ╬䈱ଔ୯䇹
±䊁䉞䊷䉼䊮䉫䊶䊘䊷䊃䊐䉤䊥䉥䈏ᔅⷐ䈫䈘䉏䉎
ቇ↢ਛᔃ䈱ᄢቇ
䇸䊙䉩䊦ᄢቇ䈱⚛᥍䉌䈚䈘䈲䇮ቇ↢䈮䇮
ၞ䈮䇮䈠䈚䈩⍮䈱⊒ዷ䈱䈢䉄䈮䉕ឭ ଏ䈜䉎䈎䈪⹏ଔ䈘䉏䉎䇯䈧䉁䉍䇮ᧄቇ
ቇਛ䈮ቇ↢䇱ੱ䈏⚻㛎䈜䉎↢ᵴ䈫ቇ
⠌䈖䈠䈏䇮ᚑഞ䈱್ᢿၮḰ䋨ዤᐲ䋩䈫䈭 䉎䇯䇹
3ULQFLSDO¶V7DVN)RUFHRQ6WXGHQW/LIHDQG/HDUQLQJ S
⎇ⓥ䇮ᢎ⢒䇮䉰䊷䊎䉴䈮䈍䈇䈩ᦨ㜞䊧䊔䊦䈱ੱ‛䉕ណ↪䈚䇮ᡰ
េ䈜䉎
ቇㇱ↢䈱↢ᵴ䊶ቇ⠌⚻㛎䉕⼾䈎䈮䈜䉎
± ᣂ䈚䈇▤ℂ⡯䈱⸳⟎䋨ᢎ⢒ᜂᒰቇ㐳±ቇ↢↢ᵴ䊶ቇ
⠌ᜂᒰ䋩
± ቇ⠌⋧⺣䈱ᡷༀ
ᄢቇ㒮䈪䈱⎇ⓥ䉕ㅢ䈚䈩䇮ᒝ䉂䉕䉎
± ⽷䈫⎇ⓥ䉴䊕䊷䉴䈱ᡷༀ ᣂ䈚䈇⍮䈱䊐䊨䊮䊁䉞䉝䈱តⓥ
ᢎ⢒䈫⎇ⓥ䈱ᡰេ䉕ᚻෘ䈒䈜䉎
ᢎ⡯ຬ䈱⢻ജ㐿⊒䈱ᡰេ䉕ᚻෘ䈒䈜䉎䇭 䇭
෩ᩰ䈭䉴䉺䊮䉻䊷䊄䉕䈦䈢ᢎຬ䈱䊌䊐䉤䊷䊙䊮䉴᷹ቯ 䊂䊷䉺䈮ၮ䈨䈒ᗧᕁቯ
ቇ⠌ห䈱᭴▽
ᄢቇ䈫䈚䈩䈱ఝవ㗄
䋭 㪏 䋭
7KHPLVVLRQRI0F*LOO8QLYHUVLW\
7KHDGYDQFHPHQWRIOHDUQLQJ WKURXJKWHDFKLQJVFKRODUVKLSDQG VHUYLFHWRVRFLHW\E\RIIHULQJWR
RXWVWDQGLQJXQGHUJUDGXDWHDQGJUDGXDWH VWXGHQWVWKHEHVWHGXFDWLRQDYDLODEOH«
0F*LOO8QLYHUVLW\
0RQWUHDO4XHEHF&DQDGD
5HVHDUFKLQWHQVLYH
PHGLFDOGRFWRUDOLQ&DQDGD
0F/HDQ¶V&DQDGLDQ8QLYHUVLW\UDQNLQJV
LQWKHZRUOGRQO\&DQDGLDQ 8QLYHUVLW\LQWRS
7LPHV+LJKHU(GXFDWLRQ6XSSOHPHQW
5HVHDUFK8QLYHUVLW\RI<HDU&DQDGLDQ 5HVHDUFK,QIR6RXUFH
&DPSXVEDVHGLQVWLWXWLRQ
SURIHVVRUV
VWXGHQWV
FRXUVHVSHUWHUP
RIIUHVKPDQKDYHDWOHDVWRQHFODVVZLWK RYHUVWXGHQWV
WHDFKLQJKRVSLWDOV
0F*LOO8QLYHUVLW\
3URPRWLRQWHQXUHEDVHGRQ
± 5HVHDUFK
± 7HDFKLQJ
± 6HUYLFH
7HDFKLQJ
± ³«UHFHLYHVLWVGXHZHLJKWFRPSDUHGWR UHVHDUFK´
± $WHDFKLQJSRUWIROLRLVUHTXLUHG
0F*LOO8QLYHUVLW\
$VWXGHQWFHQWHUHGXQLYHUVLW\
³0F*LOOLVRQO\DVJUHDWDVZKDWLWFDQRIIHUWR VWXGHQWVWRVRFLHW\DQGWRWKHDGYDQFHPHQWRI NQRZOHGJHDQGLQWKDWUHVSHFWWKHOLIHDQG OHDUQLQJWKDWHDFKRIRXUVWXGHQWVH[SHULHQFHV ZKLOHDWWKH8QLYHUVLW\LVDPHDVXUHRILWV VXFFHVV´
3ULQFLSDO¶V7DVN)RUFHRQ6WXGHQW/LIHDQG/HDUQLQJS
8QLYHUVLW\SULRULWLHV
5HFUXLWDQGVXSSRUWEHVWPLQGVLQUHVHDUFKWHDFKLQJVHUYLFH (QULFKXQGHUJUDGXDWHVWXGHQWOLIHDQGOHDUQLQJH[SHULHQFH
± 1HZVHQLRUDGPLQLVWUDWRU'HSXW\3URYRVW±6WXGHQW/LIH DQG/HDUQLQJ
± ,PSURYHDFDGHPLFDGYLVLQJDQGPHQWRULQJ %XLOGVWUHQJWKWKURXJK*UDGXDWHVWXGLHV
± ,PSURYHIXQGLQJDQGVSDFH ([SORUHQHZIURQWLHUVRINQRZOHGJH (QKDQFHVXSSRUWIRUWHDFKLQJDQGUHVHDUFK
(QKDQFHVXSSRUWIRUVWDIIDQGSURIHVVLRQDOGHYHORSPHQW 0HDVXUHSHUIRUPDQFHDJDLQVWULJRURXVVWDQGDUGV 0DNHGHFLVLRQVEDVHGRQGDWDPDNLQJ %XLOGDOHDUQLQJFRPPXQLW\
䋭 㪐 䋭
䊙䉩䊦ᄢቇ䈮䈍䈔䉎 ᢎ䊶ቇ⠌䈱
䊙䉩䊦ᄢቇ䈲ቇ⠌ห䈪䈅䉎䇯
ቇ⠌ห䈱৻ੱ೨䈱䊜䊮䊋䊷䈫䈚䈩䇮ቇ↢䈲⥄䉌䈱 ᚑ㐳น⢻ᕈ䈮㆐䈜䉎䈣䈔䈪䈲䈭䈒䇮䈠䉏䉕࿁䉎䈖 䈫䉕⋡ᮡ䈮䇮᭽䇱䈭䈖䈫䉕᳞䉄䉌䉏䉎䈼䈐䈪䈅䉎䇯
ᅢᄸᔃ䉕ᜬ䈚⛯䈔䇮ᗧ䉇䉅䈱䈱ᣇ䈮䈍䈇䈩䈲 ᄙ᭽ᕈ䉕ዅ㊀䈚䇮ᛕ್⊛䈮⠨䈋䇮ലᨐ⊛䈮䉮䊚䊠䊆䉬䊷 䉲䊢䊮䈏䈪䈐䉎䉋䈉䈭⁁ᴫ䈮䈍䈇䈩䇮ቇ↢䈲ቇ䈹䈼䈐䈪 䈅䉎䇯
䊙䉩䊦ᄢቇ䈫䈇䈉䉮䊚䊠䊆䊁䉞䈮ෳട䈜䉎䈖䈫䈪䇮ቇ↢
䈲ੱ⊛䈮䉅␠ળ⊛䈮䉅ᚑ㐳䈚䇮ᕁᘦᷓ䈒䇮ၞ䈮⽸
₂䈪䈐䉎䊜䊮䊋䊷䈮䈭䉎ᯏળ䉕ᜬ䈧䈼䈐䈪䈅䉎䇯
䋲䋮⑳䈱䉮䊮䊁䉨䉴䊃
⑳䈱␠ળ䊶ᢥൻ⊛䉮䊮䊁䉨䉴䊃
⧷⺆䉕䈜
䉦䊅䉻ੱ
ᢎ⢒ᔃℂቇ⠪
䇭 㩿⍮ᔃℂቇ㪆᭴ᚑਥ⟵ᔃℂቇ㪀㩷
䊐䊤䊮䉴⺆ᣇ䈱⧷⺆䈏ਥ䈮↪䈘䉏䉎 ᄢቇ
㵨 ⑳䈱ᘒᐲ䇮ଔ୯䇮ℂᗐ䇮ାᔨ䈻䈱ᓇ㗀
± ቯ᧦ઙ䉕⏕䈮䈜䉎䈖䈫䈱㊀ⷐᕈ
± ⋧ℂ⸃䉕ଦㅴ䈜䉎䈢䉄䈮
㵨 ⑳䈱⚻㛎䉕䈅䈭䈢䈱䉮䊮䊁䉨䉴䊃䈮䈅䈩䈲䉄䈩䉂䉁䈚䉊 䈉
ቇ⠌䈮䈧䈇䈩䈱⠨䈋ᣇ
ቇ↢䈲䇮䈱ਛ䈫䈲䈖䈉䈇䈉䉅䈱䈣䈫䈇䈉䇮䈜䈪䈮ᜬ䈦䈩䈇䉎⠨䈋䈫⚿䈶䈧 䈔䉎䈖䈫䈮䉋䈦䈩䇮⥄䉌䈱ቇ⠌䉕ᵴേ⊛䈮䇮䈠䈚䈩䈠䉏䈡䉏䈱䉇䉍ᣇ䈪᭴
▽䈚䈩䈇䈒䇯
ቇ↢䈱ਛ䈮䈜䈪䈮ሽ䈚䈩䈇䉎⍮⼂䈫䈇䈉䉅䈱䈲䇮䈱ਛ䉕⸃㉼䈚䈩䈇䈒 䈢䉄䈱䊒䊤䉾䊃䊐䉤䊷䊛䈫䈚䈩ᯏ⢻䈜䉎䇯䈠䉏䈲䇮⍮⼂䉕ᄌൻ䈘䈞䈩䈇䈒䈖 䈫䉕ଦㅴ䈜䉎䈖䈫䈮䈭䉎䈎䉅䈚䉏䈭䈇䈚䇮ㅒ䈮㓚ო䈮䈭䉎䈎䉅䈚䉏䈭䈇䇯
ቇ⠌䈲䇮ᣂ䈚䈇ᖱႎ䈫䇮䈜䈪䈮ሽ䈚䈩䈇䉎⍮⼂䈱ౣ᭴ᚑ䈫䈱⛔ว䉕
䉖䈪䈇䉎䇯
ቇ⠌䈫䈇䈉䉅䈱䈲䇮⍮䇮ൻ䇮േᯏ䈨䈔䇮␠ળᕈ䇮䉮䊮䊁䉨䉴䊃䈫䈇䈦 䈢ㆊ⒟䈮䉋䈦䈩ᓇ㗀䉕ฃ䈔䉎䇯
ቇ⠌⠪䈏ቇ䈹Ḱ䈏᧪䈩䈇䉎䈫䈐䈮䇮ቇ⠌䈲↢䈛䉎䇯
䇭3LQWULFK0DU[ %R\OH(ZHOO
ቇ⠌ਛᔃ䈮䈧䈇䈩䈱 ၮᧄ⊛䈭⺑
⍮⼂䈫䈲䇮ᣂ䈚䈇ᖱႎ䈱⛔ว䈫䇱ੱ
䈱ℂ⸃䈱ଦㅴ䈮䉋䈦䈩᭴▽䈘䉏䉎䉅䈱 䈪䈅䉎䇯
ቇ⠌⠪䈲ᵴേ⊛䈪䈅䉎
ቇ⠌䈫䈲ᗧ䈱᭴▽䈪䈅䉎
ᢎ䈋䉎䈫䈇䈉䈖䈫䈲䇮ౝኈ䈮㑐䉒䉍䇮ᗧ
䉕᭴▽䈜䉎ᯏળ䉕ឭଏ䈜䉎䈖䈫䈪䈅 䉎䇯
䈅䈱ᤨ䈱
᧪䈫 㑐ଥ䈚䈩 䈇䉎䈭䈅
ᢎ䈋䉎䈖䈫䈮䈧䈇䈩䈱⠨䈋ᣇ
ലᨐ⊛䈭ᄢቇᢎ⢒䈱․ᓽ
±㜞䈇䊧䊔䊦䈱ቇ⺖㗴䈏䈅䉎
±ᢎຬ䈫ቇ↢䈱䉇䉍ข䉍䈏䈅䉎
±ᵴേ⊛䇮දห⊛䈭ቇ⠌⚻㛎
±ᬺᤨ㑆ᄖ䈪䈱ቢ⊛䈭ቇ⠌ᯏળ䈏䈅䉎
±䉨䊞䊮䊌䉴ⅣႺ䈏දജ⊛䈪䈅䉎
166(䊔䊮䉼䊙䊷䉪
䋭 㪈㪇 䋭
0F*LOOWHDFKLQJDQG OHDUQLQJPLVVLRQ
7KH8QLYHUVLW\LVDOHDUQLQJFRPPXQLW\
$VIXOO\IOHGJHGPHPEHUVRIWKLVOHDUQLQJFRPPXQLW\VWXGHQWV VKRXOGEHFKDOOHQJHGQRWRQO\WRDFKLHYHWKHLUSRWHQWLDOEXWWR H[FHO
7KH\VKRXOGOHDUQLQLQFRQGLWLRQVWKDWHQFRXUDJHWKHPWR UHPDLQFXULRXVWRYDOXHGLYHUVLW\LQRSLQLRQVDQGSHUVSHFWLYHV WRWKLQNFULWLFDOO\DQGWRFRPPXQLFDWHHIIHFWLYHO\
7KURXJKWKHLUSDUWLFLSDWLRQLQWKH0F*LOOFRPPXQLW\VWXGHQWV VKRXOGKDYHRSSRUWXQLWLHVWRGHYHORSSHUVRQDOO\VRFLDOO\DQGWR EHFRPHWKRXJKWIXODQGFRQWULEXWLQJPHPEHUVRIVRFLHW\
3ULQFLSDO¶V7DVN)RUFHRQ6WXGHQW/LIHDQG/HDUQLQJ± SJ
0\FRQWH[W
6RFLRFXOWXUDOFRQWH[W
(QJOLVKVSHDNLQJ
&DQDGLDQ
(GXFDWLRQDOSV\FKRORJLVW FRJQLWLYHFRQVWUXFWLYLVW
(QJOLVKXQLYHUVLW\LQD)UHQFKSURYLQFH
± ,QIOXHQFHVP\DWWLWXGHVYDOXHVLGHDOVDQGEHOLHIV
± ,PSRUWDQWWRPDNHDVVXPSWLRQVH[SOLFLW
± 7RIDFLOLWDWHPXWXDOXQGHUVWDQGLQJ
± 7RJHWKHUDGDSWP\H[SHULHQFHIRU\RXUFRQWH[W
9LHZVDERXWOHDUQLQJ
6WXGHQWVFRQVWUXFWWKHLURZQOHDUQLQJDFWLYHO\DQG XQLTXHO\E\PDNLQJFRQQHFWLRQVWRWKHLUSUHFRQFHLYHG QRWLRQVDERXWWKHZD\WKHZRUOGZRUNV
3UHH[LVWLQJNQRZOHGJHVHUYHVDVDSODWIRUPIRULQWHUSUHWLQJ WKHLUZRUOG± DQGPD\EHDIDFLOLWDWRURUEDUULHUWR NQRZOHGJHFKDQJH
/HDUQLQJLQYROYHVWKHLQWHJUDWLRQRIQHZLQIRUPDWLRQDQG UHVWUXFWXULQJRIH[LVWLQJNQRZOHGJH
/HDUQLQJLVLQIOXHQFHGE\FRJQLWLYHSHUVRQDOPRWLYDWLRQDO VRFLDODQGFRQWH[WXDOSURFHVVHV
/HDUQLQJRFFXUVZKHQWKHOHDUQHULVUHDG\WROHDUQ
3LQWULFK0DU[ %R\OH(ZHOO
/HDUQLQJFHQWHUHG
%DVLF$VVXPSWLRQV
.QRZOHGJHLVFRQVWUXFWHGE\
LQWHJUDWLQJQHZLQIRUPDWLRQDQG GHYHORSLQJDSHUVRQDO XQGHUVWDQGLQJ
/HDUQHUVDUHDFWLYH
/HDUQLQJLVFRQVWUXFWLQJPHDQLQJ
7HDFKLQJLVSURYLGLQJRSSRUWXQLWLHV WRZRUNZLWKFRQWHQWDQG FRQVWUXFWPHDQLQJ
9LHZVDERXWWHDFKLQJ
(IIHFWLYHXQLYHUVLW\WHDFKLQJ FKDUDFWHUL]HGE\
± +LJKOHYHORIDFDGHPLFFKDOOHQJH
± 6WXGHQWLQWHUDFWLRQVZLWKIDFXOW\PHPEHUV
± $FWLYHDQGFROODERUDWLYHOHDUQLQJH[SHULHQFHV
± &RPSOHPHQWDU\OHDUQLQJRSSRUWXQLWLHVLQVLGHDQG RXWVLGHWKHFODVVURRP
± 6XSSRUWLYHFDPSXVHQYLURQPHQW
166(%HQFKPDUNV
䋭 㪈㪈 䋭
ቇ⠌ਛᔃ䈱ᢎ⢒
ቇ⠌⠪ਛᔃ䈱 䉟䊮䉴䊃䊤䉪䉲䊢䊅䊦䊶䉝䊒䊨䊷䉼
⍮⼂䈫䈲䇮ᣂ䈚䈇ᖱႎ䈱⛔ว䈫䇱ੱ
䈱ℂ⸃䈱ଦㅴ䈮䉋䈦䈩᭴▽䈘䉏䉎䉅䈱 䈪䈅䉎䇯
ቇ⠌⠪䈲ᵴേ⊛䈪䈅䉎
ቇ⠌䈫䈲ᗧ䈱᭴▽䈪䈅䉎
ᢎ䈋䉎䈫䈇䈉䈖䈫䈲䇮ౝኈ䈮㑐䉒䉍䇮ᗧ
䉕᭴▽䈜䉎ᯏળ䉕ឭଏ䈜䉎䈖䈫䈪䈅 䉎䇯
ቇ⠌ਛᔃ䈱ᬺ
ᡷༀ䈱䈢䉄䈱⛮⛯⊛䈭ᒻᚑ⊛
䊐䉞䊷䊄䊋䉾䉪䉕㊀ⷞ
⋧↪⊛䇮දห⊛䇮⛮⛯⊛䈭 Ṷ⠌䈫䊐䉞䊷䊄䊋䉾䉪
Ⓧᭂ⊛䈭㑐ਈᄢቇᢎຬ䉇ઁ䈱 ቇ↢䈫䈱䉇䉍䈫䉍䇮දห ற䉌䈪䈱䉧䉟䊄㗫❥䈭䉇䉍䈫䉍䇮 䉧䉟䉻䊮䉴
ቇ⠌䈱䊒䊨䉶䉴䋨ኾ㐷ಽ㊁䈱ℂ
⸃䋩
⹏ଔ ᢎ⢒ᛛᴺ ቇ⠌⠪䈱 ᓎഀ
ᢎຬ䈱 ᓎഀ
ὶὐ䈮 䈭䉎䉅䈱
ᢎ䊶ቇ⠌䉰䊷䊎䉴ㇱ㐷䈱
දജ⊛䇮ᨵエ䈪䇮㕟ᣂ⊛䈭ቇ⠌ⅣႺ䉕
ഃ䉎䈖䈫䈪䇮ቇ↢䈱ቇ⠌䈱⾰䉕㜞䉄䉎䇯 ᄢቇᢎຬ䇮ቇㇱ䊶ቇ⑼╬䈱ㆇ༡න䈫 䈱දห㑐ଥ䈱䉅䈫䈪ⴕ䉒䉏䉎䇯
ᧄቇ䈱ో䈩䈱䊧䊔䊦䈪⍮䈘䉏䇮⢒ᚑ 䈘䉏䇮ⶋ⾨䈘䉏䉎䇮ቇ⠌ਛᔃ䈱ᢎ⢒ታ
〣䈫䊘䊥䉲䊷䉕㐿⊒䊶ᡰេ䊶ታᣉ䈚䈩䈇 䈒䊥䊷䉻䊷䉲䉾䊒䉕ឭଏ䈜䉎䇯
䋳䋮䈅䈭䈢䈱䉮䊮䊁䉨䉴䊃䈫⠨䈋
䧅䌆䌄䈱䊚䉪䊨ⅣႺ䋨䇱ੱ䈱⠨䈋ᣇ䇮⚻㛎䋩
䋱䋮䈅䈭䈢䈏⠨䈋䉎䇸ᄢቇ䈮䈍䈔䉎⦟䈇ᬺ䇹䈫䈲䈬䈱䉋䈉䈭䉅䈱䈪䈚䉊䈉䈎䋿 䋲䋮䈚䈦䈎䉍ቇ䈹䈢䉄䈮䇮ᄢቇ↢䈲䉕䈜䈼䈐䈣䈫⠨䈋䈩䈇䉁䈜䈎䋿 䋳䋮䇸⦟䈇ᢎຬ䇹䈮䈭䉎䈢䉄䈮䇮ᄢቇᢎຬ䈏䈜䈼䈐䈖䈫䈲䈣䈫ᕁ䈇䉁䈜䈎䋿 䋴䋮䌆䌄䈅䉎䈇䈲䌆䌄ᜂᒰ⠪䋨䊐䉜䉦䊦䊁䉞䊶䊂䊔䊨䉾䊌䊷䋩䈱䈲䈣䈫ᕁ䈇䉁䈜䈎䋿 䧅䌆䌄䈱䊜䉹ⅣႺ䋨ቇㇱ䊶ቇ⑼䈱⠨䈋ᣇ䇮⚻㛎䋩
䋵䋮䈅䈭䈢䈱ᄢቇ䈱ᢎຬ䈲䇸ᢎ䈋䉎䈫䈇䈉䈖䈫䋨WHDFKLQJ䋩䇹䉕䈬䈱䉋䈉䈮⠨䈋䈩䈇䉎䈫ᕁ䈇 䉁䈜䈎䋿
䋶䈅䈭䈢䈱ᄢቇ䈱ᢎຬ䈲䇸ቇ䈹䈫䈇䈉䈖䈫䋨OHDUQLQJ䋩䇹䉕䈬䈱䉋䈉䈮⠨䈋䈩䈇䉎䈫ᕁ䈇䉁 䈜䈎䋿
䋷䋮ቇㇱᢎຬ䇮ቇㇱ㐳䈲䌆䌄䉇䌆䌄ᜂᒰ⠪䈮䈧䈇䈩䈬䈱䉋䈉䈮⠨䈋䈩䈇䉎䈫ᕁ䈇䉁䈜䈎䋿 䧅䌆䌄䈱䊙䉪䊨ⅣႺ䋨ోቇ䈫䈚䈩䈱⠨䈋ᣇ䇮ᜰ㊎䊶ᣇ㊎䇮䊒䊨䉫䊤䊛䋩
䋸䋮䈅䈭䈢䈱ᄢቇ䈪䈲䇸ᢎ䈋䉎䈖䈫䉇ቇ䈹䈖䈫䇹䉕䉰䊘䊷䊃䈜䉎䈢䉄䈮ోቇ⊛ᜰ㊎䈏䈅䉍䉁 䈜䈎䋿
䋹䋮䈅䈭䈢䈱ᄢቇ䈪䈲䌆䌄䉕䉰䊘䊷䊃䈜䉎ోቇ⊛䈭䊒䊨䉫䊤䊛䈲䈅䉍䉁䈜䈎䋿 䋱䋰䋮䈅䈭䈢䈎䉌䈩䇮ᣣᧄ䈱␠ળ䈲ᄢቇᢎ⢒䉕䈬䈱䉋䈉䈭䉅䈱䈫䈭䈚䈩䈇䉎䈫ᕁ䈇䉁
䈜䈎䋿$GDSWHGIURP%HUWKLDXPH $ULNDZD -XQH
೨⺖㗴
䈅䈭䈢䈱ᢥ⣂䈫⠨䈋䊚䉪䊨䊧䊔䊦
ෳട⠪೨䉝䊮䉬䊷䊃⚿ᨐ
䇭䇭䇭䋱䋮䈅䈭䈢䈏⠨䈋䉎䇸ᄢቇ䈮䈍䈔䉎⦟䈇ᬺ䇹䈫䈲䈬䈱䉋䈉䈭䉅䈱䈪䈚䉊䈉䈎䋿 䇭䇭䇭䋭䇭䇭 䉒䈎䉍䉇䈜䈇
± ⠨䈋䉎ᯏળ䈏䈅䉎
± ቇ↢䈫䈱䉇䉍䈫䉍
± േᯏ䈨䈔䈏䈅䉎
± ㆡᐲ䈮㔍䈚䈇
± ᣢሽ䈱⍮⼂䉇ᛛⴚ䈮ၮ䈨䈇䈩䈇䉎
䋲䋮䈚䈦䈎䉍ቇ䈹䈢䉄䈮䇮ᄢቇ↢䈲䉕䈜䈼䈐䈣䈫⠨䈋䈩䈇䉁䈜䈎䋿
± 䉮䊚䊠䊆䉬䊷䉲䊢䊮䉴䉨䊦䈱ะ
± ␠ળ⚻㛎
± Ფᣣ䈱ቇ⠌
± ⥄Ꮖቇ⠌
± 䉨䊞䊥䉝⸘↹
± 䉥䊷䊒䊮䊶䊙䉟䊮䊄䈪䈅䉎䈖䈫
䋭 㪈㪉 䋭
/HDUQLQJFHQWHUHG WHDFKLQJ
/HDUQHUFHQWUHG ,QVWUXFWLRQDO$SSURDFK
.QRZOHGJHLVFRQVWUXFWHGE\
LQWHJUDWLQJQHZLQIRUPDWLRQDQG GHYHORSLQJDSHUVRQDO
XQGHUVWDQGLQJ
/HDUQHUVDUHDFWLYH
/HDUQLQJLVFRQVWUXFWLQJ PHDQLQJ
7HDFKLQJLVSURYLGLQJ RSSRUWXQLWLHVWRZRUNZLWK FRQWHQWDQGFRQVWUXFW PHDQLQJ
HPSKDVL]HVFRQWLQXRXVIRUPDWLYHIHHGEDFN IRULPSURYHPHQW
LQWHUDFWLYHFROODERUDWLYHRQJRLQJSUDFWLFH DQGIHHGEDFN
DFWLYHO\HQJDJHGLQWHUDFWLRQZLWKSURIDQG RWKHUVWXGHQWVFROODERUDWLYH
OHDUQLQJSURFHVVGHYHORSLQJXQGHUVWDQGLQJ LQWKHGLVFLSOLQH
(YDOXDWLRQ 6WUDWHJLHV /HDUQHU 7HDFKHU )RFXV
/HDUQLQJFHQWHUHG WHDFKLQJ
JXLGHRQWKHVLGH IUHTXHQWLQWHUDFWLRQ JXLGDQFH
7KHPLVVLRQRI
7HDFKLQJDQG/HDUQLQJ6HUYLFHV
7RHQKDQFHVWXGHQWOHDUQLQJE\FUHDWLQJ VXSSRUWLYHDGDSWDEOHDQGLQQRYDWLYHOHDUQLQJ HQYLURQPHQWVLQFROODERUDWLRQZLWKSURIHVVRUV GHSDUWPHQWVIDFXOWLHVDQGDGPLQLVWUDWLYHXQLWV
7RSURYLGHOHDGHUVKLSLQGHYHORSLQJVXSSRUWLQJ DQGLPSOHPHQWLQJOHDUQLQJFHQWHUHGSUDFWLFHV DQGSROLFLHV WKDWDUHQXUWXUHGUHFRJQL]HGDQG UHZDUGHGDWDOOOHYHOVRIWKH8QLYHUVLW\
<RXUFRQWH[WDQGYLHZV
$GYDQFHTXHVWLRQV
0LFURHQYLURQPHQWLQGLYLGXDOYLHZVDSSURDFKHVH[SHULHQFHV :KDWGR\RXWKLQNFKDUDFWHUL]HVJRRGWHDFKLQJDWWKHXQLYHUVLW\OHYHO"
:KDWGR\RXH[SHFWWKDWXQLYHUVLW\VWXGHQWVVKRXOGGRLQRUGHUWROHDUQ"
:KDWGR\RXWKLQNWKDWSURIHVVRUVVKRXOGGRLQRUGHUWROHDUQ KRZWREHJRRGWHDFKHUV"
+RZZRXOG\RXGHVFULEHWKHPLVVLRQRIIDFXOW\GHYHORSPHQWDQG IDFXOW\GHYHORSHUV"
0HVR HQYLURQPHQW'HSDUWPHQWDQG&ROOHJHYLHZVDQGH[SHULHQFHV +RZGRVWDIIDW\RXULQVWLWXWLRQJHQHUDOO\YLHZWHDFKLQJ"
+RZGRVWDIIDW\RXULQVWLWXWLRQJHQHUDOO\YLHZOHDUQLQJ"
:KDWGR\RXWKLQNIDFXOW\PHPEHUVGHSDUWPHQWFKDLUVDQGRU'HDQVWKLQNDERXW IDFXOW\GHYHORSPHQWDQGIDFXOW\GHYHORSHUV"
0DFURHQYLURQPHQWLQVWLWXWLRQDOYLHZVSROLFLHVSURJUDPV :KDWSROLFLHVVXSSRUWLQJWHDFKLQJDQGOHDUQLQJH[LVWDW\RXULQVWLWXWLRQ"
:KDWSURJUDPVVXSSRUWLQJIDFXOW\GHYHORSPHQWH[LVWDW\RXULQVWLWXWLRQ"
+RZLVXQLYHUVLW\WHDFKLQJJHQHUDOO\UHJDUGHGLQ\RXUVRFLHWDOFRQWH[W"
$GDSWHGIURP%HUWKLDXPH $ULNDZD -XQH
<RXUFRQWH[WDQGYLHZVPLFUR
:KDWGR\RXWKLQNFKDUDFWHUL]HVJRRGWHDFKLQJDWWKHXQLYHUVLW\OHYHO"
± (DV\WRXQGHUVWDQG
± 2SSRUWXQLW\WRWKLQN
± ,QWHUDFWLRQIRUVWXGHQWV
± 0RWLYDWLRQ
± &KDOOHQJLQJ
± %XLOGRQSULRUNQRZOHGJHDQGVNLOO
:KDWGR\RXH[SHFWWKDWXQLYHUVLW\VWXGHQWVVKRXOGGRLQRUGHUWROHDUQ"
± ,PSURYHFRPPXQLFDWLRQVNLOOV
± 6RFLDOH[SHULHQFH
± 'DLO\OHDUQLQJ
± 6HOIOHDUQLQJ
± &DUHHUSODQQLQJ
± 2SHQPLQG
䋭 㪈㪊 䋭
䈅䈭䈢䈱ᢥ⣂䈫⠨䈋䊚䉪䊨䊧䊔䊦
ෳട⠪೨䉝䊮䉬䊷䊃⚿ᨐ
䋳䋮䇸⦟䈇ᢎຬ䇹䈮䈭䉎䈢䉄䈮䇮ᄢቇᢎຬ䈏䈜䈼䈐䈖䈫䈲䈣䈫ᕁ䈇䉁䈜 䈎䋿
± ౝኈ䈮㑐䈜䉎ᷓ䈇⍮⼂
± ᣂ䈚䈇ᢎ⢒ᛛᴺ
± ⥄䉌䈱ᬺ䉕ᝄ䉍䉎䈖䈫
± ቇ↢䈱േᯏ䉕㜞䉄䉎䈖䈫
± ᖱᾲ
± ቇ↢䈱䊧䊔䊦䉕⍮䈦䈩䈇䉎䈖䈫
± 䉦䊥䉨䊠䊤䊛䈱ਛ䈪䈱ᒰᬺ䈱⟎䈨䈔䉕⍮䉎䈖䈫
± ⎇ⓥਛᔃ䈎䉌ᢎ⢒ਛᔃ䈻䋨⎇ⓥ⠪䈎䉌ᢎ⢒⠪䈻䋩[
䈅䈭䈢䈱ᢥ⣂䈫⠨䈋䊚䉪䊨䊧䊔䊦
ෳട⠪೨䉝䊮䉬䊷䊃⚿ᨐ
䋴䋮䌆䌄䈅䉎䈇䈲䌆䌄ᜂᒰ⠪䋨䊐䉜䉦䊦䊁䉞䊶䊂䊔䊨䉾䊌䊷䋩䈱䈲䈣䈫ᕁ䈇 䉁䈜䈎䋿
± ৻⥸ᢎຬ䈱ᗧ⼂ะ
± ᢎ⢒䊶⎇ⓥⅣႺ䉕䉋䉍⦟䈇䉅䈱䈮䈜䉎䈖䈫
± ᄢቇᢎຬ䈱น⢻ᕈ䉕ᡰេ䈚䇮ᒁ䈐䈜䈖䈫
± ᬺ䈱䉮䉿
± ᬺ䊂䉱䉟䊮䈱ේℂ
± ᢎ⢒ലᨐ䉕㜞䉄䉎䉋䈉䈮ᢎຬ䈮⺑ᓧ䈜䉎䈖䈫
± ᢎຬ䈮䉅ቇ↢䈮䉅䊜䊥䉾䊃䈱䈅䉎䉋䈉䈭⁁ᴫ䉕䉎
± ᢎຬ䈮䈜䈼䈩䈱ᨩ䈏ቇ↢䈮㑐䉒䉎䈖䈫䈪䈅䉎䈫⼂䈚䈩䉅䉌䈉
± ోᢎຬ䈏ෳട䈪䈐䉎䉋䈉䈭䌆䌄䊒䊨䉫䊤䊛䉕ડ↹䈜䉎
± ⦟䈇ᢎຬ䉕⚵❱ൻ䈜䉎
± ᄢቇ䈱䊘䊥䉲䊷䇮ᢎຬ䇮ቇ↢䉕䈧䈭䈓
䋵䋮䈅䈭䈢䈱ᄢቇ䈱ᢎຬ䈲䇸ᢎ䈋䉎䈫䈇䈉䈖䈫䋨WHDFKLQJ䋩䇹䉕䈬䈱䉋䈉䈮⠨䈋䈩䈇䉎䈫ᕁ䈇 䉁䈜䈎䋿
± ⍮⼂䉕⋥ធવ䈜䉎䈖䈫[
± ᢎຬ䈲䈚䉆䈼䉍䇮ቇ↢䈲ฃേ⊛䈮⡞䈒
± ᤨ㑆䈱ή㚝
± ․䈮⠨䈋䈩䈇䈭䈇
± 䊜䉟䊮䈱ᬺോ䈪䈲䈭䈇
± ᢎ䈋ᣇ䈮㗴䈏䈅䉎䈫䈲䉒䈎䈦䈩䈇䈩䉅䇮䈠䈱ઍᦧ᩺䈏䉒䈎䉌䈭䈇 䋶䈅䈭䈢䈱ᄢቇ䈱ᢎຬ䈲䇸ቇ䈹䈫䈇䈉䈖䈫䋨OHDUQLQJ䋩䇹䉕䈬䈱䉋䈉䈮⠨䈋䈩䈇䉎䈫ᕁ䈇䉁
䈜䈎䋿
± ⍮⼂䈏ቇ↢䈱㗡䈱ਛ䈮䈦䈩䈇䈒䈖䈫
± ᢎຬ䈎䉌ቇ↢䈻৻ᣇ⊛䈭䉅䈱
± ᢎຬ䈲䈚䉆䈼䉍䇮ቇ↢䈲⡞䈇䈩䇮ቇ䈹[
± ⍮⼂䈱₪ᓧ
± ․䈮⠨䈋䈩䈇䈭䈇
䈅䈭䈢䈱ᢥ⣂䈫⠨䈋䊜䉹䊧䊔䊦
ෳട⠪೨䉝䊮䉬䊷䊃⚿ᨐ
䋷䋮ቇㇱᢎຬ䇮ቇㇱ㐳䈲䌆䌄䉇䌆䌄ᜂᒰ⠪䈮䈧䈇䈩䈬䈱䉋䈉䈮⠨䈋䈩䈇䉎䈫ᕁ 䈇䉁䈜䈎䋿
± 䉅ᦼᓙ䈚䈩䈇䈭䈇
± ⎇ⓥ╙৻
± 㕙ୟ䈭䈖䈫
± 䌆䌄䈲ᔅⷐ䈣䈔䉏䈬䉅䇮䉇䉍䈢䈒䈭䈇䈖䈫
± ᤨ㑆䈱ή㚝
± 䊃䉾䊒䉻䉡䊮䈪ㅴ䉄䉌䉏䉎䉅䈱䋨ቇ㐳䉇ᢥㇱ⑼ቇ⋭䈎䉌䋩
䋸䋮䈅䈭䈢䈱ᄢቇ䈪䈲䇸ᢎ䈋䉎䈖䈫䉇ቇ䈹䈖䈫䇹䉕䉰䊘䊷䊃䈜䉎䈢䉄䈮ోቇ⊛
ᜰ㊎䈏䈅䉍䉁䈜䈎䋿
± 䈭䈚[
± 䉮䉿䉇䉝䉟䊂䉝䈣䈔
䈅䈭䈢䈱ᢥ⣂䈫⠨䈋䊜䉹䌾䊙䉪䊨䊧䊔䊦
ෳട⠪೨䉝䊮䉬䊷䊃⚿ᨐ
䋹䋮䈅䈭䈢䈱ᄢቇ䈪䈲䌆䌄䉕䉰䊘䊷䊃䈜䉎ోቇ⊛䈭䊒䊨䉫䊤䊛䈲䈅䉍䉁䈜䈎䋿
±ᬺ⋧ෳⷰ
±ᬺ⹏ଔ䉝䊮䉬䊷䊃
±䊔䉴䊃䊶䊁䉞䊷䉼䊞䊷⾨
±ᬺ䊶䉦䊥䉨䊠䊤䊛ᡷༀ䈱䈢䉄䈱ၮ㊄
䋱䋰䋮䈅䈭䈢䈎䉌䈩䇮ᣣᧄ䈱␠ળ䈲ᄢቇᢎ⢒䉕䈬䈱䉋䈉䈭䉅䈱䈫䈭䈚䈩䈇䉎䈫ᕁ䈇䉁 䈜䈎䋿
±␠ળ䇮䇮䉨䊞䊥䉝䈱Ḱᦼ㑆
±ੱᩰᢎ⢒
±⾗ᩰ䈱ขᓧ
±ᄢቇᢎຬ䉕ዅᢘ䈚䈩䈇䉎䉋䈉䈮ᕁ䈋䉎䈏䇮ታᘒ䈲䈠䈉䈪䈲䈭䈇
±ⷫ䈎䉌䈱ㆊ䈭ᦼᓙ
䈅䈭䈢䈱ᢥ⣂䈫⠨䈋䊙䉪䊨䊧䊔䊦
ෳട⠪೨䉝䊮䉬䊷䊃⚿ᨐ
䋴䋮䉮䊮䊁䉨䉴䊃䈲 )'䈮ᓇ㗀䉕ਈ䈋䉎䈎
䋭 㪈㪋 䋭
<RXUFRQWH[WDQGYLHZVPLFUR
:KDWGR\RXWKLQNWKDWSURIHVVRUVVKRXOGGRLQRUGHUWROHDUQ KRZWREHJRRG WHDFKHUV"
± 'HHSNQRZOHGJHRIFRQWHQW
± 1HZVWUDWHJLHV
± 5HIOHFWLRQRQRZQWHDFKLQJ
± (QKDQFHPRWLYDWLRQRIVWXGHQWV
± 3DVVLRQ
± .QRZWKHOHYHORIWKHVWXGHQWV
± .QRZSRVLWLRQRIFRXUVHLQWKHFXUULFXOXP
± 7HDFKHULQVWHDGRIUHVHDUFKHU[
<RXUFRQWH[WDQGYLHZVPLFUR
+RZZRXOG\RXGHVFULEHWKHPLVVLRQRIIDFXOW\GHYHORSPHQWDQG IDFXOW\
GHYHORSHUV"
± ,PSURYLQJWKHFRQVFLRXVQHVVRIIDFXOW\PHPEHUV
± &UHDWLQJDJRRGWHDFKLQJDQGUHVHDUFKHQYLURQPHQW
± 6XSSRUWLQJDQGHGXFDWLQJWKHSRWHQWLDOLQIDFXOW\PHPEHUV
± 7HDFKLQJWLSV
± 3ULQFLSOHVRIFRXUVHGHVLJQ
± )DFXOW\EX\LQWRLPSURYLQJWHDFKLQJHIIHFWLYHQHVV
± &UHDWHDZLQZLQVLWXDWLRQIRUIDFXOW\
± +HOSIDFXOW\VHHWKDWLWLVDOODERXWWKHVWXGHQWV
± 3ODQIDFXOW\GHYHORSPHQWSURJUDPVVRDOOIDFXOW\PHPEHUVSDUWLFLSDWH
± 2UJDQL]HIDFXOW\ZKRDUHJRRGWHDFKHUV
± &RQQHFWXQLYHUVLW\SROLF\IDFXOW\PHPEHUVVWXGHQWV
<RXUFRQWH[WDQGYLHZVPHVR
+RZGRVWDIIDW\RXULQVWLWXWLRQJHQHUDOO\YLHZWHDFKLQJ"
± &RQYH\LQJNQRZOHGJHWRVWXGHQWVGLUHFWO\[
± 7HDFKHUWDONVVWXGHQWVDUHSDVVLYHDQGOLVWHQ
± 7HDFKLQJLVDZDVWHRIWLPH
± 1RLGHDDERXWWHDFKLQJ
± 7HDFKLQJLVVXEZRUN
± 7KH\NQRZWKHUHDUHSUREOHPVZLWKWHDFKLQJEXWGRQ¶WNQRZDOWHUQDWLYHV
+RZGRVWDIIDW\RXULQVWLWXWLRQJHQHUDOO\YLHZOHDUQLQJ"
± .QRZOHGJHJRHVLQWRVWXGHQWV¶EUDLQV
± ,WLVRQHZD\± IURPWHDFKHUWRVWXGHQW
± 7HDFKHUVSHDNVVWXGHQWVOLVWHQDQGOHDUQ[
± $FTXLULQJNQRZOHGJH
± 1RLGHDDERXWOHDUQLQJ
<RXUFRQWH[WDQGYLHZVPHVR
:KDWGR\RXWKLQNIDFXOW\PHPEHUVGHSDUWPHQWFKDLUV DQGRU'HDQVWKLQNDERXWIDFXOW\GHYHORSPHQWDQGIDFXOW\
GHYHORSHUV"
± 7KHUHDUHQRH[SHFWDWLRQVIRUIDFXOW\GHYHORSPHQW
± 5HVHDUFKLVILUVW
± ,WLVWURXEOHVRPH
± )DF GHYLVUHTXLUHGEXWIDFXOW\GRQ¶WZDQWWRGRLW
± :DVWHRIWLPH
± $QRWKHUWRSGRZQRUGHUXQLYHUVLW\SUHVLGHQWPLQLVWU\
<RXUFRQWH[WDQGYLHZVPDFUR
:KDWSROLFLHVVXSSRUWLQJWHDFKLQJDQGOHDUQLQJH[LVWDW\RXULQVWLWXWLRQ"
± 1RQH[
± 7LSVRULGHDVRQO\
:KDWSURJUDPVVXSSRUWLQJIDFXOW\GHYHORSPHQWH[LVWDW\RXULQVWLWXWLRQ"
± 3HHUUHYLHZRIWHDFKLQJ
± &ODVVHYDOXDWLRQV
± 7HDFKLQJDZDUGV
± )XQGVIRULPSURYLQJWHDFKLQJ
+RZLVXQLYHUVLW\WHDFKLQJJHQHUDOO\UHJDUGHGLQ\RXUVRFLHWDOFRQWH[W"
± 3UHSDULQJVWXGHQWVIRUVRFLHW\MREFDUHHU
± 3HUVRQDOHGXFDWLRQ
± *HWWLQJDGHJUHH
± /RRNXSWRIDFXOW\EXWQRWUHDOO\
± ([WUDRUGLQDU\H[SHFWDWLRQVRISDUHQWV
'RHVFRQWH[WLQIOXHQFH IDFXOW\GHYHORSPHQW"
䋭 㪈㪌 䋭
䊕䉝䊶䉲䉢䉝䋨ಽ䋩
䈖䉏䉌䈱䉮䊜䊮䊃䈮䈧䈇䈩䈬䈉ᕁ䈇䉁䈜 䈎䋿
䉮䊮䊁䉨䉴䊃䈮䈧䈇䈩䈱ෳട⠪䈱䉮䊜䊮䊃
㧔ᦺߪ⻠Ꮷߩࠦࡔࡦ࠻㧕
䌆䌄䈮䈧䈇䈩䈱䉲䉴䊁䊛䉕ᜬ䈧䈖䈫䈏㊀ⷐ䈪䈅䉎䇯
ቇ⠌ℂ⺰䈮ၮ䈨䈇䈩⥄ಽ䈢䈤䈱䉕䈜䉎䈖䈫䈏ᄢ䈣䇯
ᢎ⢒䈫ቇ⠌䉕⎇ⓥ䈮⚿䈶ઃ䈔䈩䈇䈒ᣇᴺ䉕䈧䈔䉎ᔅⷐ䈏䈅䉎䇯
䇭䇭䇭ർ☨ߢߪޔߎࠇࠍޟ⎇ⓥߣᢎ⢒ߩ⚿߮ߟ߈̌PGZWUDGVYGGPTGUGCTEJCPFVGCEJKPI̍
ߣࠎߢ߹ߔޕ
䌆䌄䈲䊚䉪䊨䊧䊔䊦䈪䈲Ყセ⊛⏕䈣䈏䇮䊜䉹䊶䊙䉪䊨䊧䊔䊦䈪䈲࿎㔍䈏ᄙ䈇䇯䈍㊄䈫䊘䊥䉲䊷䈱
䈲㔍䈚䈇䇯
䇭䇭䇭ࡔ࠱ࡑࠢࡠࡌ࡞ߢ߽ߩߏߣ߇ㅴࠃ߁ߦޔ▤ℂ⡯ߣࡄ࠻࠽ࠪ࠶ࡊࠍ᭴▽ߔࠆᔅ ⷐ߇ࠅ߹ߔޕ
䈬䈉䉇䈦䈩േᯏ䈨䈔䉕㜞䉄䈩䇮ෳട䈜䉎䉋䈉ᒁ䈐ㄟ䉄䈳䈇䈇䈱䈎䋿
䇭䇭ޓ⑳ߚߜߪޔߘߩࠃ߁ߥߎߣࠍ߹ࠅᗧ⼂ߒߡߡ߿ߞߡ߈ߚࠊߌߢߪࠅ߹ߖࠎޕ⑳ߚ ߜߩㇱ⟑߇߿ߞߡࠆ৻ߟߩᣇᴺߦޔᬺ࠺ࠩࠗࡦᢎᴺࡢ࡚ࠢࠪ࠶ࡊߣ߁߽ߩ ߇ࠅ߹ߔޕㅳ㑆㧔ᤨ㑆㧕߆ߌߡⴕ߁⍴ᦼ㓸ਛ⊛ߥࡢ࡚ࠢࠪ࠶ࡊߢߔ߇ޔߘߩ႐ ߢߪᄢቇᢎຬ߇ޟᢎຬਛᔃޠ߆ࠄޟቇ⠌ਛᔃޠߦ⠨߃ᣇࠍᄌ߃ߡߊߎߣ߇ࠃߊߎࠅ
߹ߔޕዊࠣ࡞ࡊߢޔ⇣ߥࠆ⠨߃ᣇࠍᜬߞߚෳട⠪ࠍߚࠅޔߘߩੱߚߜߩ⠨߃ࠍ⡞
ߚࠅߒߥ߇ࠄ⚊ᓧߒߡߊߩߛߣᕁ߹ߔޕෳട⠪ߦߪᰴ࿁ߩࡢ࡚ࠢࠪ࠶ࡊߦ᧪ߡ߽
ࠄޔ߆ߦቇ⠌ߦߟߡߩ⥄ಽߩ⠨߃߇ᄌࠊߞߚߩ߆ޔߘߒߡߘࠇ߇ᬺߦ⦟ᓇ㗀 ࠍਈ߃ߚߩ߆ߦߟߡߒߡ߽ࠄ߹ߔޕߎࠇߪઁߩᢎຬߦኻߔࠆᒝ⺑ᓧജࠍᜬߜ߹
ߔ㧔ࡒࠢࡠࡌ࡞㧕ޕห᭽ߦޔࡢ࡚ࠢࠪ࠶ࡊߩෳട⠪ߪޔ⥄ࠄߩᢎ⢒߿ቇ⠌ߦኻߔࠆ
⠨߃ࠍቇㇱ߿ోቇࡌ࡞ߩᆔຬળߢߒߡߊࠇ߹ߔޕߎ߁ߒߚߎߣ߇ޔࡔ࠱ࡑࠢࡠ
ࡌ࡞ߢᓇ㗀ࠍᜬߜᆎࠆߩߢߔޕ
䉮䊮䊁䉨䉴䊃䈮䈧䈇䈩䈱ෳട⠪䈱䉮䊜䊮䊃
㧔ᦺߪ⻠Ꮷߩࠦࡔࡦ࠻㧕
)'䉕䈬䈱䉋䈉䈮⹏ଔ䈚䈢䉌䉋䈇䈱䈎䋿
⸽߇ᔅⷐߢߔޕ⸽ࠍ㓸ࠆߩߦߪᄙߊߩᣇᴺ߇
ࠅ߹ߔ߇ޔਅ⸥ߪߊߟ߆ߩߢߔޕ Ԙෳട⠪ߩḩ⿷ᐲ
(&㑐ଥߩࠗࡌࡦ࠻ߦ㑐ߒߡޔࠕࡦࠤ࠻ࠍታᣉߒߡ
ෳട⠪߆ࠄࡈࠖ࠼ࡃ࠶ࠢࠍ᳞߹ߔޕ ԙෳട⠪ߩᢎ᧚߆ࠄቇ߱
ࠪࡃࠬ߿ෳട⠪ߦ⺖ߔ⺖㗴ࠍಽᨆߔࠆߎߣߢޔෳ
ട⠪߇ߤߩ⒟ᐲቇ⠌ߒޔ⥄ࠄߩᬺ⸘↹ߦᤋߒ ߡࠆߩ߆ࠍᬌ⸽ߒ߹ߔޕ
Ԛᢎቶߢߩᬺෳⷰ
ࡇࠕ⹏ଔ㧔࠴ࠚ࠶ࠢࠬ࠻ࠍߞߡޔᦸ߹ߒᬺ
ߦ㑐ࠊࠆⴕേࠍត᳞ߒߡ߈߹ߔ㧕
╙䋲┨䇭 )'
䋱䋮ቯ䇭⟵
)'䈫䈲䈎䋿
ᢎ⢒ㆊ⒟䈱ᡷༀ䇮䈭䉌䈶䈮ᢎ⢒⠪䈫ቇ↢䈱 ታ〣䈱ᡷༀ䈮ะ䈔䈢⚵❱⊛䈎䈧ቇ⊛䈭䉰 䊘䊷䊃.DKQ %DXPHS
⚵❱ᄌ㕟䈱䉣䊷䉳䉢䊮䊃«䈅䉌䉉䉎䊧䊔䊦䈱
ో䉴䉺䉾䊐䋨▤ℂ⡯䉇ฦᄢቇ䈱䊃䉾䊒䉁䈪䉕
䉃䋩䈱⍮⼂䇮䉴䉨䊦䇮ᘒᐲ䉕᭽䇱䈭ᣇᴺ䈪ᄌ 㕟䈜䉎䈖䈫䈮㑐䉒䉎䇯(OWRQ
䋭 㪈㪍 䋭
3DLUVKDUH
PLQXWHV
:KDWGR\RXWKLQNDERXWWKHVH FRPPHQWV"
<RXUWKRXJKWV
,W¶VLPSRUWDQWWRKDYHDV\VWHPIRU)'
,W¶VLPSRUWDQWWREDVHRXUZRUNRQOHDUQLQJWKHRU\
:HQHHGWRILQGZD\VWROLQNWHDFKLQJDQGOHDUQLQJWRVFKRODUVKLSDQGUHVHDUFK ,Q1RUWK$PHULFDZHDUHFDOOLQJWKLVWKH³QH[XVEHWZHHQUHVHDUFKDQGWHDFKLQJ´
)'LVFOHDUHUDWWKH0LFUROHYHO+DUGHUDW0HVR DQG0DFUR0RQH\DQGSROLF\DUH GLIILFXOW
:HQHHGWRGHYHORSSDUWQHUVKLSVZLWKDGPLQLVWUDWRUVWRPDNHWKLQJVZRUNDWPHVR DQGPDFUROHYHO
+RZGRZHPRWLYDWHDQGSHUVXDGH"
:HGLGQ¶WSXUVXHWKLVDVPXFKDV,¶GKRSHG2QHZD\ZHGRWKLVDW7/6LVWKURXJK WKH&RXUVH'HVLJQDQG䇭7HDFKLQJ:RUNVKRS+LUR KDVLQIRUPDWLRQDERXWWKLV,W LVDRQHZHHNLQWHQVLYHKRXUVZRUNVKRSLQZKLFK䇭SURIVRIWHQFRPHWR FKDQJHWKHLUZD\RIWKLQNLQJIURPPRUH³WHDFKHUFHQWHUHG´ WR³OHDUQLQJFHQWHUHG´
7KH\ZRUN䇭LQVPDOOJURXSVDV\RXGLGRQ'D\DQGWKH\DUHSHUVXDGHGLQSDUW E\OLVWHQLQJWRDQGZDWFKLQJWKHRWKHU䇭SDUWLFLSDQWVZKRPD\KDYHGLIIHUHQWYLHZV 3URIVZKRKDYHWDNHQWKHZRUNVKRSDUHLQYLWHGEDFNWKHQH[WWLPH ZH䇭JLYHLWWR WDONDERXWKRZFKDQJHVLQWKHLUWKLQNLQJDERXWOHDUQLQJKDGDSRVLWLYHLPSDFWRQ WKHLUWHDFKLQJ7KLVLV䇭DOVRSHUVXDVLYHWRSURIVLQWKHZRUNVKRSPLFUROHYHO LPSDFW$VZHOOWKHIRUPHUZRUNVKRSSDUWLFLSDQWVYRLFH䇭WKHLUWKLQNLQJDERXW WHDFKLQJDQGOHDUQLQJLQWKHLUGHSDUWPHQWVDQGRQXQLYHUVLW\FRPPLWWHHV7KLV EHJLQVWRKDYH䇭DQLPSDFWDWPHVR DQGPDFUROHYHOV
<RXUWKRXJKWV
+RZGRZHHYDOXDWHIDFXOW\GHYHORSPHQW"
:HQHHGHYLGHQFH7KHUHDUHPDQ\ZD\VWRFROOHFW HYLGHQFHIRUH[DPSOH
6DWLVIDFWLRQRISDUWLFLSDQWV± HJXVLQJTXHVWLRQQDLUHV WRJHWIHHGEDFNIURPSDUWLFLSDQWVDVWRWKHLU VDWLVIDFWLRQZLWK)'HYHQWV
/HDUQLQJRISDUWLFLSDQWVWHDFKLQJPDWHULDOV± HJ DQDO\]LQJFRXUVHRXWOLQHVDQGDVVLJQPHQWVRI SDUWLFLSDQWVWRVHHWKHH[WHQWWRZKLFKZKDWWKH\KDYH OHDUQHGKDVEHHQLPSOHPHQWHGLQWKHLUWHDFKLQJSODQV 2EVHUYDWLRQRISDUWLFLSDQWVWHDFKLQJLQWKHFODVVURRP±
HJSHHUHYDOXDWLRQXVLQJDFKHFNOLVWWRORRNIRU FHUWDLQGHVLUDEOHWHDFKLQJEHKDYLRUV
&KDSWHU
)DFXOW\GHYHORSPHQW
'HILQLWLRQ
:KDWLVIDFXOW\GHYHORSPHQW"
6\VWHPDWLFDQGVFKRODUO\VXSSRUWIRULPSURYLQJ HGXFDWLRQDOSURFHVVHVDQGWKHSUDFWLFHRI HGXFDWRUVDQGVWXGHQWV$GDSWHGIURP.DKQ %DXPHS
$QDJHQWRILQVWLWXWLRQDOFKDQJH«,WZLOOEH FRQFHUQHGLQGLIIHUHQWZD\VZLWKFKDQJHVLQ NQRZOHGJHVNLOOVDQGDWWLWXGHVRIDOOIDFXOW\DW HYHU\OHYHOULJKWXSWRWKDWRIWKHPRVWVHQLRU DGPLQLVWUDWRUVDQGWKHKHDGRIHDFKDQGHYHU\
XQLYHUVLW\(OWRQ
䋭 㪈㪎 䋭
)'䈱⋡ᮡ䈫䈲䋿
ቇ↢䈱ቇ⠌䈱⾰䉕㜞䉄䉎䈖䈫䇯 䈠䈱䈢䉄䈮
䉴䉺䉾䊐䉕ೝỗ䈚䇮ౣᵴᕈൻ䈜䉎
䉴䉺䉾䊐䈏ᢎ䈋䊶ቇ䈶䈮䈧䈇䈩ᣂ䈚䈇ᖱႎ䉕ቇ
⠌䈜䉎ᚻഥ䈔䉕䈜䉎
ᢎ䈋䊶ቇ䈶䈮ኻ䈜䉎ⴕേ䉇ᘒᐲ䈱ᄌኈ䉕ଦ䈜
䉉䈦䈒䉍ᤨ㑆䉕䈎䈔䈩⚵❱䈮ᓇ㗀䉕ਈ䈋䈩䈇䈒
䇭䇭.DKQ %DXPH3J
⍮䈦䈩䈍䈒䈼䈐䈖䈫䇮ᓎഀ䇮 ᔅⷐ䈭䉴䉨䊦
ၮᧄ䈫䈭䉎⍮⼂
ቇ⠌䈮㑐䈜䉎䈖䈫
±ቇ↢
±ᄢቇᢎຬ
ᬺ䊒䊨䉫䊤䊛⸳⸘㐿⊒⹏ଔ䈮㑐䈜䉎䈖䈫
㜞╬ᢎ⢒䈱⚵❱䈮㑐䈜䉎䈖䈫
⋭⊛ታ〣⚻㛎䈎䉌䈱ቇ䈶
±⥄䉌䈱ታ〣䈱⹏ଔ
ᓎ䇭ഀ
)'ᵴേ䈏ᚑഞ䈜䉎䈎䈬䈉䈎䇮䈅䉎䈇䈲ቇౝ䈪䈱䈠 䈱⟎䈨䈔䈫䈇䈉䈱䈲䇮䉪䊤䉟䉝䊮䊃䈫䈱䊌䊷䊃䊅䊷 䉲䉾䊒䉇ᑪ⸳⊛䈭දห㑐ଥ䉕┙䈤䈕䉎䊐䉜䉦䊦 䊁䉞䊶䊂䉞䊔䊨䉾䊌䊷䈱䉴䉨䊦䈮䉋䉎䇯
䉴䉺䉾䊐䈱䊆䊷䉵䈮ኻᔕ䈜䉎
䈠䉏䈫หᤨ䈮䇮㜞╬ᢎ⢒䈮䈍䈔䉎ቇ↢䈱ቇ⠌⚻㛎 䈱⾰䉕㜞䉄䉎䈫䈇䈉൮⊛䈭⋡ᮡ䈮ะ䈎䈦䈩䇮䈒 䈖䈫
䇭䇭䇭䇭.DKQ %DXPHSJ
䊌䊷䊃䊅䊷䉲䉾䊒䈫 දห㑐ଥ
ో䈩䈱䊧䊔䊦䈪䊌䊷䊃䊅䊷䉲䉾䊒䉕᭴▽䈜䉎䈖䈫 䇭䊚䉪䊨䊜䉹䊙䉪䊨
±▤ℂ⡯䈫䈱䊌䊷䊃䊅䊷䉲䉾䊒
±ቇㇱ㐳䇮ቇ⑼㐳䈫䈱දห㑐ଥ
±ᣇ䉕䈧䈔䉁䈚䉊䈉䇯䈠䈚䈩䈅䈭䈢⥄り䈏ᣇ䈮䈭 䉎䈖䈫䇯
±䊐䉜䉦䊦䊁䉞䊶䊂䉞䊔䊨䉾䊌䊷䈱䉰䊘䊷䊃䊶䊈䉾䊃䊪䊷䉪 䉕᭴▽䈚䉁䈚䉊䈉
ᄌ㕟䈱䉣䊷䉳䉢䊮䊃
䈅䈭䈢䈱ᄢቇ䈪ᢎ䈋䈫ቇ䈶䈱䊎䉳䊢䊮䉕᭴▽
䈜䉎ᚻഥ䈔䉕䈚䉁䈚䉊䈉
±น⢻ᕈ䉕䈚䈩
±㐳ᦼ⊛䈭ⷞ㊁䉕ᜬ䈦䈩
±ઁ⠪䈏ᦨ䉅㊀ⷐ䈣䈫⠨䈋䈩䈇䉎䈖䈫䈲䈎䉕 ᛠី䈚䉁䈚䉊䈉
±ో䈩䈱ᨩ䈏䊎䉳䊢䊮䈫৻⽾ᕈ䉕ᜬ䈧䉋䈉䈮䈜 䉎
䋭 㪈㪏 䋭
:KDWDUHWKHJRDOVRI IDFXOW\GHYHORSPHQW"
7RHQKDQFHVWXGHQWOHDUQLQJE\«
6WLPXODWLQJDQGUHHQHUJL]LQJIDFXOW\
+HOSLQJIDFXOW\WROHDUQQHZLQIRUPDWLRQ DERXWWHDFKLQJDQGOHDUQLQJ
3URPRWLQJFKDQJHVLQEHKDYLRUVDQG DWWLWXGHVWRZDUGVWHDFKLQJDQGOHDUQLQJ
0DNLQJDQLPSDFWRQWKHRUJDQL]DWLRQRYHU WLPH
.DKQ %DXPH3J
.QRZOHGJHUROHVDQGVNLOOV
.QRZOHGJHEDVH
/HDUQLQJ
± 6WXGHQWV
± 3URIHVVRUV
&RXUVHSURJUDPGHVLJQGHYHORSPHQW DVVHVVPHQW
+LJKHUHGXFDWLRQRUJDQL]DWLRQ
5HIOHFWLYHSUDFWLFHOHDUQLQJIURPH[SHULHQFH
± $VVHVVPHQWRIRXUSUDFWLFH
5ROHV
7KHVXFFHVVDQGWKHVWDWXVRIIDFXOW\
GHYHORSPHQWDFWLYLWLHVGHSHQGRQWKHVNLOOVRI WKHIDFXOW\GHYHORSHULQLQLWLDWLQJSDUWQHUVKLSV DQGFRQVWUXFWLYHFROODERUDWLRQVZLWKFOLHQWV
$GGUHVVSHUFHLYHGQHHGVRIVWDII
$WWKHVDPHWLPHZRUNWRZDUGVWKHRYHUDUFKLQJ JRDORIHQKDQFLQJVWXGHQWOHDUQLQJH[SHULHQFHLQ KLJKHUHGXFDWLRQ
.DKQ %DXPHSJ
3DUWQHUVKLSVDQG FROODERUDWLRQV
'HYHORSSDUWQHUVKLSVDWDOOOHYHOVPLFURPHVR PDFUR
± 3DUWQHUVKLSVZLWKVHQLRUDGPLQLVWUDWRUV
± &ROODERUDWLRQVZLWKFKDLUVGHDQV
± )LQGDOOLHV%HDQDOO\
± 'HYHORSDVXSSRUWQHWZRUNRIIDFXOW\
GHYHORSHUV
$JHQWRIFKDQJH
+HOSGHYHORSDYLVLRQIRUWHDFKLQJDQG OHDUQLQJDW\RXUXQLYHUVLW\
± 6HHSRVVLELOLWLHV
± +DYHDORQJWHUPYLHZ
± )LQGRXWZKDWRWKHUVWKLQNLVPRVWFULWLFDO
± $OODFWLYLWLHVVKRXOGEHFRKHUHQWZLWKWKLVYLVLRQ
䋭 㪈㪐 䋭
䇭䈱䊧䊔䊦䈫䈠䈱ᓇ㗀
ᔅⷐᕈ䈫ᦼᓙ䈮ኻᔕ䈜䉎䉋䈉䈮ข⚵䉕 㐿ᆎ䈚䉁䈚䉊䈉
±ฦ⒳䉟䊔䊮䊃䋨䉶䊚䊅䊷䇮䉲䊮䊘䉳䉡䊛╬䋩
±䊒䊨䉳䉢䉪䊃
±䉮䊮䉰䊦䊁䊷䉲䊢䊮
±ផㅴ䊶ᐢႎ
䈫ᓇ㗀䈱䊧䊔䊦
DGDSWHGIURP%HUWKLDXPH $ULNDZD
0LFUR 0HVR 0DFUR
䊚䉪䊨䊧䊔䊦
ੱ䊧䊔䊦
䉺䊷䉭䉾䊃䈲⑼⋡Ფ䈱䇱䈱ᄢቇᢎຬ䈱
ᬺ
ᬺ⸳⸘䈮㑐䉒䉎䉟䊔䊮䊃
ᬺᛛᴺ䈮㑐䉒䉎䉟䊔䊮䊃
ᄢቇᢎຬะ䈔䉮䊮䉰䊦䊁䊷䉲䊢䊮
䊜䉹䇭䊧䊔䊦
ቇㇱቇ⑼䊒䊨䉫䊤䊛䊧䊔䊦
䉺䊷䉭䉾䊃䈲ቇㇱ䉅䈚䈒䈲䊒䊨䉫䊤䊛
䉦䊥䉨䊠䊤䊛䊶䊒䊨䉫䊤䊛⸳⸘䈱䊐䉜䉲䊥䊁䊷 䉲䊢䊮
ቇ⑼㐳䈏ᢎ⢒䈱㊀ⷐᕈ䉕⼂䈚䇮䈠䉏䉕㊀ ⷐⷞ䈜䉎䉋䈉䈮ଦ䈜
ቇ⑼㐳䈏ᬺ⹏ଔ䈱⚿ᨐ䉕ಽᨆ䈜䉎ᚻഥ 䈔䉕䈜䉎
䊙䉪䊨䇭䊧䊔䊦
ోቇ䊧䊔䊦
䉺䊷䉭䉾䊃䈲ᄢቇ
ᢎ⢒䉕ోቇ⊛䈮⍮䈚䈩䉅䉌䈉䈢䉄䈱ᣇ㊎
䈨䈒䉍
ㅴ䉇䊁䊆䊠䉝₪ᓧ䈮䈅䈢䈦䈩䇮ᢎ⢒䉕⹏
ଔ䈜䉎ᣇ㊎䈨䈒䉍
ᢎ䊶ቇ⠌ᆔຬળ䈮䈍䈇䈩䈱ᐢႎ
䋭 㪉㪇 䋭
/HYHOVRILQWHUYHQWLRQ DQGLPSDFW
,QWHUYHQWLRQV
,QLWLDWHDQGUHVSRQGWRGHPDQGV DQGH[SHFWDWLRQV
± (YHQWV
± 3URMHFWV
± &RQVXOWDWLRQV
± $GYRFDF\
/HYHOVRILQWHUYHQWLRQ DQGLPSDFW
DGDSWHGIURP%HUWKLDXPH $ULNDZD
0LFUR 0HVR 0DFUR
0LFUROHYHO
,QGLYLGXDOOHYHO
)RFXVLVWHDFKLQJRILQGLYLGXDOSURIHVVRUVLQ LQGLYLGXDOFRXUVHV
&RXUVHGHVLJQHYHQWV
7HDFKLQJVNLOOVHYHQWV
&RQVXOWDWLRQVZLWKSURIHVVRUV
0HVR OHYHO
)DFXOW\'HSDUWPHQWSURJUDPOHYHO
)RFXVLVGHSDUWPHQWVRUSURJUDPV )DFLOLWDWLQJFXUULFXOXPRUSURJUDPGHVLJQ (QFRXUDJLQJGHSDUWPHQWFKDLUVWR
UHFRJQL]HDQGUHZDUGWHDFKLQJ 6XSSRUWGHSDUWPHQWFKDLUVLQ
LQWHUSUHWLQJFRXUVHHYDOXDWLRQV
0DFUROHYHO
,QVWLWXWLRQDOOHYHO
)RFXVLVXQLYHUVLW\
3ROLFLHVWRUHFRJQL]HWHDFKLQJ
3ROLFLHVWRYDOXHWHDFKLQJLQSURPRWLRQ DQGWHQXUH
$GYRFDF\RQWHDFKLQJDQGOHDUQLQJ FRPPLWWHHV
䋭 㪉㪈 䋭
䊙䉩䊦ᄢቇ7/6䊪䊷䉪䊒䊤䊮
䊙䉩䊦ᄢቇ䈪䈱㑐ਈ䈱䈱⚫
䊚䉪䊨䇮䊜䉹䇮䊙䉪䊨䊧䊔䊦
ㅊട䊧䊔䊦
±䊐䉞䊷䊦䊄䊧䊔䊦ㇱ
± 7/6䊒䊨䉳䉢䉪䊃ਅㇱ
&RQIHUHQFHV 32'
&RQVXOWDWLRQV([WHUQDO 9LVLWRUVFRQVXOW,QW
$GPLQLVWUDWLRQ $FDGHPLF3ODQQLQJ*URXS$3*
&RPPLWWHHV $33&6XEFRPPLWWHHRQ7HDFKLQJDQG/HDUQLQJ6&7/
(YHQWV 7RSLFRIWKH\HDUVWXGHQWVOHDUQLQJGLYHUVLW\
8QLYHUVLW\ZLGH3URMHFWV *UDGXDWHDWWULEXWHV
8QLYHUVLW\ZLGH3URMHFWV 3HGDJRJLFDO3UHSDUDWLRQIRU*UDGXDWH6WXGHQWV
)DFXOW\VSHFLILF&RQVXOW &RXUVH(YDOXDWLRQV6FLHQFH&&(',6(
)DFXOW\VSHFLILF(YHQWV 0DMRUUHGHVLJQSURMHFWSLORW(66
)DFXOW\VSHFLILF3URMHFW 0DMRUUHGHVLJQSURMHFW%DFKHORURI6RFLDO:RUN%6:
'HSW6SHFLILF3URMHFWV %LRORJ\UHGHVLJQ 'HSW)DFXOW\6SHFLILF(YHQWV 7HDFKLQJ3RUWIROLR
&RQVXOWDWLRQV 0F*LOO3URJUDPXQLWZRUNLQJJURXSFRQVXOWDWLRQVRUSUHVHQWDWLRQV
(YHQWV &RXUVHGHVLJQDQGWHDFKLQJZRUNVKRS&'7:
&RQVXOWDWLRQV &RXUVH(YDOXDWLRQV
0F*LOO7HDFKLQJDQG/HDUQLQJ6HUYLFHV:RUNSODQ0DUFK )LHOG+LJKHUHGXFDWLRQ
7/6 0DFUR,QVWLWXWLRQDO
0HVR)DFXOW\'HSDUWPHQW3URJUDPV
0LFUR,QGLY3URIV&RXUVHVDW0F*LOO
䊪䊷䉪䊒䊤䊮䈎䉌䈱ᛮ☴
⾰
ᧄ䊪䊷䉪䊒䊤䊮䈮䈧䈇䈩⾰䈲䈅䉍䉁 䈜䈎"
䊐䉜䉟䊑䊚䊆䉾䊃䊶䊕䊷䊌䊷
䈅䈭䈢䈱ᄢቇ䈮䈍䈔䉎䌆䌄䊒䊨䉫䊤䊛䉕䈠䉏 䈡䉏䈱䊧䊔䊦Ფ䈮ᦠ䈐䈚䈩䉂䉁䈚䉊䈉䇯 䊷䊚䉪䊨
䊷䊜䉹 䊷䊙䉪䊨
䊕䉝䊶䉲䉢䉝
㓞ห჻䈪䌆䌄䊒䊨䉫䊤䊛䉕䈚䉁䈚䉊䈉䇯 䊷䊚䉪䊨
䊷䊜䉹 䊷䊙䉪䊨
䊧䊔䊦䈱
)'䈱
䊷䊚䉪䊨 䊷䊜䉹 䊷䊙䉪䊨
䋭 㪉㪉 䋭
0F*LOO7/6ZRUNSODQ
5HSUHVHQWDWLRQRIRXULQWHUYHQWLRQV
0LFURPHVRPDFUROHYHO
$GGLWLRQDOOHYHOVRI
± )LHOGWRS
± 7/6SURMHFWVERWWRP
&RQIHUHQFHV 32'
&RQVXOWDWLRQV([WHUQDO 9LVLWRUVFRQVXOW,QW
$GPLQLVWUDWLRQ $FDGHPLF3ODQQLQJ*URXS$3*
&RPPLWWHHV $33&6XEFRPPLWWHHRQ7HDFKLQJDQG/HDUQLQJ6&7/
(YHQWV 7RSLFRIWKH\HDUVWXGHQWVOHDUQLQJGLYHUVLW\
8QLYHUVLW\ZLGH3URMHFWV *UDGXDWHDWWULEXWHV
8QLYHUVLW\ZLGH3URMHFWV 3HGDJRJLFDO3UHSDUDWLRQIRU*UDGXDWH6WXGHQWV
)DFXOW\VSHFLILF&RQVXOW &RXUVH(YDOXDWLRQV6FLHQFH&&(',6(
)DFXOW\VSHFLILF(YHQWV 0DMRUUHGHVLJQSURMHFWSLORW(66
)DFXOW\VSHFLILF3URMHFW 0DMRUUHGHVLJQSURMHFW%DFKHORURI6RFLDO:RUN%6:
'HSW6SHFLILF3URMHFWV %LRORJ\UHGHVLJQ 'HSW)DFXOW\6SHFLILF(YHQWV 7HDFKLQJ3RUWIROLR
&RQVXOWDWLRQV 0F*LOO3URJUDPXQLWZRUNLQJJURXSFRQVXOWDWLRQVRUSUHVHQWDWLRQV
(YHQWV &RXUVHGHVLJQDQGWHDFKLQJZRUNVKRS&'7:
&RQVXOWDWLRQV &RXUVH(YDOXDWLRQV
0F*LOO7HDFKLQJDQG/HDUQLQJ6HUYLFHV:RUNSODQ0DUFK )LHOG+LJKHUHGXFDWLRQ
7/6 0DFUR,QVWLWXWLRQDO
0HVR)DFXOW\'HSDUWPHQW3URJUDPV
0LFUR,QGLY3URIV&RXUVHVDW0F*LOO
6HOHFWHG([DPSOHVIURPWKHZRUNSODQ
4XHVWLRQV
'R\RXKDYHDQ\TXHVWLRQVDERXW WKHZRUNSODQ"
)LYHPLQXWHSDSHU
:ULWHGRZQIDFXOW\GHYHORSPHQW DFWLYLWLHVDW\RXULQVWLWXWLRQWKDW RFFXUDWHDFKOHYHO
± 0LFUR
± 0HVR
± PDFUR
3DLUVKDUH
7XUQWRWKHSHUVRQQH[WWR\RXDQG VKDUH\RXUPRVWHIIHFWLYHDFWLYLW\
± 0LFUR
± 0HVR
± 0DFUR
([DPSOHVRIOHYHOV
([DPSOHVRIDFWLYLWLHV
± 0LFUR
± 0HVR
± 0DFUR
䋭 㪉㪊 䋭
䊚䉪䊨
䊎䊂䉥ᓇ
ᣂછᢎຬ⎇ୃ
ᬺ䊂䉱䉟䊮䉇ห᭽䈱ᢎ⢒㗔ၞ䈮㑐ᔃ䉕ᜬ䈧ᢎຬ䉫䊦䊷䊒䈪 䈱䉮䊮䉸䊷䉲䉝䊛䇮䊈䉾䊃䊪䊷䉪䈨䈒䉍
)'䉴䉨䊦ะ䈱䈢䉄䈱䉶䊚䊅䊷
ᬺ䊊䊮䊄䊑䉾䉪ᚑ
䊔䉴䊃䊁䉞䊷䉼䊞䊷䉕⚫䈜䉎䊌䊮䊐䊧䉾䊃䈨䈒䉍
ᄖ࿖⺆ᢎ⢒ᡷ㕟
ቇ↢䈏ᬺ䈮ኻ䈚䈩⊒⸒䈜䉎䈖䈫䉕ଦ䈜
䊜䉹
䊙䉪䊨
㐿ᬺ䋨ᄢቇ䈱ᆫ䉕ၞ᳃䈮વ䈋䉎䈢䉄䈮
㐿䈜䉎䋩
ోቇ䊧䊔䊦䈪䈱䉲䊤䊋䉴䊐䉤䊷䊛䈱ᮡḰൻ
䉲䊤䊋䉴䉼䉢䉾䉪䉲䉴䊁䊛
䊔䉴䊃ᬺ
ᢎຬ䈱ੱᬺ❣⹏ଔ
⠌ᾫᐲ䉪䊤䉴
ᬺᡷༀ䈱䈢䉄䈱ቇ↢ෳടဳ)'
䊪䊮䊶䊚䊆䉾䉿䊶䊕䊷䊌䊷
䈖䉏䉁䈪䈱䈫䈖䉐䈪䇮䈅䈭䈢䈏䈖䈱⻠ᐳ 䈎䉌ᜬ䈤Ꮻ䉎䈖䈫䈱䈪䈐䈠䈉䈭䋳䈧䈱䉝 䉟䊂䉝䈲䈪䈜䈎䋿
╙䋳┨
)'䉝䉪䉲䊢䊮䊒䊤䊮
䋳䈧䈱䉝䉟䊂䉝䋨ᤓᣣ䈱⺖㗴䋩䈱䉁䈫䉄
䋭 㪉㪋 䋭
PLFUR
9LGHRRIWHDFKLQJLQFODVV
1HZIDFXOW\VHPLQDU
&RQVRUWLXPQHWZRUNZLWKJURXSVRIIDFXOW\PHPEHUVLQ FRXUVHGHVLJQDUHDVRIVLPLODULQWHUHVW
6HPLQDUIRULPSURYLQJIG VNLOOV
+DQGERRNIRUWHDFKLQJ
%RRNOHWLQWURGXFLQJJRRGWHDFKHUV
,PSURYLQJODQJXDJHWHDFKLQJLQFRXUVHV
)DF GHYHQFRXUDJHVWXGHQWWRYRLFHSUHIHUHQFHVDERXW WHDFKLQJ
0HVR
0DFUR
3XEOLFOHFWXUH± RSHQFODVVHVWRLQIOXHQFH SXEOLFXQLYHUVLW\RSLQLRQ
$LPLQJIRUVWDQGDUGIRUPIRUV\OODEXVWREHXVHG XQLYHUVLW\ZLGH
8QLYHUVLW\FKHFNV\VWHPIRUV\OODEXV
%HVWSUDFWLFHV±
(YDOXDWLRQRISHUIRUPDQFHRILQGLYLGXDOIDFXOW\
'LYLGHFODVVHVE\DELOLW\OHYHO
6WXGHQWLQYROYHPHQWLQUHIRUPDGYDQFHPHQWRIWHDFKLQJ
± LIVWLPXODWHGE\IDFXOW\GHYHORSPHQW
2QHPLQXWHSDSHU
:KDWDUHWKUHHPDLQLGHDV\RXWDNH IURPWKLVVHPLQDUVRIDU"
&KDSWHU
<RXU )'DFWLRQSODQ
6XPPDU\RIPDLQLGHDV
䋭 㪉㪌 䋭