Bodeker Scientific's purpose is to conduct and support ambitious and excellent research that ensures a productive, sustainable and inclusive future for New Zealand.
What does this mean in practice?
We are not profit-driven. Sometimes we participate in, or even lead the development of, projects that generate little income for the company.
The company never pays dividends to shareholders; this is written into the company Constitution. Any profits made are reinvested in research.
We support other organisations that share our foundation principles, e.g. by assisting with their development of funding proposals (which can sometimes compete with our own).
We look for ways to connect to and support organisations that are conducting excellent research even if Bodeker Scientific is ultimately not involved.
We are generous with our time, giving public talks, visiting schools, etc.
We support emerging talent e.g. by sponsoring university students and engaging with high school students who have an interest in research.
While these activities make little sense in a strictly 'growing the business' way of thinking, that's OK because, while we work hard to remain viable as a business, our primary goal is not to generate profits for shareholders but to conduct and support ambitious and excellent research that benefits New Zealand.
Bodeker Scientific:
Is a scientist-owned research company
Demonstrates nationally and internationally recognised research excellence
Adapts rapidly to changes in the research environment
Values its clients and staff
Is socially and environmentally active both globally and locally
We operate as a principles-based research organisation that builds on a culture of inclusivity in decision making, individual responsibility, collaboration and collective management of resources, to maximise the value derived from investment in research that makes a positive difference in the world.