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U.S. National Academies adopts new business model to weather a financial storm


The National Academies of Sciences, Engineering, and Medicine (NASEM) has launched a major downsizing to help it cope with a significant loss of federal funding since President Donald Trump took office.

The restructuring of the National Research Council (NRC), NASEM’s operating arm, could eliminate up to one-fifth of the roughly 60 top-level advisory boards that generate ideas for the society’s hallmark consensus reports, says Marcia McNutt, president of the National Academy of Sciences and NRC chair, and former editor-in-chief of Science. Although funding losses are forcing her hand, she sees an upside, saying a leaner NRC should be able to provide policymakers with faster and more relevant scientific advice. The new structure will likely result in additional staff cuts. NASEM has already laid off 50 of its roughly 1000-person staff this year.


Source 
https://www.science.org/content/article/u-s-national-academies-adopts-new-business-model-weather-financial-storm

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