As part of the GDC’s approach to strategic planning, we have today published our Costed Corporate Plan 2023 – 2025. This year’s plan sets out what we will do over the next three years, the fees that we will charge, and includes our forecast of income and expenditure for 2023, as well as reporting on our progress in 2022.
The pandemic has continued to impact the work that can be delivered and is still having a significant impact on the dental sector and wider economic landscape. We have continued to deliver our statutory purpose throughout the pandemic; to protect patient safety and ensure that the public have confidence in the services provided by dental professionals. In order to do this, we reprioritised some work to ensure that we continued to operate efficiently and effectively.
We have been able to deliver much of what we set out to do at the start of the year. Our plan for 2023 – 2025 will enable us to continue to deliver against our regulatory remit.
This year’s publication includes:
- An overview of our Corporate Strategy for 2023 – 2025, which was published in early 2023. Integral to this are our four new strategic aims. All our activity aligned with at least one of these aims.
- A review of the 2022 plan, including achievements and progress made, and a summary of the unplanned work undertaken in 2022.
- A summary of the 57 projects on the 2023 – 2025 work programme, by strategic aim.
- Our forecast expenditure for 2023 – 2025 which shows an increase of 1.3% compared to the agreed budget set in 2022. This is due to increased resource requirements across our support services as part of our ensuring compliance, and inflationary pressures.
- Details of the Annual Retention Fees for the next three years. However, if high inflation is sustained, Council will consider if the fees should increase in 2024 and 2025 but any increase will, at most, be in line with the rate of inflation at the time.
This year’s plan supports our ambition of creating greater understanding of the relationship between our regulatory activity by strategic aim, and the fees that we charge.