Jim approached Mr Steve Greenwood with the concept of the QFI and following subsequent discussions with other Queensland leaders, they determined that:
- The creation of a dynamic, robust and thriving economy is critical to the future social and environmental sustainability of Queensland
- Business and industry must take responsibility for working with the Queensland community in creating the environment necessary for growth
- We need liveable communities to attract and retain the innovators and leaders essential to the provision of creative solutions to global challenges
- The current level of public policy discussion on key growth challenges is limited; that catalytic change is needed.
With once-off seed funding from the Queensland Government, the Queensland Futures Institute was formed.