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Context

Going for growth Feedback to Heads of Unit Forum Wednesday 16 th October 2013 Richard Dale Executive Director of Finance and Programme Lead. Context. 2012-13 performance was good: strong I&E and balance sheet Healthy outlook for 2013-14 and good forecasts for later years

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Context

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  1. Going for growthFeedback to Heads of Unit ForumWednesday 16th October 2013Richard DaleExecutive Director of Finance and Programme Lead

  2. Context • 2012-13 performance was good: strong I&E and balance sheet • Healthy outlook for 2013-14 and good forecasts for later years • Student recruitment excellent • Research income back on track Opportune moment to look at size and shape • Thriving in the new dispensation • Strong cash balances • Emerging evidence of capacity constraints • Weak income growth in recent years

  3. The case for growth • There is a correlation between reputation and size • We have been losing market share • We need to be larger to be cost effective • Impact on the local economy And why not? • We are a popular choice for students • We have freehold development land • We have lots of cash and capacity to borrow

  4. RG ranking vs income

  5. RG research GPA vs income

  6. Total income 2001 – 2012 (2001-02 = 100) Overall position in Russell Group: 14th in 2001-02, 18th in 2011-12 Research income in Russell Group: 16th in 2001-02, 17th in 2011-12

  7. What we won’t be doing … • We won’t sacrifice quality for quantity: academic excellence and student experience remain paramount • We won’t sacrifice our commitment to research led teaching • We won’t take our eye off the ball from existing commitments including “Raising the Bar” and responding to this year’s growth in student intake • And we won’t undertake any new projects without sufficient staff - academic, support and project management - to ensure their success.

  8. 2013-14 Student projections (FTE)

  9. The story so far … • EB mini away day 25th May • Presentation to lay members of Council 17th June • Follow up EB discussion 4th July • Creation of “long list” July/August • EB away day 23rd September • Initiation of programme management October • Feedback to heads of unit 16th October • Initial feedback to Council 28th October • Creation of SIG November • Initial feedback to Senate 26th November • Further discussions at Senate/Council TBA

  10. The initial project list New degrees • Sports and exercise science (CD) • Physics (SH) • IMP (CH) • LSCM (CH/SH) • Media/Culture Lab (CH) Strategic developments • MOOC’s (SC) • Engineering curriculum (SH) • Xiamen (ER/CH) • London (ACS) • INTO NUMed (ACS) • Science Central (SH) • Innovation (NW) • US MBBS provision (CD) • Philanthropy (CD/AK)

  11. Questions to address • Do the proposals enhance quality and reputation? • Do the proposals maintain a strong teaching/research balance? • Are the proposals realistically achievable? • Are the proposals worth the effort? • Will the proposals be financially sustainable in the long term? • Do we have capacity to deliver? • Quality of school/institute leadership • Project management capacity • Estate and infrastructure capacity • Academic capacity

  12. Next steps • Request for input via NU Connections and directly • Initial feedback to Senior Officers Group, Heads of Unit Forum, Council and Senate • Creation of Special Interest Group (SIG) • Creation of programme management processes and governance • Identify and implement quick wins to address resource issues arising from this year’s growth • Deep dive to create business and academic cases for initial project list • Report back to Council and Senate early next year – an ideal topic for the next joint meeting?

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