The webinar was presented by Further Education sector specialist Jo Wright, Managing Director from turnaround boutique De Novo Advisory; Mark Kenyon, Director at Barclays in the credit risk function of the Special Asset Management team; and Jane Bailey, Assistant Director at Deloitte
This IFT member webinar took place in November 2018, and shared the latest insights and predictions on the turbulent Further Education sector. Speakers also highlighted the most significant risks facing the future of FE, particularly in light of the imminent Insolvency Regime. You can register to download the webinar here.
The webinar was presented by Further Education sector specialist Jo Wright, Managing Director from turnaround boutique De Novo Advisory; Mark Kenyon, Director at Barclays in the credit risk function of the Special Asset Management team; and Jane Bailey, Assistant Director at Deloitte advising financial stakeholders and organisations on FE college mergers – and was kindly hosted by Corporate Partner, Gateley Plc in Birmingham.
Download this webinar to hear the key takeaways including:
- Summary of the current Further Education sector landscape
- Sector transformation driven by the Government’s Area Review process
- FE insolvency regime expected to go live early in 2019
- Current and future significant sector risks, most notably the need for improvements in financial management
- Challenges faced, including strength of leadership and balance of skills at Board level to constructively challenge and pursue improved performance
- Increasing competition meaning colleges are required to become ever more commercial and business-like to survive
- Opportunities for IFT member involvement and sector support
The FE sector continues to face a number of uncertainties, and the position will evolve further during 2019. Hopefully this webinar has provided some valuable insight for members into some of the key challenge areas.