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Strategic Financial Management in Difficult Times

Audience: Primary, Secondary
Single session
  • Key Stage 1
  • Key Stage 2
  • Key Stage 3
  • Key Stage 4
  • Key Stage 5

Brief Overview

This course invites schools in Kent to send along a maximum of 4 delegates (i.e. head teacher, a member of the finance staff and governing body) to work together as a team on activities and formulate decisions that may be required for a school that is facing financial difficulties. 

Delegates will understand some of the steps that can be taken, as well as the information they need to gather, in order to be able to make the necessary strategic decisions to improve the financial management of their school. 

Delegates will work through a case study for a school that has challenging circumstances.  They will use the information available and understand how a number of tools, used for financial management, can help find ways to address the schools financial position. 

There will also be discussions around making sure that the three year planning process has strong links to the costed school development plan and the schools staffing policy. 

Members of the schools financial services team, including those in the School Support Team, will be present to facilitate group activities giving delegates the opportunity to network with those finance staff who work closely with schools in a similar position.

Learning Outcomes

By the end of the session the delegates will be able to: 

  • work through different scenarios for staffing structure and potential funding
  • understand how to use the three year planning process for working through changes to management decisions
  • understand how to communicate a planned process to provide other members of the school and governors reasoning behind final decisions made.

 

Additional Information

All course materials for the session will be provided. 

This is an opportunity for members of the school to work together and network with other schools at a time where there are increasing pressures on school budgets.

Prices

Dates

  • Session - 22/10/2024 09:00  -  12:30

Event Type

Face 2 Face

Address

MIDAS Centre
Meadowfield School
Swanstree Avenue
Sittingbourne
Kent
ME10 4NL

Delivered by

  • Joanne Clark

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