Strategic Financial Management in Difficult Times

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 school's 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.