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Overview

With the announcement of the new National Funding Formula which will come into place in 2018 – 2019, schools are being asked to look carefully at how they can use their funding to resource teachers and improve learning outcomes.

Effective business functions of your school or academy must be in place to handle the challenges of increasing financial constraints. Greater school autonomy and direct accountability, however, provide a unique opportunity for you to transform the way you manage your school finances.

Attend this Excelling at School Business Management course to maximise opportunities for pooling resources with other schools, access funds through grants and manage contracts successfully. Gain the tools your school needs to deliver cost-effective outcomes that enhance learning.

Led by National Association of School Business Management’s (NASBM) Associate Practitioner, Peter Melville, this Excelling at School Business Management course equips you with the knowledge and practical guidance to successfully manage your school’s finances.

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Learning Outcomes

  • Examine the impact of the new National Funding Formula and how it will affect your school’s finances
  • Develop the tools and strategies necessary to successfully lead school management and drive progress
  • Learn how to develop school networks that enable successful pooling of resources and collective bargaining power
  • Implement a successful financial strategy that will improve school efficiency and performance
  • Recognise the growing importance of commercial thinking and marketing and how to implement this in your school
  • Learn from best practice in school business management to enhance the functioning of your school

In-House Option

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Agenda

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09:15 - 09:45

Registration

9:45 - 10:00

Chair's Introduction and Clarification of Learning Objectives

10:00 - 10:30

School Funding Reform – Challenges and Guidance

This is a unique opportunity to discuss the latest school funding reform with a representative of the organisation responsible for distributing funding for state education in England for 3-19 year olds

  • School financial health and efficiency
  • Discuss the availability of bench-marking, guidance and peer support
  • Leadership, governance and finance
  • Receive an overview on the new National Funding Formula
10:30 - 11:15

Recognise the Principles of Effective School Management

  • Understand the key competencies for effective school management
  • Discuss a variety of staffing structures and learn how to construct effective business cases
  • Recognise benefits of implementing successful school management processes
  • Improve efficiency and effectiveness to drive performance
  • Identify areas for career development and progression
11:15 - 11:30

Morning Break

11:30 - 12:15

Securing Grants and Funds through Effective Bid Writing

  • Learn the 5 cornerstones of effective bid writing
  • Understand funder motivations and meeting their objectives
  • Make a difference – evidencing funder and beneficiary outcomes
  • Demonstrate how the funding will impact the local community as well as the school
  • Start developing your bid and fundraising plan
  • Review outcomes of bids to ensure continuous improvement
12:15 - 13:00

Managing Resource Collaboration and Contract Management

The Schools’ Buying Strategy published in January 2017 set out the Department of Education’s aim to support schools save over £1bn a year by 2020 on non-staff spend. Since then the Schools Commercial Team has been working to deliver the aims of the strategy, engaging with School Business Professionals (SBP) to increase access to peer support through SBP networks.

  • Develop efficient and effective networking opportunities
  • Explore processes of networking to deliver cost-effective outcomes for all parties
  • Communicate clearly with local partners and stakeholders to optimise collective bargaining power
  • Manage contracts effectively as collaborators and ensure stakeholder engagement
13:00 - 14:00

Lunch

14:00 - 14:45

Developing Financial Planning in Uncertainty

  • Understand how schools can best deal with financial uncertainty
  • Calculate how cost effective the curriculum and staffing structure is
  • Ensure effective measures are in place to manage financial risk
  • This session will explore two main areas to deal with the above challenges :
    • Consider the link between the cost of a school’s curriculum structure and financial planning
    • Acquire the skills and capacity needed for effective financial management in a school
14:45 - 16:00

Workshop: Budget Planning and Forecasting for Schools and Academies

During this interactive session you will work with the chair and fellow delegates to ensure you leave with a comprehensive strategy to manage your school finances efficiently and effectively

  • Ensure your institution remains well-managed and financially viable
  • Guarantee your curriculum and school structure are cost effective
  • Accurately calculate pay adjustments including maternity, paternity and sickness pay
  • Start developing your Budget Planning and Forecasting Plan
16:00 - 16:15

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