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Leadership Forum. David Riordan – Institute Director. 30 July 2014. Statement of Owner Expectations. Launched by the Minister for Education, the Hon Adrian Piccoli MP, in August 2013 Framed by NSW 2021: A plan to make NSW number one and the NSW Smart and Skilled VET policy reforms.
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Leadership Forum David Riordan – Institute Director 30 July 2014
Statement of Owner Expectations • Launched by the Minister for Education, the Hon Adrian Piccoli MP, in August 2013 • Framed by NSW 2021: A plan to make NSW number one and • the NSW Smart and Skilled VET policy reforms.
Statement of Owner Expectations • TAFE NSW • will be funded as the public VET provider by the NSW Government, with transparent accountability and reporting arrangements. • is to achieve its role and accountabilities with public and other income sources such as • fee for service activity • business partnerships, and • education exports.
Statement of Owner Expectations The NSW Government’s expectations of TAFE NSW: • a state-wide service • offer a broad choice of courses • provide inclusive services • deliver skills critical to the NSW economy • lead quality, innovation and customer focus in service delivery • operate as a sustainable business • an employer of choice.
Statement of Owner Expectations • TAFE NSW is to undertake and be accountable for implementation of governance and business reform priorities: • Greater Institute autonomy • Increased financial transparency and accountability • Effective asset management and service provision.
Statement of Owner Expectations • TAFE NSW’s budget will comprise three funding types: • Contestable (via Smart and Skilled reforms) • Direct funding (operational base funding, funding for community service obligations and for directly purchased services) • Commercial revenues.
Sustainable Business Enrolment Update Source: THSR 28 April 2014
Sustainable Business Sydney TAFE: % enrolments by qualification level (all funds) Source: TAFE Strategy and Finance - TAFE Business Analytics and Accountability, April 2014
Sustainable Business Enrolments and completions Source: THSR 29 April 2014
ChallengesSmart & Skilled Scenario 22% of enrolments are vulnerable
Faculty enrolments vs Targets Data source: Data warehouse 14 July 2014 Strategic Planning and Performance unit
Faculty enrolment targets - Core and non core Data source: Data warehouse 14 July 2014 Strategic Planning and Performance unit
Faculty enrolment targets - All Completions Data source: Data warehouse 14 July 2014 Strategic Planning and Performance unit
Faculty Enrolments YTD comparison 2013/2014 Data source: Data warehouse 14 July 2014 Strategic Planning and Performance unit
Sydney Institute enrolments by fund group Data source: Data warehouse 14 July 2014 Strategic Planning and Performance unit
Faculty enrolments by fund group Data source: Data warehouse 14 July 2014
Faculty enrolments by fund group – Fee for service Non Core Data source: Data warehouse 14 July 2014 Strategic Planning and Performance unit
Faculty enrolments by fund group – Government funded Core Data source: Data warehouse 14 July 2014
VET Provider Analysis – Vocation Ltd One of the largest national private VET training providers in Australia. Formed through the merger of AVANA Group, BAWM Pty and Customer Service Institute of Australia (CSIA) in 2013. Seeks to replicate the success of their business model in Victoria in other states and territories as they transition to a demand driven funding model.
VET Provider Analysis – Vocation Ltd • Recently listed on the Australian Securities Exchange. • experienced significant growth through their ability to attract Victorian Government funding. • Made a number of provider acquisitions, some of which have gained footholds in the higher education and international student markets. • Invested in online technology to maximise returns. • Well positioned to attract government funding and VET Fee Help under Smart & Skilled.
